New Port Richey, FL Overview Located 35 miles northwest of Tampa, Florida, New Port Richey is home to over 15,000 ...
New Port Richey, FL Overview
Located 35 miles northwest of Tampa, Florida, New Port Richey is home to over 15,000 residents. With its proximity to the city, it is considered a suburb, with many people in the city commuting to work. The city, however, has a booming healthcare industry, and a majority of the residents are employed in the sector.
The cost of living in New Port Richey is 14.2 percent less than the state average and 13.1 percent less than the national average. This is due to a low cost for healthcare, goods and services, groceries, and above all, housing. Only transportation and utilities are above the national average. Median home prices in the city are around $90,000, while the median rent is $790 a month.
New Port Richey, FL Job Opportunities
There are currently 2,400 businesses in New Port Richey in a number of industries. These sectors include retail, food services, healthcare, education, and tourism. However, eight of the top ten employers in the city are hospitals, hospices, and nursing homes. These businesses constantly need doctors, nurses, physical therapists and nursing assistants to care for patients around the clock.
The other major employers in the city are Hyundai of New Port Richey and Cracker Barrel, although there are many other small businesses. Those with experience as a salesman, waiter, or manager have job opportunities through these numerous employers.
New Port Richey, FL Employment Trends
In New Port Richey, the unemployment rate is 6.5 percent, which is slightly higher than the national rate of 5.5 percent and the statewide rate of 5.3 percent. However, job growth is expected to climb by 3.1 percent over the next year. The city has also added numerous improvements such as park and recreation areas to attract residents, as well as affordable commercial space to lure new businesses.