Kissimmee, Florida
Osceola County Real Estate - Kissimmee
Kissimmee boomed in the 1880s. The city was an important regional steamship port, owing that status to its location on Lake Tohopekaliga. The expansion of the railroads eliminated the need for Kissimmee's steamship industry, forcing the city to rely on agriculture and cattle ranching until Walt Disney World opened in 1971.
Today, Kissimmee's economy is focused on tourism, education, and construction. The city has around 60,000 residents, over half of which identify as Hispanic or Latino/a. Kissimmee's proximity to Orlando and the Walt Disney World Resort make it a popular destination for tourists. The city hosts Johnson University Florida (formerly Johnson Bible College) and a campus of Valencia College.
Kissimmee is in East Central Florida. It's population as recorded in the 2010 Census was 59,682.
The median age for residents of Kissimmee is 33.5. Around 40.8% of Kissimmee households include school aged children and 20.8% of households include individuals aged 65 years or over. Census records indicate 66% of the Kissimmee population are White, 12.3% are Black or African American, .5% American Indian, 3.3% Asian and 4.6% are Two or more Races. Kissimmee has a significant Hispanic population. 58.9% (35,170) of Kissimmee residents are of Hispanic or Latino origin. Of these 6.68% are of Mexican origin, 56.09% Puerto Rican, 4.33% Cuban and 32.88% are of other Hispanic or Latino origin.
There are 26,275 housing units in Kissimmee. 5,549 (21.1%) of these were reported as vacant in the 2010 Census. Kissimmee is a tourist destination, 31.9% (1,774) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 13,323 residential rental units in Kissimmee. 11,249 of them were occupied in 2010 providing a residential rental vacancy rate of 14.9%.
Kissimmee links:
Kissimmee is located in Osceola County. It has a population of approximately 59,682 people. The population increased 6.2% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 7.0% for Osceola County and a 1.7% increase for the country as a whole. Kissimmee occupies 21.19 of the 1327.45 square miles in Osceola County. It had a population density of 2816 persons per square mile in 2010. This compared to 202.4 for the county, 350.6 for Florida and 87.4 for the country.
20.2% ( 26,275) of the 129,830 housing units in Osceola County are in Kissimmee (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Kissimmee has a 44.6% homeownership rate compared to Osceola County's 64.8% homeownership rate and Florida's rate of 69.0%.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
Osceola County | 268,685 | $7,448 | 7.0% | $46,479 | 129,830 | $170,200 |
Kissimmee | 59,682 | $1,295 | 6.2% | $38,158 | 26,275 | $151,300 |
Kissimmee's medium household income in 2011 was $38,158. Osceola County's medium household income was $46,479, which is lower than the medium income for Florida as a whole: $47,827. 19.6% of the population in Kissimmee lives below the poverty line, compared to 14.7% in Florida, 13.9% of the population in Osceola County and 14.3% nationwide. Additional Information:
Kissimmee Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Kissimmee. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $1,295 million, Kissimmee's economic activity represents 17.38% of Osceola County's $7,448MM in economic activity. Osceola County represents 1.18% of the Florida economy.
