Places/FL/Hernando County, FL
County profile

Hernando County, FL

United States · GDP 2024
#567 of 3,127 US counties by GDPtop-quartile growthmore diversified than 49% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$7.3B
BEA · 2024
GDP growth (YoY)
+8.6%
BEA · 2024
Jobs tracked
42,473
Census CBP · 2023
Employers
3,874
Census CBP · 2023
Avg. wage
$47.5k
BLS QCEW · 2023
Population
221,701
Census PEP · 2025
Labor, income & education
Unemployment
5.5%
Median HH income
$66.1k±$1.7k
Bachelor's degree+
21.1%±1.0%
Poverty rate
11.7%±1.1%
Business applications
3,759 · 2025
Retail establishments
526
24.2/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Umbra Applied Technologies Group, Inc.Industrials$2.6M

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care32%
Retail trade26%
Food & accommodation19%
Construction9%
Manufacturing7%
Other services7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
221,701
residents · 2025 · +13.3% since 2020
Income per capita $51.5k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+31,809
International migration+2,048
Natural change7,951

GDP trend

20192024 · nominal
$4.5B
2019
$4.7B
2020
$5.3B
2021
$6.0B
2022
$6.7B
2023
$7.3B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$276.0k±$5.2k
Median gross rent
$1.3k/mo±$66/mo
Vacancy rate
10.9%±0.9%
Affordability
5.8× wages
Residential permits
$528.1M
1,975 units · 8.9/1k pop
FEMA risk score
88.0
HUD Fair Market Rent (2BR):$2.0k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 96Lightning 93Tornado 92
FHFA HOUSE PRICE INDEX · 20162025
246
2016
278
2017
314
2018
335
2019
361
2020
437
2021
555
2022
597
2023
610
2024
606
2025
RESIDENTIAL PERMITS · 20212025
4% since 2021
1,905
2021
1,786
2022
2,030
2023
2,505
2024
1,975
2025

Transport access

BTS · FAA · USACE
Nearest interstate
17.9 km
I-75
Nearest freight rail
2.1 km
CSXT
Nearest port
52.2 km
PROGRESS ENERGY FLORIDA, CRYSTAL RIVER POWER PLANT WHARF
Nearest commercial airport
65.2 km
TAMPA INTL
Wage trend
BLS QCEW · 20192023
$47.5k
avg. annual pay · +25% since 2019
The read

What is the GDP of Hernando?

Hernando's economy produced $7.3B in 2024, growing 8.6% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.