
Real Estate Investment in Baldwin County Alabama-Gulf Shores, Orange Beach, Perdido Key
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Invest in Baldwin County Alabama......Here's why:
Baldwin County generates the largest percentage of Lodging Rentals in the six-county northern Gulf Coast region !! That includes Florida panhandle counties with popular beach vacation destinations such as Destin, Ft. Walton, Pensacola Beach, Panama City,etc... 2002 Baldwin County Lodging Rentals of $205 million generated $8.2 million in tax revenue During the five year period from 1996 to 2001, Retail Sales in Gulf Shores/Orange Beach grew 36%, Total travel-related employment in Baldwin County in 2002 was an estimated 36,291, representing earnings of more than $701 million. According to Alabama Department of Revenue figures, Baldwin County is also a leader in another key revenue source. In the five years from 1996 to 2001, retail sales in Baldwin County grew 48% (that total was 38% in Gulf Shores and Orange Beach), while statewide the growth rate was 19%. "In 2002 Baldwin County produced more lodging tax, at 26%, than any other Alabama county. The second-largest producer was Jefferson County (Birmingham) with 15%. We produced more than the next three highest-producing counties (Madison, Mobile and Montgomery) combined." In 2002 Baldwin County's taxable lodging rentals, as well as its share of the region's total tourism market, ranked above Escambia, Santa Rosa, Okaloosa, Walton and Bay Counties in Florida. This is according to room tax records from Haas Center for Business Research & Economic Development at the University of West Florida and Auburn University Montgomery Center for Business & Economic Development. Since September 11, the hottest second-home markets are in resort areas that are a tank full of gas from big cities. 77 million baby boomers are set to retire in the next three decades, housing in prime spots will only get pricier. And many desirable resort areas have a limited amount of land available for new development, which should keep vacation home prices firm. Let the Aaron help you find a getaway that's also a dream investment.
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