Florida’s $1 trillion economy is the fourth-largest in the United States. If Florida were its own country, it would rank as the 16th-largest economy in the world and the 58th-largest country by population in 2018.
The median income for a Florida resident was $47,684 in 2017, ranking 26th in the United States. The unemployment rate in September 2018 was a modest 3.5%, ranking Florida 18th in the United States.
Florida exports nearly $55 billion in manufactured goods annually, ranking it 8th in the United States by export value. The Miami area is by far the largest metropolitan area in Florida and the 12th-largest in the United States. The area’s GDP was $345 billion as of 2017. Florida is home to 51 billionaires. Most of them own property in the southern part of the state.