 About 3.7% of families and 5.7% of the population were below the poverty line, including 14.4% of those under age 18 and 3.7% of those age 65 or over.Venice has been listed in several publications as being the "Shark's Tooth Capital of the World".It hosts the Shark's Tooth Festival every year to celebrate the abundance of fossilized shark's teeth that can be found on its coastal shores.