Orlando Real Estate

Orlando Florida City Overview

Here are some local factors that affect home values in Orlando.
Orlando Financial Statistics Median household income (per year) $45,022 Income change over time (increase since 1990) 47.44% Sales tax 6.48% State income tax rate (highest bracket) n/a State income tax rate (lowest bracket) n/a Auto insurance premiums (average for the state) $818 Orlando Housing Median home price $159,610 Home price gain (2-5 year gain) 10.43% Orlando Education Colleges, universities and professional schools (within 30 miles) 9 Junior colleges and technical institutes (within 30 miles) 12 Orlando Quality of Life Personal crime risk (100 is national average, lower is better) 188 Property crime risk (100 is national average, lower is better) 151	Orlando People Population (town and surrounding area) 773,856 Population change over time (increase since 1990) 51.05% Median age 33 Orlando Leisure & Culture Movie theaters (within 15 miles) 37 Restaurants (within 15 miles) 4,039 Bars (within 15 miles) 322 Public golf courses (within 30 miles) 120 Libraries (within 15 miles) 31 Museums (MAA accredited; within 30 miles) 3 Orlando Weather Annual precipitation (inches) 48.47 High temp in July (degrees F) 92.10 Low temp in Jan (degrees F) 49.80 Heating days 566 Cooling days 3,426
* Degree days are a calculation used to estimate heating and cooling costs. Heating Degree Days is the annual sum of the degrees above 68 for each day's average temperature. Cooling Degree Days is the annual sum of the degrees below 68 for each day's average temperature. How is this meaningful? If there is a predominance of one type of degree day over another; that indicates either a very hot or very cold environment. If both numbers are large, that generally indicates a very variable climate. If both numbers are small, that generally indicates a more consistent climate. The data here represents the zip codes associated with town name. The listed populations often include areas outside an incorporated municipality. Information provided by OnBoard LLC.

As of 2007, Orlando's population was 220,186 people. Since 2000, it has had a population growth of 18.41 percent.

The median home cost in Orlando is $272,500. Home appreciation the last year has been -2.31 percent.

Compared to the rest of the country, Orlando's cost of living is 6.00% Lower than the U.S. average.

Orlando public schools spend $5,311 per student. The average school expenditure in the U.S. is $6,058. There are about 17 students per teacher in Orlando.

The unemployment rate in Orlando is 2.90 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Orlando jobs have Increased by 2.78 percent.

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People

The 2007 Orlando, FL, population is 220,186. There are 2,350 people per square mile (population density).

Family in Orlando, FL

The median age is 35. The US median is 37.6. 36.33% of people in Orlando, FL, are married. 13.74% are divorced.

The average household size is 2.17 people. 12.80% of people are married, with children. 11.39% have children, but are single.

Race in Orlando, FL

56.39% of people are white, 28.67% are black, 3.27% are asian, 0.38% are native american, and 10.87% claim 'Other'.

20.86% of the people in Orlando, FL, claim hispanic ethnicity (meaning 79.14% are non-hispanic).

People	Orlando, FL	United States
Population	220,186	293,655,400
Pop. Density	2,350	80
Pop. Change	18.41%	5.88%
Median Age	35	37.6
Households	96,220	108,954,329
Household Size	2.17	2.6
Male Population	48.76%	48.65%
Female Population	51.24%	51.35%
Married Population	43.93%	58.89%
Single Population	56.07%	41.11%

Economy

The unemployment rate in Orlando, FL, is 2.90%, with job growth of 2.78%. Future job growth over the next ten years is predicted to be 29.55%.

Orlando, FL Taxes

Orlando, FL,sales tax rate is 6.50%. Income tax is 0.00%.

Orlando, FL Income and Salaries

The income per capita is $24,064, which includes all adults and children. The median household income is $40,772.

Economy	Orlando, FL	United States
Unemployment Rate	2.90%	4.60%
Recent Job Growth	2.78%	1.40%
Future Job Growth	29.55%	11.90%
Sales Taxes	6.50%	6.00%
Income Taxes	0.00%	5.02%
Income per Cap.	$24,064	$24,020
Household Income	$40,772	$44,684
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	15.04%	13.64%
Income between 15K and 25K	13.82%	11.21%
Income between 25K and 35K	14.95%	11.46%
Income between 35K and 50K	19.56%	15.84%
Income between 50K and 75K	17.71%	19.28%
Income between 75K and 100K	8.75%	11.53%
Income between 100K and 150K	6.36%	10.70%
Income between 150K and 250K	2.53%	4.43%
Income between 250K and 500K	0.88%	1.31%
Income greater than 500K	0.41%	0.61%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	14.44%	13.61%
Professional and Related Occupations	18.76%	20.24%
Service	19.33%	14.75%
Sales and Office	30.05%	26.74%
Farming, Fishing, and Forestry	0.24%	0.74%
Construction, Extraction, and Maintenance	7.41%	9.48%
Production, Transportation, and Material Moving	9.78%	14.44%

Housing

The median home value in Orlando, FL, is $272,500. Home appreciation is -2.31% over the last year. The median age of Orlando, FL, real estate is 24 years.

Orlando, FL Apartments and Rentals

Renters make up 55.06% of the Orlando, FL, population. 8.62% of houses and apartments in Orlando, FL, are unoccupied (vacancy rate).

