Orlando, FL

Why Orlando?

Orlando is a city in the U.S. state of Florida and the county seat of Orange County. Located in Central Florida, it is the center of the Orlando metropolitan area, which had a population of 2,387,138, according to U.S. Census Bureau figures released in March 2016, making it the 24th-largest metropolitan area in the United States, the sixth-largest metropolitan area in the Southern United States, and the third-largest metropolitan area in Florida. As of 2015, Orlando had an estimated city-proper population of 270,934, making it the 73rd-largest city in the United States, the fourth-largest city in Florida, and the state’s largest inland city.

The City of Orlando is nicknamed “The City Beautiful,” and its symbol is the fountain at Lake Eola. Orlando is also known as “The Theme Park Capital of the World” and in 2014 its tourist attractions and events drew more than 62 million visitors. The Orlando International Airport (MCO) is the thirteenth-busiest airport in the United States and the 29th-busiest in the world. Buddy Dyer is Orlando’s mayor.

As one of the world’s most visited tourist destinations, Orlando’s famous attractions form the backbone of its tourism industry: Walt Disney World, located approximately 21 miles (34 km) southwest of Downtown Orlando in Bay Lake, opened by the Walt Disney Company in 1971; the Universal Orlando Resort, opened in 1999 as a major expansion of Universal Studios Florida; SeaWorld; Gatorland; and Wet ‘n Wild. With the exception of Walt Disney World, most major attractions are located along International Drive. The city is also one of the busiest American cities for conferences and conventions; the Orange County Convention Center is the second-largest convention facility in the United States.

Fast Facts

  • Orlando is a major industrial and hi-tech center. The metro area has a $13.4 billion technology industry employing 53,000 people; and is a nationally recognized cluster of innovation in digital media, agricultural technology, aviation, aerospace, and software design.
  • More than 150 international companies, representing approximately 20 countries, have facilities in Metro Orlando.
  • Orlando has the 7th-largest research park in the country, Central Florida Research Park, with over 1,025 acres (4.15 km2). It is home to over 120 companies, employs more than 8,500 people, and is the hub of the nation’s military simulation and training programs.
  • As of August 2013, the area’s jobless rate was 6.6 percent.
  • The median dipped below $100,000 in 2010 before stabilizing around $110,000 in 2011. As of April 2012, the median home price is $116,000.
  • One of the main driving forces in Orlando’s economy is its tourism industry and the city is one of the leading tourism destinations in the world.
  • Over 59 million visitors came to the Orlando region in 2013, spending over $33 billion.
  • Orlando is the center of the 19th-largest media market in the United States according to Nielsen Media Research as of the 2010–11 TV season.

Metro Profile

24th

MSA Population Ranking: 2,387,138

stats from en.wikipedia.org

$41,871

Median Household Income

stats from en.wikipedia.org

3.22%

Average Annual Appreciation Rate

stats from www.neighborhoodscout.com

Properties in Orlando

Find Us

18765 SW Boones Ferry Rd.
Suite 325
Tualatin OR 97062

P: 503-217-2444
T: 855-290-2444
F: 503-655-3318
E: invest@northpeakinvest.com

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