Activity | Value (Millions) | Percentage |
---|---|---|
Manufacturers shipments | $0 | 0.0% |
Merchant wholesaler sales | $0 | 0.0% |
Retail sales | $1,003 | 77.5% |
Accommodation and food services sales | $292 | 22.5% |
Total | $1,295 | 100% |
Osceola County Regional Comparisons
City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Kissimmee | 59,682 | $1,295 | 6.2% | $38,158 | 26,275 | $151,300 |
Kissimmee | 59,682 | $1,295 | 6.2% | $38,158 | 26,275 | $151,300 |
Osceola County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Osceola County represents 7.0% of the region's economy.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Brevard County | 543,376 | $16,070 | 0.7% | $50,068 | 270,512 | $171,200 |
Osceola County | 268,685 | $7,448 | 7.0% | $46,479 | 129,830 | $170,200 |
Orange County | 1,145,956 | $53,843 | 4.9% | $49,731 | 492,209 | $211,100 |
Seminole County | 422,718 | $12,124 | 1.9% | $58,908 | 182,625 | $225,500 |
Lake County | 297,052 | $5,430 | 2.1% | $47,509 | 145,303 | $167,900 |
Volusia County | 494,593 | $10,951 | 0.5% | $44,169 | 254,981 | $172,100 |
Sumter County | 93,420 | $1,120 | 8.8% | $44,817 | 55,988 | $186,800 |
Total | 3,369,551 | $106,985 | 3.7% | $48,812 | 1,531,448 | $186,400 |
Kissimmee Real Estate
There are 166,127 properties in Kissimmee. The following table shows a summary of them based on 2014 sales data.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Agricultural | 595 | 0.36 | 1 | $2,237,300 | $1,172 | June 1st, 2014 | June 1st, 2014 |
Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Government Property | 1,580 | 0.95 | 4 | $58,050 | $38 | January 1st, 2014 | February 1st, 2014 |
Health Care | 13 | 0.01 | 0 | n/a | n/a | n/a | n/a |
Hotel & Motel | 4,382 | 2.64 | 463 | $199,500 | $614 | January 1st, 2014 | September 1st, 2014 |
Industrial | 507 | 0.31 | 11 | $800,000 | $68 | January 1st, 2014 | August 1st, 2014 |
Miscellaneous Property | 107 | 0.06 | 0 | n/a | n/a | n/a | n/a |
Mobile/Manufactured | 4,327 | 2.60 | 99 | $45,600 | $36 | January 1st, 2014 | September 1st, 2014 |
Multifamily | 1,281 | 0.77 | 25 | $111,000 | $43 | January 1st, 2014 | September 1st, 2014 |
Office | 1,490 | 0.90 | 73 | $1,050,000 | $1,483 | February 1st, 2014 | August 1st, 2014 |
Residential | 149,025 | 89.71 | 3,884 | $136,850 | $73 | January 1st, 2014 | September 1st, 2014 |
Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Retail | 2,188 | 1.32 | 49 | $541,300 | $95 | January 1st, 2014 | August 1st, 2014 |
Senior Housing | 27 | 0.02 | 0 | n/a | n/a | n/a | n/a |
Special Purpose | 450 | 0.27 | 6 | $419,750 | $60 | March 1st, 2014 | July 1st, 2014 |
Sports & Entertaining | 155 | 0.09 | 3 | $2,225,000 | $117 | April 1st, 2014 | August 1st, 2014 |
Agricultural Real Estate in Kissimmee, Florida
595( .36%) of the properties in Kissimmee are classified as Agricultural. 1 of them sold between June 1st, 2014 and June 1st, 2014. The total value of these sales was $2,237,300. The median sales price was $2,237,300. In 2014 the median sales price for Agricultural in Kissimmee was $1,172 per sq ft.
Commercial Real Estate in Kissimmee, Florida
0( .00%) of the properties in Kissimmee are classified as Commercial.
Government Real Estate in Kissimmee, Florida
1,580( .95%) of the properties in Kissimmee are classified as Government. 4 of them sold between January 1st, 2014 and February 1st, 2014. The total value of these sales was $242,400. The median sales price was $58,050. In 2014 the median sales price for Government Property in Kissimmee was $38 per sq ft.
Health Care Real Estate in Kissimmee, Florida
13( .01%) of the properties in Kissimmee are classified as Health Care.
Hotel & Motel Real Estate in Kissimmee, Florida
4,382( 2.64%) of the properties in Kissimmee are classified as Hotel & Motel. 463 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $589,885,800. The median sales price was $199,500. In 2014 the median sales price for A Class Hotel & Motel in Kissimmee was $8,400 per sq ft, B Class properties sold for $614/ft and C Class $30/ft.
