Business and Demographics An estimated 585 businesses are located in the study area that support 7,050 employees, based on 2021 ESRI Business Analyst. The breakdown of businesses by North American Industry Classification System (NAICS) category are shown in Table 2 . Wholesale Trade and Retail Trade make up the largest percent of total businesses in the study area based on percent of total employees with 18.7%, and 14.0%, respectively. These trades involve businesses across the study area including supply and food stores, repair and maintenance shops, and other commercial and personal services. Other significant businesses in the area include construction and engineering services, and warehousing and distribution centers. Many of the businesses are accessed by freight rail and trucks, requiring a large footprint for parking lots and rail right-of-way. The United States Census Bureau tool, OnTheMap, was used to summarize employee inflow and outflow within the study area based on most recently available data (2019). It should be noted that the number of employees vary between the OnTheMap and ERSI projection due to different data sources, time frames and analysis methodologies. According to the OnTheMap application, approximately 63% of the labor market (employees in the area or residents in the area) comes from outside of the study area. The remaining labor market includes 35% who leave the study area for work, and 2% who live and work in the study area. The Palm River Redevelopment Area has an estimated population of 19,996 people and 7,735 households, based on ESRI 2021 projections. Residential uses are concentrated in the redevelopment area between S 66th Street and S 86th Street. Vulnerable populations in the study area include those 65 years old or older, and households with a median income less than the county average or income less than $25,000. When compared to Hillsborough County as a whole, the study area has a higher percentage of population that is 15 years old or younger, a lower median household income, and higher percentage of households with income below $25,000, than that of Hillsborough County. A comparison of socioeconomic statistics for the study area and Hillsborough County is provided in Table 4 .
8 Palm River Redevelopment Area Infrastructure Assessment Hillsborough County
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