Housing	Orlando, FL	United States
Median Home Age	24	27
Median Home Cost	$272,500	$217,200
Home Appreciation	-2.31%	9.80%
Homes Owned	35.99%	64.07%
Housing Vacant	8.62%	14.48%
Homes Rented	55.06%	21.45%
Property Tax Rate	$13.69	$13.28
OWNER-OCCUPIED HOUSING UNITS BY VALUE
Less Than $20,000	0.58%	3.01%
$20,000 to $39,999	0.81%	4.37%
$40,000 to $59,999	2.61%	5.74%
$60,000 to $79,999	7.21%	7.07%
$80,000 to $99,999	10.26%	8.41%
$100,000 to $149,999	33.36%	19.74%
$150,000 to $199,999	17.23%	14.06%
$200,000 to $299,999	16.63%	16.59%
$300,000 to $399,999	5.29%	8.21%
$400,000 to $499,999	2.26%	4.53%
$500,000 to $749,999	2.44%	4.75%
$1,000,000 or more	0.68%	1.86%
HOUSING UNITS BY YEAR STRUCTURE BUILT
1999 to October 2005	13.43%	10.15%
1995 to 1998	8.27%	6.69%
1990 to 1994	9.36%	6.70%
1980 to 1989	20.38%	14.75%
1970 to 1979	15.98%	17.11%
1960 to 1969	11.07%	12.78%
1950 to 1959	12.21%	11.64%
1940 to 1949	4.71%	6.64%
1939 or Earlier	4.60%	13.55%

Health

There are 235 physicians per capita in Orlando, FL. The US average is 170.

Orlando, FL Health Index

Air quality in Orlando, FL is 12 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA.

Water quality in Orlando, FL is 60 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators.

Superfund index is 20 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts.

Health	Orlando, FL	United States
Air Quality (100=best)	12	48
Water Quality (100=best)	60	55
Superfund Sites (100=best)	20	71
Physicians per Cap.	234.8	169.7

Climate

Orlando, FL, gets 52 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 122.

On average, there are 233 sunny days per year in Orlando, FL. The July high is around 93 degrees. The January low is 49. Our comfort index, which is based on humidity during the hot months, is a 27 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Climate	Orlando, FL	United States
Rainfall (in.)	52.4	36.6
Snowfall (in.)	0	25.2
Precipitation Days	122	101
Sunny Days	233	205
Avg. July High	92.6	86.5
Avg. Jan. Low	49.2	20.8
Comfort Index (higher=better)	27	44
UV Index	6.1	4.3
Elevation ft.	112	1,062

 

Education

Orlando, FL, schools spend $5,311 per student. There are 17 pupils per teacher, 1,450 students per librarian, and 499 children per counselor in Orlando, FL schools.

Education	Orlando, FL	United States
School Expend.	$5,311	$6,058
Pupil/Teacher Ratio	17	15.9
Students per Librarian	1450	907
Students per Counselor	499	546
2 yr College Grad.	8.36%	8.22%
4 yr College Grad.	19.93%	15.16%
Graduate Degrees	8.30%	7.16%
High School Grads.	82.48%	79.62%

Transportation

The average one-way commute in Orlando, FL, takes 27 minutes. 80% of commuters drive their own car alone. 11% carpool with others. 4% take mass transit and 2% work from home.

Transportation	Orlando, FL	United States
Commute Time	27.4	27.4
COMMUTE MODE
Auto (alone)	79.66%	71.32%
Carpool	11.24%	14.52%
Mass Transit	4.08%	2.00%
Work at Home	2.12%	5.46%
COMMUTE TIME TO WORK
Commute Less Than 15 min.	21.43%	28.89%
Commute 15 to 29 min.	43.97%	36.08%
Commute 30 to 44 min.	23.70%	19.35%
Commute 45 to 59 min.	5.83%	7.57%
Commute greater than 60 min.	5.07%	8.12%

Cost of Living

Our cost of living indices are based on a US average of 100. An amount below 100 means Orlando, FL is cheaper than the US average. A cost of living index above 100 means Orlando, FL is more expensive.

Overall, Orlando, FL cost of living is 94.00.

Costofliving	Orlando, FL	United States
Overall	94	100
Food	100	100
Utilities	102	100
Miscellaneous	99	100

Religion

40.25% of the people in Orlando, FL are religious, meaning they affiliate with a religion. 13.25% are Catholic; 20.55% are Protestant; 0.63% are LDS; 4.31% are another Christian faith; 1.23% in Orlando, FL are Jewish; 0.04% are an eastern faith; 0.24% affilite with Islam.

Religion	Orlando, FL	United States
Percent Religious	40.25%	50.03%
Catholic	13.25%	21.92%
Protestant	20.55%	19.12%
LDS	0.63%	1.57%
Baptist	8.66%	8.16%
Episcipalian	0.99%	8.12%
Pentacostal	4.32%	1.89%
Lutheran	1.14%	2.81%
Methodist	3.36%	3.84%
Presbyterian	2.07%	1.33%
Other Christian	4.31%	4.66%
Jewish	1.23%	2.16%
Eastern	0.04%	0.05%
Islam	0.24%	0.54%

Voting

49.83% of the people in Orlando, FL are registered as Democrats. 49.62% are registered Republican. Remaining are independent: 0.55%.

Voting	Orlando, FL	United States
Democrat	49.828%	48.590%
Republican	49.618%	51.070%
Independent Other	0.000%	0.066%
Independent Liberal	0.341%	0.475%
Independent Conservative	0.213%	0.447%

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If you are wanting to sell your Seminole County or Orlando area home in the next 6 to12 months, now is the time to begin putting your plan into place, while time is still on your side. Please contact us for any real estate assistance you may need.

We're experts at putting people together with homes they love and can afford. Contact us today for information on Orlando and Seminole County real estate, Orlando & Seminole County homes for sale, Orlando & Seminole County relocation information, a free market analysis of your Orlando area or Seminole County home or statistics on homes in Orlando & Seminole County Florida or the surrounding Central Florida area, including Seminole County, Orange County, Lake County and Volusia County. We're always available to answer your questions.

 

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