Orlando Stats

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Category: Housing (page 1 of 2)

Why Owning a Home is Less Common in Orlando

Fewer and fewer Americans have been buying homes over the last decade. Today, just 63.0% of Americans own their homes, the smallest share since 1965. In the Orlando-Kissimmee-Sanford metro area, 59.6% of residents own their homes, lower than the national homeownership rate and the fourth lowest of any metro area in Florida. Young Americans are […]

Poverty Rate in Orlando Similar to National Level

An estimated 15.0% of residents in the Orlando-Kissimmee-Sanford metro area live below the poverty line, roughly similar to the national poverty rate of 14.7% and a smaller share than the state’s poverty rate of 15.7%. Orlando has the 12th lowest poverty rate of any Florida metro area. A high school education can mean the difference […]

Why Quality of Life is Lower in Florida

Americans often evaluate their home states according to such subjective conditions as climate preference, the presence of friends and family, and personal history. In addition to these subjective measures, more objective socioeconomic factors also contribute to life satisfaction. It is such quantitative measures that can help assess the broader quality of life in a given […]

Orlando No More Crowded Than the Average City

There are 2,775 people per square mile in the Orlando-Kissimmee-Sanford metro area, lower than the national population density of 6,321 Americans per square mile across all U.S. metro areas. Orlando also has the third highest population density of any Florida metro area. Population density can have a meaningful impact on home prices in an area. […]

Why Orlando is One of the Less Expensive Housing Markets

A typical home in the Orlando-Kissimmee-Sanford, Florida metro area costs $176,100, less than the national median home value of $194,500. The median home value in Orlando is roughly the same as in Florida as a whole, where the typical home is worth $179,800. Orlando’s median home value is also the seventh highest of any metro […]

Florida Has a Vaccination Rate Higher Than Most States

Despite longstanding recommendations to vaccinate, preventable infectious diseases are still a major cause of disability and death in the United States. The current immunization schedule saves 33,000 lives, prevents 14 million cases of disease, and saves tens of billions of dollars in health care costs a year. While progress has been achieved, still an estimated […]

Orlando is Among the Bottom 20% of Cities in Homeownership

Home purchases in the United States have rebounded since the the recession that began in late 2007. The residential real estate market is a major pillar of the economy and returning interest in home buying is a healthy sign of economic activity. Over the last decade, however, the homeownership rate has steadily declined — from […]

Orlando is the 14th Fastest Growing Housing Market

The U.S. housing sector is gradually returning to pre-crisis levels. Home prices rose for four consecutive years to a median of $222,400 at the end of 2015, the highest since 2007. Prices rose further in the second quarter — by 4.9% from the same time a year ago. With increased home values as well as […]

Orlando is the 14th Fastest Growing Housing Market

The U.S. housing sector is gradually returning to pre-crisis levels. Home prices rose for four consecutive years to a median of $222,400 at the end of 2015, the highest since 2007. Prices rose further in the second quarter — by 4.9% from the same time a year ago. With increased home values as well as […]

Orlando is Among the Housing Markets With the Longest Recovery

Location, location, location, it is said, are key to succeeding in real estate. While the value of a single family home nationally may — at the current pace — be about 2.5 years away from a full recovery, in some large urban areas it might take more than 10 years for homes to recover their […]

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