Orlando, FL Community Information

Orlando, FL Homes for Sale

Orlando Metro and Neighborhood Information

Located in Central Florida, Orlando is the theme park capital of the world and host to an estimated 52 million tourists each year. Tourism is booming here in the home of vacationer magnets Walt Disney World Resort and Universal Studios Orlando Resort. To accommodate millions of tourists, Orlando is second only to Las Vegas in the quantity of hotel rooms in the nation. Orlando is also Florida's largest inland city with a 2004 estimated population of 205,648. It is only 50 miles from the Atlantic Ocean, 75 miles from the Gulf of Mexico and houses more than 100 lakes.

Orlando's beginnings can be traced back to the early 1800s, during a tumultuous chapter in the city's history. Early settlers and the indigenous Seminole Tribe were locked in a heated battle for the land that would become Orlando. By the end of the second war in 1842, the soldiers had prevailed and land-seeking settlers followed them through the uncharted territory. The first signs of a settlement emerged around an Army fort named Fort Gaitlin, built on present day Lake Eola Park. Legend has it that "Orlando" was the name of a brave soldier who was shot with an arrow as he warned the people of an impending raid. The settlement eventually grew into a city, following periodic building and population booms that expanded city lines to encompass nearly 110 square miles. Today, the city is home to a thriving commercial center as well as the Orlando Predators and the Orlando Magic sports franchises. And when Walt Disney World Resort opened in 1971, Orlando ushered in a legacy of entertainment and hospitality that's been hard to resist ever since. Disney World offers 47 square miles of four different theme parks, two water parks and six world-class golf courses. Tourists of all ages come here to feel like a kid again, socializing with cast members from Disney fairytales, while enjoying adventurous rides. Although this Mickey Mouse crowd-puller is arguably Orlando's main attraction, it lies outside the city in Lake Buena Vista and Bay Lake. Nevertheless, its success has paved the way for Universal Studios Resort, which touts itself as the "grown up" alternative to Disney World. Universal Studios is also outside of Orlando, about 12 miles west of the city. Since its opening in 1990, Universal Orlando Resort has grown to include two adjacent theme parks, a nighttime entertainment center and on-site lodging. Universal Studios Theme Park allows visitors to "ride the movies," placing them inside the very scenes of some of their favorite films. The combined tourist appeal of both amusement park resorts has helped Orlando become the 4th most desired destination for overseas visitors.

Even though the city is known mostly as a tourist spot, Central Florida's real estate market is also drawing people in with its stability. The PMI Mortgage Insurance Company's most recent market-risk-index projections for Orlando reflected a 16 percent chance of a decline in Orlando home prices by 2008. Compared to the overall average of 28.7 percent, Orlando's chances of decline are still below the national average. With single family homes comprising almost 90 percent of housing sales, the U.S. Census Bureau reported that the median resale price rose to almost $270,000, up 20 percent from 2005. Orlando town homes, condominiums and apartments are also in demand, and many offer competitive pricing in the low $200,000s. Another unique feature in Orlando real estate is the influx of planned neighborhoods focused on providing residents with the "city inside a city" feel. Avalon Park, located in southeast Orange County, is one such community. With quiet streets and rows of trees lining its edges, this 1,860-acre neighborhood also sits near acres of marsh, manmade lakes and highlands, providing an ideal landscape. Four-story Avalon Park flats are available for rent at $880 for a one bedroom unit and upwards of $1500 for a three bedroom unit. Avalon Park custom homes in the neo-traditional style range from $160,000 to $1 million. Three miles north of Orlando is Baldwin Park, another planned community built on an old Air Force Base with 25 entry and exit points diffusing traffic in an out of this neighborhood. Architectural styles range from revival features such as symmetrical porticos and intricate eaves to the Florida vernacular style featuring wide verandas and roof overhangs to better cope with Florida heat. These Baldwin Park homes start at $190,000. With views of the skyline and a host of entertainment and dining venues at your disposal, the conveniences of urban living are hard to ignore. Home buyers wishing to work, live and play in close proximity opt for the sophisticated lifestyle of downtown living. Downtown Orlando condominium sales are also rocketing, and the median sales price for existing condos is just $166,000. So become a part of the magic of this city and start your Orlando real estate search today!

Sources:
http://en.wikipedia.org/wiki/Orlando%2C_Florida
http://uk.holidaysguide.yahoo.com/p-travelguide-216948-orlando_history-i
http://www.lonelyplanet.com/worldguide/destinations/north-america/usa/orlando
http://www.destinationsnetwork.com/destinations/orlando.htm
http://www.orlandosentinel.com/news/custom/growth/orl-homerisk1406apr14,0,2945989.story?coll=orl-home-headlines
http://www.homegain.com/local_real_estate/FL/orlando.html?entryid=2811
http://en.wikipedia.org/wiki/Walt_Disney_World
http://www.universalorlando.com/prs_morethemepark.html
http://www.orlando.world-guides.com/orlando_landmarks.html
http://www.avalonpark.com/community.asp
http://orlando.condocompany.com/Downtown-Orlando/
http://media.living.net/releases/April2006_sales.htm
http://www.baldwinparkfl.com/web/community.asp

Orlando, FL Community Information

Population

859,503

Median Age

32.4

Median Household Income

$54,941

Households with Children

49.21%

Median Travel Time to Work

28 minutes

Orlando, FL Real Estate Market Information

Homes Owned

56.67%

Homes Rented

37.94%

Homes Vacant

5.39%

Orlando, FL School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 859,503
  • Total Male Population 429,867
  • Total Female Population 429,636
  • Population change since 2000 850.06%
  • Median age 32.4
  • Percent of households with children 49.21%
  • Personal Crime risk 128

Transportation

  • Median travel time to work 28 minutes
  • Percent using Public transportation 2.65%
  • Percent Driving/Using Carpool 91.51
  • Percent Using Other transportation 2.87%
  • Percent Working From Home 2.96%

Education Levels

  • Some high school 14.26%
  • High school graduate 26.63%
  • Some college 21.22%
  • Associate degree 9.90%
  • Bachelor's degree 19.89%
  • Graduate degree 8.10%

Occupation

  • Agriculture, forestry, and fishing 0.26%
  • Construction 6.95%
  • Manufacturing 5.30%
  • Wholesale Trade 2.92%
  • Retail Trade 10.14%
  • Finance, insurance and real estate 7.41%
  • Services 4.93%
  • Public administration 3.51%
  • Information 3.61%
  • Professional 12.16%
  • Education 15.31%
  • Arts 21.23%

Income

  • Average household income $67,654
  • Income change since 2000 21.77%

Climate

  • Avg. January high/low temp 71.26 / 48.79
  • Avg. July high/low temp 91.49 / 72.25
  • Annual precipitation 51.10

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