Skip to content

Naples, Bonita Springs, Marco Island, and Sanibel/Captiva | 239-285-1086

Florida residents tend to generate high passive income

Collier tops ranking for ‘passive’ income among midsize markets, Lee close behind

Staff Report | naplesnews.com

 

Southwest Florida is a hot spot for people who get income from interest, investment dividends or rentals, according to a new report from the U.S. Chamber of Commerce.

Naples-Immokalee-Marco Island tops the midsize metro list, with a median passive income of $19,700 per year. In that metro area, 35.5% of households generate passive income and the median total household income is $75,000. The poverty rate is 9.3%.

Cape Coral-Fort Myers-ranked fourth, with a median passive household income of $8,700 generated by 28.8% of households. The median total household income there is $61,700 and the poverty rate is 11.3%.

Naples-Immokalee-Marco Island area tops the passive income numbers for all cities nationally, according to the report, which uses information from the U.S. Census Bureau.

Click here to read the full article.

Are you interested in finding a new home in the Naples are? David will help you! Contact David at David@DavidFlorida.com or 239-285-1086.

Published inGeneral InterestLocal Interest
Copyright © 2012-2022 David Critzer, REALTOR®. All rights reserved.
Webmaster: Patricia Gill