Pros and Cons of Moving a Business to Fort Lauderdale

Moving a business to Fort Lauderdale can bring measurable advantages backed by data. If you’re looking for a place with economic momentum, it’s worth a serious look—and hiring moving companies in Florida reflects that trend. The metro region shows strong job growth projections (38 % over 10 years), and the county’s GDP hits about $163 billion, giving a clear economic foundation. Relocating a business to Fort Lauderdale offers you more than just scenery—it gives you real numbers to plan around. With over 84,000 businesses in Broward County alone, the environment is already established. Moving a business to Fort Lauderdale means putting down roots where growth is documented. As you evaluate, look at both the upside and the cost side of the ledger.

What Makes The Tax Environment Appealing For Companies Relocating Here?

Moving a business to Fort Lauderdale begins with the math of taxes and the business climate. Movers in Fort Lauderdale remind you that Florida has no personal income tax, and corporate tax remains relatively moderate, so many companies coming from high-tax states see immediate relief in overhead. The local policies emphasise business-friendly incentives and foreign-trade zones—such as an 82-acre tract at Port Everglades Foreign Trade Zone supporting warehousing and logistics. Data show Broward County alone houses over 84,000 businesses as of 2025. These numbers suggest you’re entering an environment set up for business. If you’re asking whether moving a business to Fort Lauderdale will lower your tax and regulatory burden, the evidence supports that it can. Take into account the tax savings and factor those into your relocation plan.

The Tax Numbers That Shape Real Savings

The tax benefits become clearer when you break them into real figures. These numbers show why companies leaving high-tax states notice change fast.

• Florida corporate income tax rate: 5.5%
• Personal income tax: 0% statewide
• Broward County businesses registered: 84,000+
• Foreign Trade Zone at Port Everglades: 82 acres
• Estimated annual savings for owners moving from high-income-tax states: 5–13% on income, depending on revenue and payroll structure

How Does The City’s Global Connectivity Support Business Growth?

Moving a business to Fort Lauderdale becomes compelling when logistics are part of your growth plan. Broward County posted a GDP of around $163 billion, making it the 12th largest in the U.S. among counties. Broward County movers say that the seaport at Port Everglades generated over $33 billion in economic activity and supported roughly 216,000 jobs statewide in recent years. The deep‐water port, extensive warehousing zones, and airport connectivity give companies a real logistical platform. If your business uses imports, exports, or distribution, moving to Fort Lauderdale positions you near infrastructure that moves serious volume. That can reduce transit times, improve supply chain resilience, and raise your competitiveness in global markets.

Logistics Metrics That Show Real Power

Fort Lauderdale’s logistics reach is backed by huge economic output. These numbers explain why distribution-heavy companies pick the area.

• Broward County GDP: Approximately $163 billion
• Port Everglades annual economic impact: $33+ billion
• Jobs supported by Port Everglades statewide: 216,000
• Fort Lauderdale-Hollywood International Airport passengers annually: 35–37 million
• Average shipping turnaround at Port Everglades: Faster than many Southeast ports due to deepwater access and efficient terminals

Why Is The Local Talent Pool Expanding So Quickly?

Moving a business to Fort Lauderdale also makes sense if you want access to labor and talent. Commercial movers in Miami say Broward County’s median household income is about $74,534, and per capita income is roughly $41,910, indicating decent earning power in the region. The labour force for Greater Fort Lauderdale numbered over 1,015,000 in 2020, with around 941,000 employed. The city’s core economic zone has grown 20 % since 2022 and a full 44 % since 2019. That points to expanding employment, new firms, and more hiring opportunities. So when you’re moving a business to Fort Lauderdale, consider that you will likely have access to new talent and a growing regional workforce ready to engage.

Workforce Stats That Support Growth

The talent base keeps expanding, and the growth rate shows no signs of slowing. These numbers prove the region’s workforce strength.

• Greater Fort Lauderdale labor force: 1,015,000+
• Employed workers: 941,000+
• Median household income in Broward County: $74,534
• Per capita income: $41,910
• Growth of the city’s core economic zone: 20% since 2022, 44% since 2019

What Risks Should You Consider When It Comes To Climate And Costs?

Moving a business to Fort Lauderdale doesn’t come without risk. In April 2023, the area recorded 25.91 inches of rain in roughly 12 hours, leading to major flooding, infrastructure damage, and business disruption. Insurance costs and preparedness plans must be baked into your budget. Also, as more companies relocate, infrastructure stresses and recovery costs may creep into operating budgets. If you want to move a business to Fort Lauderdale, ask how you will manage physical risk, which may not show up in standard financial models but can hit hard.

Climate and Cost Risks in Simple Numbers

Storm exposure adds financial weight to relocation decisions. These figures help you judge the scale of the risk.

• Record Fort Lauderdale rainfall event: 25.91 inches in ~12 hours (April 2023)
• FEMA flood-zone coverage near the coast: Significant portions of eastern Fort Lauderdale
• Average commercial property insurance premium increases in South Florida: 15–30% annually
• Business interruption costs after major flooding: Often tens of thousands of dollars per event
• Number of declared federal disasters in Florida in the past decade: 30+

Could Higher Real Estate Prices Affect Your Operating Budget?

Moving a business to Fort Lauderdale may come with higher-than-expected real estate and leasing costs. Downtown office asking rents recently rose from about $22.31 per square foot (five years ago) to $27.14, an increase of around 22 %. A newly announced office building targeting $65 per square foot lease rates shows steep increments in premium locations. If you relocate expecting low cost, you might discover your facility budget will require adjustment.

The Real Estate Market By the Numbers

Commercial space in Fort Lauderdale carries a rising cost curve. These metrics capture the trend.

• Downtown Fort Lauderdale office rent increase: 22% over 5 years
• Asking rates now: $27.14 per sq. ft. average Class A
• New premium building asking rates: Up to $65 per sq. ft.
• Vacancy rates in competitive corridors: Tighter than many Florida metros
• Cost differences between Fort Lauderdale and nearby cities: Often 15–40% higher, depending on district

How Competitive Is The Market Once You Settle In?

Moving a business to Fort Lauderdale puts you in a region where business growth is documented: over 84,000 firms in Broward County and diversification into tech, marine, finance, and logistics. But that means you face serious competition for customers, talent, and space. Many companies are looking at exactly the same advantages. Without a clear differentiator, you may struggle to stand out. Therefore, moving a business to Fort Lauderdale only works if you build a strong strategy for market positioning, cost control, and growth.

Competitive Pressure in Measurable Terms

Growth attracts competition, and the business density shows how intense the landscape can be.

• Total businesses in Broward County: 84,000+
• New businesses formed annually: 6,000–9,000
• Top growth sectors: Healthcare, logistics, marine industries, finance, hospitality
• Projected regional job growth: 38% over 10 years
• Share of companies relocating from out of state: Rising each year, now notably higher than pre-2020 levels

Is Moving A Business To Fort Lauderdale The Smart Move?

Moving a business to Fort Lauderdale gives you access to a region with real numbers showing growth, strong infrastructure, and tax advantages. The facts show a labour force of over a million, a GDP north of $160 billion, and major logistics assets in place. At the same time, you face climate risks, rising real estate costs, and a competitive market. If you want to move a business to Fort Lauderdale, do so with a detailed plan that uses the region’s strengths and mitigates its risks. Moving a business to Fort Lauderdale can be smart—but only if you pair the strong stats with the strategy.