Port St. Lucie Real Estate Market Overview
Public School Ranking:
Location and Weather
As south Florida continues to expand and move north, Port St. Lucie is one of the fastest growing areas in east-central Florida. It is on the Indian River Lagoon, one of the most biodiverse estuaries in North America. And it is located about 55 miles north of West Palm Beach.
Port St. Lucie is in the subtropical part of Florida with 4 months of warm weather from the end of May through September. High temperatures in the summer are above 86 degrees with lows in the mid 70’s. December through February is the cool season with high temperatures below 76 degrees and lows in the mid 50’s.
Population, Job Market and Cost of Living
Port St. Lucie had a population of 189,344 in 2017, with an annual growth rate of 3%. Over the last year the job market has increased 1.9%. In the next ten years the job growth is predicted to be 42.8%.
Contributing to Port St. Lucie’s growth is a moderate cost of living and a big health care industry with employers like Martin Health System, St. Lucie Medical Center and Port St. Lucie Hospital. Another big employer is call centers that are headquartered in the area including Convey Health Solutions, Teleperformance, Maximus and McKesson. Natalie’s Orange Juice is also headquartered there.
With Port St. Lucie’s moderate cost of living, increasing job market and population, location on the Indian River Lagoon and subtropical climate, more of south Florida will continue to move there away from the congested areas further south.