Port Charlotte, Florida is a town with approximately 60,000 residents. It's a comfortable place to settle down, as retirees account for a greater percentage of the population (30%) here than they do nationally (14%), while young adults are less well-represented. Overall, the city's residents, with an average age of just under 48, are older than most cities in Florida. Renters tend to be in the minority in the area, and 75% of residents own their homes. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $1,033 per month. Over the course of a year, renters in Port Charlotte will save around $1,400 compared to the state average.
Compared to the national average (5%), Port Charlotte has a relatively large percentage of residents over the age of 25 who possess an Associate's degree (7%). In addition, 15% have earned a Bachelor's, Master's, Professional, or Doctoral degree. Many Port Charlotte residents work in one of two industries: retail and healthcare. Together, these industries make up 15% of the labor force in the city. Meanwhile, looking at job function, many of the city's residents work in sales, making it the top career path in the city. Port Charlotte workers take home an average annual income of around $53,000, around $13,000 less than the state average. The city's average income also falls below the national average ($73,345).
Port Charlotte has an average commute time of about 26 minutes, outperforming the state average of about 29 minutes. Many residents (35%) drive their own vehicle to work, while public transportation is not used much. Cycling is the second-most favored way to get to work, selected by 1% of commuters. Walking isn't a common method of commuting to work.
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