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| | | Wins and Economic Outlook. ICYMI, Tallahassee was officially recognized as the 2025 All-America City for the third time, becoming part of an exclusive group of communities across the nation that have received this esteemed title. Furthermore, OEV recently shared the Quarterly Economic Dashboard, packed with insightful data on jobs, housing, business, and more. From national recognition to rising numbers, here’s why Tallahassee is a city on the rise. |
| Quick SummaryIn our 433rd edition, here’s what’s buzzin’: Stats: Quarterly Economic Dashboard Celebration: TLH | 2025 All-America City Featured: Trydent Consulting | Trydent Cares TLH Weekend Events
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| | Quarterly Economic Dashboard: May 2025 Edition. | OEV The Office of Economic Vitality (OEV) is the leading authority for economic data and insights in Tallahassee-Leon County. Expert analysts monitor and compile more than 80 key metrics, providing vital information that supports the strategic planning of businesses, community partners, and government agencies across the Tallahassee MSA.
Here are the key metrics and trends from the QED May 2025 report: 📊 Employment & Labor Market Total MSA Employment: 204,900 jobs in Q1 2025 — down 0.7% from Q4 2024’s average of 205,700, but up +2.5% over Q1 2024 (+4,100 jobs). Unemployment Rate: 3-month average at 3.7%, slightly above Q4’s 3.5%, yet consistently below 4% since Q4 2021.
🏗️ Construction & Housing New Single-Family Permits: 143 in Q1 2025 — a +30% jump from Q4 2024 (110), but still 16.8% under the decade Q1 average of 172; total permit value ≈ $38.2M. Median Home Sales Price: $325,000 in Q4 2024 — +0.9% year-over-year (rising $3K), though down 1.5% since Q3; remains > 20% below Florida’s state median since Q3 2021.
💰 Wages & Income 🏨 Tourism & Travel Tourist Development Tax: $2.95M in Q4 2024 — +27.2% from Q3 and +42% above five-year Q4 average ($2.08M). TLH Airport Passengers: 219,877 in Q1 2025 — down 14.6% from Q4, but +25% vs. 10-year Q1 average (175,763).
📈 Business & Commercial Activity Taxable Sales: $1.74B in Q4 2024 — +3.9% Y/Y and +9.1% from Q3; also +15% above the 2019–2023 Q4 average of $1.51B. Office Vacancy Rate: Stayed strong at 4.9%, up 0.5 pp since Q4 but still below 6% since 2020. Industrial Vacancy Rate: 3.2% (+0.6 pp). Remains under 4% since Q1 2018.
⚠️ Unemployment Claims & Foreclosures Initial UI Claims: 480 in Q1 2025 — a minor +2.1% vs. Q4 2024, but a large drop (~77%) compared to the 10-year Q1 average of 2,053. Foreclosures: Only 54 in Q1 2025 — up from Q4 but still 44% below the 10-year Q1 average of 97.
🔍 Summary & Outlook Tallahassee’s economy remains stable. Employment is up 2.5% year-over-year but slightly below Q4. Unemployment stays low under 4%. Real estate is cautiously recovering with more permits and modest price gains, though still below long-term norms. Tourism and commercial sectors are strong, with high tax receipts and sales. Low office and industrial vacancy rates reflect solid demand, while soft signs in mortgage distress and jobless claims suggest continued stability.
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| | 🥰✨ Tallahassee Celebrates Trifecta Win as All-America City: City Earns National Honor for Community Excellence. | Talgov This acknowledgement comes on the heels of the community being named a finalist for the 2025 All-America City Award, recognizing efforts that harness the power of local collaboration to drive meaningful change. Presented by the National Civic League, this prestigious award honors 10 U.S. communities each year for inclusive civic engagement, innovation, and collaboration. The winners were announced last week, June 29th, at the 2025 All-America City Conference in Denver. With its 3rd win, adding to honors in 1999 and 2015, Tallahassee joins a rare group of cities recognized three times. A diverse team of residents, students, and leaders shared the city’s story in Denver, showcasing the collaboration and shared vision behind its 2025 All-America City honor. Tallahassee’s 2025 application highlighted three key initiatives centered on equity, sustainability, and community-driven change: the Southside Action Plan for neighborhood investment and improvement, the Clean Energy Plan for a 100% clean energy future, and the City’s 100+ parks promoting access, livability, and environmental stewardship. FYI: In addition to taking home its third All-America City title, Tallahassee won top honors in the 2025 All-America City social media award. 📱 Visit the National Civic League for more information about the All-America City Award.
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| Image Source: Trydent Consulting |
| Trydent Consulting | Trydent Cares
Trydent Consulting partners with communities to drive meaningful social impact by making expert consulting services accessible to under-resourced entrepreneurs, nonprofits, and emerging talent. Through pro bono leadership, they help small businesses grow sustainably; by supporting community organizations, they foster stronger networks and long-term capacity; and through talent investment, they equip individuals with financial and professional skills to thrive in the workforce. Each initiative reflects their commitment to equity, accessibility, and creating a more connected, resilient future.
🗓️ Schedule a strategic consultation with Trydent! Operation hours from Mondays to Fridays, 10 AM to 4 PM (appointment only).
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| | TLH EVENTS INFINITY CON 2025 |
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| | Entertainment / Things To Do Saturday to Sunday, July 12 to 13 Sunday, July 13 Saturday, July 19 Micahi Danzy Speed Camp by Supreme Athletics | Saturday, July 19 | 8 AM | 3000 School House Rd. | Tickets Learn More Baking Blueberry: A Cake Baking Workshop by Browns Kitchen | Saturday, July 19 | 10 AM | 2551 Capital Cir NE | Learn More
Sunday, July 20 Thursday, July 24 Saturday, July 26 17th Gentlemen's Sampler by Delta Kappa Omega Foundation, Incorporated | Saturday, July 26 | 11:30 AM | James S. Rickards High School, 3013 Jim Lee Rd. | $30 Tickets Learn More
Saturday, Aug. 2 Monday, Aug. 4 |
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