Regional Economic Growth in the United States
According to "Regional Economic Growth in the United States: Projections for 1997 - 2025 by NPA Data Services of Washington D.C., Hernando County will lead the top 25 fastest-growing counties by annual growth rate. Four of the top five counties are projected to be from Florida with Hernando County's annual growth rate over 25 years expected to be 5.36% per year.
Closer to home, the Gainesville-based Bureau of Economics and Business Research (BEBR) writes "Flagler, St. John's, Glades, Osceola,, and Hernando will be the fastest growing county economics in Florida for the next fifteen years. Their average annual job growth will exceed 3.8%. Four of the top five counties are part of the suburban fringe (including Hernando) around a more densely settled urbanized county. Much of their job growth is accounted for by retailing and consumer services to meet the demands of new residential developments. "The BEBR forecast is based upon official population projections and a national forecast purchased from DRI/McGraw-Hill. Of 67 Florida counties, Hernando ranks #5 or higher in the anticipated population percent growth rate, employment percent growth rate, and real income percent growth rate for the 2000 - 2005, and 2005 - 2010 periods. (1997 Florida Long - term Economic Forecast)
From April 1990 to April 1998 the net population growth in Hernando County averaged 2,987 per year. The County Population was just 17,004 in 1970. It rose to 111,115 in 1990, a six-fold increase in just 20 years. Based upon recent housing completion data from the County, the local estimated population as of February 28, 1999 was 127,265.