Taxable Sales

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Taxable Sales

Last Updated: April 10th, 2025

Summary

• Seasonally-adjusted real taxable sales for Southwest Florida totaled $2.969 billion in February 2025, a decline of 2 percent from February 2024 and unchanged from the January 2025 measure.
• Lee County’s seasonally-adjusted real taxable sales were $1.600 billion in February 2025, down 2 percent from February 2024 and 1 percent beneath the prior month.
• Collier County seasonally-adjusted real taxable sales were $998.7 billion in February 2025, 3 percent below February 2024 but up 1 percent from January 2025.
• Seasonally-adjusted real taxable sales in Charlotte County totaled $332.0 million in February 2025, up 2 percent compared to February 2024 but 4 percent below January 2025.
• Seasonally-adjusted real taxable sales in Hendry County totaled $39.4 million in February 2025, a 7 percent decline from February 2024 and 6 percent under the January 2025 total.
• Glades County seasonally-adjusted real taxable sales amounted to $5.8 million in February 2025, a 4 percent improvement from previous year and 19 percent over the previous month.

About the Data

Taxable sales represent transactions that are subject to the state sales tax. Florida currently has a state sales tax of 6%. In addition to the state sales tax, each county is afforded the ability to enact a local option sales tax. See the Regional Economic Research Institute resources page for more information on the sales tax rate for each county. 

Taxable sales data is provided by the Florida Department of Revenue (DOR) and is updated on a monthly basis. Because sales data collected by the DOR is based on the latest month of merchant collections, the RERI adjusts the data to the month of transaction by lagging the data one month. Furthermore, all sales data were adjusted from nominal to real values using the U.S. Consumer Price Index for all urban consumers (CPI-U), with all dollar values reported in January 2022 dollars. Lastly, all data is seasonally-adjusted by the Regional Economic Research Institute using the X13-ARIMA-SEATS seasonal adjustment program, software that is produced, distributed and maintained by the U.S. Census Bureau.