Moving to Orlando, FL

Thinking about moving to Orlando?

You’ll be in good company. Between 2010 and 2016, more than 38,873 people have moved to Orlando, an increase of 16.3%. New residents are attracted to Orlando’s excellent weather, affordable housing. booming economy, and of course, the theme parks.

Living

Orlando is home to 277,173 Orlandoans. With an area of 102.4 square miles, Orlando has a population density of 2,707 persons per square mile, which makes it less dense than many other cities of comparable size.

The Orlando-Kissimmee-Sanford, FL Metropolitan Statistical Area boasts a population of 2,441,257 people, of which Orlando proper’s population makes up 11%.

Housing

One of Orlando’s greatest strengths is its relatively affordable housing market. The median home value in Orlando is $168,700, -16% below the US median value, according to Zillow. The median price per square foot in Orlando is $121. Over the past 5 years, home values in Orlando have increased by 12%.

Renters in Orlando will also have an easy time finding affordable housing. The median rent in Orlando is $1,299 per month, which is 9% lower than the US median. Over the past year, rental rates in Orlando have increased by 1.7%.

Economy

Orlando’s economy is on fire. The Orlando metro area’s GDP grew by 26% between 2011 and 2016, from $100.6 billion in 2011 to $126.7 billion in 2016, a total increase of $26.1 billion. The metro area has a per capita GDP of $51,939. According to the US Census Bureau, the median household income in Orlando is $48,768, 17% lower than the national median. Orlando’s unemployment rate is 3.9%.

Weather

The average annual temperature in Orlando is 73.35 degrees. The average annual low temperature is 64.3 degrees, while the average annual high is 82.4 degrees. Orlando’s hottest month is July, during which the average high temperature is 92 degrees, while the coldest month is January, when the average low drops down to 50 degrees.

Orlando sees an average rainfall of 53.19 inches per year. June is the wettest month, with an average rainfall of 8.74 inches, while November is the dryest month, with an average rainfall of 2.4 inches.

Crime

Orlando does have some problems with violent crime, with a violent crime rate of 941 incidents per 100,000 persons according to the FBI, a higher rate than average. Property crime rates in Orlando are relatively high, with a rate of 6,016 incidents per 100,000 persons, a higher rate than average.

Traffic & Transportation

Ask anyone who lives in Orlando what the city’s biggest problems are and traffic will almost certainly be one of them. According to a survey conducted by INRIX, the average commuter in Orlando spends 31.7 hours in traffic each year, with about 7% of their time commuting in a traffic jam, a higher portion than average among US cities.

Walk Score gives Orlando a 41 walk score, a 33 transit score, and a 53 bike score.

Cost of Living

Orlando is a relatively affordable place to live with a low cost of living. According to the Bureau of Economic Analysis‘s Regional Price Parity survey, which takes into account cost of living metrics including the price of goods and services and housing, Orlando has a regional price parity of 106.6, -2.6% below the average for US metro areas.

Demographics

The median age in Orlando is 36.3 years. 49.% of the population in the Orlando metro area is male, while 51.% is female. 16.2% of the metro population is foreign born.

In terms of racial demographics, Orlando is 38% Non-Hispanic White, 33% Hispanic, 23% Black, and 3% Asian.

90% of those over the age of 25 in Orlando have a high school diploma, a higher rate than nationally. 35.5% of those over the age of 25 have a bachelor’s degree, which is higher than the national rate. 10.5% of residents have an advanced or professional degree.

In the 2016 presidential election, 35% of Orlando voters voted for the Republican nominee, while 60% voted for the Democratic nominee.

Plan Your Move to Orlando With SpareFoot

Planning a move to Orlando? SpareFoot can help. Use SpareFoot to find special deals and discounts on Orlando Moving Truck Rentals. If you need a storage unit as part of your move, SpareFoot makes it easy to find storage units in Orlando too.