Industrial Real Estate in Kissimmee, Florida
507( .31%) of the properties in Kissimmee are classified as Industrial. 11 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $29,075,800. The median sales price was $800,000. In 2014 the median sales price for Industrial in Kissimmee was $68 per sq ft.
Miscellaneous Real Estate in Kissimmee, Florida
107( .06%) of the properties in Kissimmee are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Kissimmee, Florida
4,327( 2.60%) of the properties in Kissimmee are classified as Mobile/Manufactured. 99 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $5,234,864. The median sales price was $45,600. In 2014 the median sales price for A Class Mobile/Manufactured in Kissimmee was $55 per sq ft, B Class properties sold for $36/ft and C Class $19/ft.
Multifamily Real Estate in Kissimmee, Florida
1,281( .77%) of the properties in Kissimmee are classified as Multifamily. 25 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $4,150,600. The median sales price was $111,000. In 2014 the median sales price for A Class Multifamily in Kissimmee was $64 per sq ft, B Class properties sold for $43/ft and C Class $28/ft.
Office Real Estate in Kissimmee, Florida
1,490( .90%) of the properties in Kissimmee are classified as Office. 73 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $93,092,000. The median sales price was $1,050,000. In 2014 the median sales price for A Class Office in Kissimmee was $2,292 per sq ft, B Class properties sold for $1,483/ft and C Class $115/ft.
Residential Real Estate in Kissimmee, Florida
149,025( 89.71%) of the properties in Kissimmee are classified as Residential. 3,884 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $641,289,903. The median sales price was $136,850. In 2014 the median sales price for A Class Residential in Kissimmee was $124 per sq ft, B Class properties sold for $73/ft and C Class $47/ft.
Residential Real Estate in Kissimmee, Florida
0( .00%) of the properties in Kissimmee are classified as Residential.
Retail Real Estate in Kissimmee, Florida
2,188( 1.32%) of the properties in Kissimmee are classified as Retail. 49 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $404,766,000. The median sales price was $541,300. In 2014 the median sales price for A Class Retail in Kissimmee was $345 per sq ft, B Class properties sold for $95/ft and C Class $50/ft.
Senior Housing Real Estate in Kissimmee, Florida
27( .02%) of the properties in Kissimmee are classified as Senior Housing.
Special Purpose Real Estate in Kissimmee, Florida
450( .27%) of the properties in Kissimmee are classified as Special Purpose. 6 of them sold between March 1st, 2014 and July 1st, 2014. The total value of these sales was $10,934,000. The median sales price was $419,750. In 2014 the median sales price for Special Purpose in Kissimmee was $60 per sq ft.
Sports & Entertaining Real Estate in Kissimmee, Florida
155( .09%) of the properties in Kissimmee are classified as Sports & Entertaining. 3 of them sold between April 1st, 2014 and August 1st, 2014. The total value of these sales was $10,950,000. The median sales price was $2,225,000. In 2014 the median sales price for Sports & Entertaining in Kissimmee was $117 per sq ft.
Kissimmee, Osceola County Market Data
Property Usage | Property Count | Total Sq Ft |
---|---|---|
Agricultural | 562 | 365,537 |
Government Property | 1,600 | 16,131,482 |
Health Care | 12 | 3,009,238 |
Hotel & Motel | 3,986 | 27,945,772 |
Industrial | 498 | 16,455,026 |
Land | 22,546 | 424,341 |
Miscellaneous Property | 91 | 494,359 |
Mobile/Manufactured | 4,191 | 5,365,539 |
Multifamily | 1,289 | 24,566,514 |
Office | 1,493 | 8,085,849 |
Residential | 151,950 | 304,114,323 |
Retail | 2,133 | 24,092,353 |
Senior Housing | 27 | 1,672,598 |
Special Purpose | 446 | 4,298,540 |
Sports & Entertaining | 146 | 2,022,910 |
Copyright © Visulate ® LLC 2007, 2021. Privacy Policy, Terms and Conditions.