Business in Crestview
Prosperous Commerce Base
LABOR FORCE (2006)
Labor Force 98,757
Labor Force % of County Population 54.8
Number in County Unemployed 2,386
Unemployment Rate 2.4%
EMPLOYMENT BY INDUSTRY
Okaloosa Florida
(2005) Total Employment 82,269 7,747,729
Natural Resources & Mining 0.1% 1.3%
Construction & Real Estate 6.9% 7.6%
Education & Health Services 8.9% 18.4%
Finance & Insurance 8.1% 6.8%
Public Administration 10.8% 5.8%
Information 2.7% 2.2%
Manufacturing 5.6% 5.2%
Other Services 3.4% 3.1%
Leisure & Hospitality 14.9% 11.5%
Professional & Business Services 13.3% 17.1%
Trade/Transportation/Utilities 19.7% 20.8%
AVERAGE WAGE IN INDUSTRIES (2005)
All Industries – $28,833
Natural Resources & Mining – $24,063
Construction & Real Estate – $30,044
Education & Health Services – $34,098
Finance & Insurance – $37,629
Public Administration – $48,034
Information – $51,685
Manufacturing – $43,025
Other Services – $24,505
Leisure & Hospitality – $14,809
Professional & Business Services – $44,092
Trade/Transportation/Utilities – $24,804
TOP TEN PRIVATE SECTOR
Abbott Resorts
Business: Real Estate Sales & Property Management
Number of Employees........................................... 1,300
L-3 Crestview Aerospace
Business: Aircraft Manufacturing, Maintenance & Modification
Number of Employees ...........................................1,220
Fort Walton Beach Medical Center
Business: Full-Service Hospital
Number of Employees ...........................................941
BAE Systems
Business: Range Test Facilities/Logistics/Electronics
Number of Employees...........................................910
Tybrin Corporation
Business: Engineering Analysis & Software Development
Number of Employees...........................................875
Metric Systems Corporation
Business: Defense Electronics
Number of Employees...........................................730
Sverdrup Technology
Business: Engineering Services
Number of Employees...........................................650
North Okaloosa Medical Center
Business: Full-Service Hospital
Number of Employees...........................................585
Manufacturing Technologies, Inc.
Business: Engineering, Development & Avionics
Number of Employees...........................................450
White Wilson Medical Center
Business: Outpatient Medical Services
Number of Employees...........................................380
INDUSTRIAL PARKS
The Okaloosa County Industrial Park is a full-service 400-acre park with access to a category 2 ILS 8,500-foot runway. The area also hosts a 116-acre industrial park situated on Interstate 10 in Holt and a 35-acre industrial park in Laurel Hill.
STATE & LOCAL TAXATION
COUNTY
Ad Valorem Millage Rates:
Government – 4.250
Special – 0.050
Schools – 8.063
Total – 12.363
Ad Valorem Tax Exemption: Yes
Retail Sales Tax (Local Option) – 0.0
Utility Service Tax – 0.0
Federal Enterprise Zone – No
State Enterprise Zone – EZ-4601
STATE
Corporate Income Tax – 5.5%
Personal Income Tax – 0.0%
Retail Sales Tax – 6.0%
Intangible Tax (per $1,000 – $0.50
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