Orange County, Florida

Orange County

Orange County is part of the East Central Florida region along with Brevard, Volusia, Sumter, Seminole, Lake, and Osceola Counties. With a population over 1.1 million, Orange is the fifth most populous county in Florida. Incorporated municipalities include Apopka, Bay Lake, Belle Isle, Edgewood, Lake Buena Vista, Maitland, Ocoee, Orlando, Winter Garden, Winter Park, Eatonville, Oakland, and Windermere.

Orlando is Orange County's largest city and is home to many of the country's most popular theme parks, making tourism the county's primary industry. Other main industries for Orange County are life sciences & health care resources; modeling, simulation & training resources; optics & photonics resources; and clean technology. Orange County's largest private sector employers are Walt Disney World, Adventist Health Systems, Universal Orlando, Orlando Health, and Busch Entertainment Corp. Top public sector employers are Orange County Public Schools, Greater Orlando Aviation Authority, Orange County Government, and The University of Central Florida.

For many in the United States and across the world, Orlando is synonymous with the Walt Disney World Resort. Indeed, Disney produced a study indicating that the resort and businesses associated with it were responsible for an $18 billion economic impact, 2.5% of the GDP of the state of Florida. The Greater Orlando area also hosts the Universal Orlando theme parks, each of which features a Harry Potter-themed section. In addition, numerous tourist attractions exist, mostly catering to a family audience, such as miniature golf courses, arcades, and amusement parks.

Greater Orlando has a business side, too. Orange County is also home to the University of Central Florida, which is the second largest public university in the country at approximately 60,000 students. UCF has a partnership with the Central Florida Research Park, the seventh-largest research park in the country, located next close to the university. Orlando is an important city for the military, including pilot training with its varied flight simulators and production facilities. Madden NFL Football, the most popular video game franchise in the country, is created in Orlando by Electronic Arts.

As its name implies, rural Orange County is a center of citrus production. Much of the land is given over to orange groves. Apopka hosts a Minute Maid juice flavoring plant.

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My name is Sue Goldthorp. I am a real estate broker and co-founder of Visulate. Drop me a line if you would like me to help you buy or sell a property in Orange County Florida.

Orange County Florida Cities

There are 15 cities in Orange County Florida. These are listed below. Click on a link for details.

Apopka, Christmas, Clarcona, Gotha, Killarney, Maitland, Oakland, Ocoee, Orlando, Plymouth, Tangerine, Windermere, Winter Garden, Winter Park, Zellwood,

Orange County has a population of approximately 1,202,234 people. The population increased 4.9% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida and a 1.7% increase for the country as a whole. Orange County is 903.43 square miles and had a population density of 1268.5 Persons per square mile in 2010. This compared to 350.6 for Florida and 87.4 for the country.

There are 492,209 housing units in Orange County (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.) Orange County has a 59.6% homeownership rate compared to Florida's rate of 69.0%. Orange County's medium household income in 2011 was $49,731, which is higher than the medium income for Florida as a whole: $47,827.

Regional Economic Indicators
RegionPopulation
2012
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 19,317,568 $630,738 2.7% $47,827 9,026,965 $188,600
Orange County 1,202,234 $53,843 4.9% $49,731 492,209 $211,100

14.9% of the population in Orange County lives below the poverty line, compared to 14.7% in Florida and 14.3% nationwide. Additional Information:

Orange County Economic Activity

The U.S. Bureau of the Census, Economic , 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Orange County. 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 $53,843 million, Orange County's economic activity represents 8.54% of the Florida economy.

Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $10,922 20.3%
Merchant wholesaler sales $17,081 31.7%
Retail sales $19,196 35.7%
Accommodation and food services sales $6,645 12.3%
Total $53,843100%

Orange County Regional Comparisons

Orange County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Orange County represents 50.3% of the region's economy.

Regional Economic Indicators
RegionPopulation
2012
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Brevard County 547,307 $16,070 0.7% $50,068 270,512 $171,200
Osceola County 287,416 $7,448 7.0% $46,479 129,830 $170,200
Orange County 1,202,234 $53,843 4.9% $49,731 492,209 $211,100
Seminole County 430,838 $12,124 1.9% $58,908 182,625 $225,500
Lake County 303,186 $5,430 2.1% $47,509 145,303 $167,900
Volusia County 496,950 $10,951 0.5% $44,169 254,981 $172,100
Sumter County 101,620 $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

Orange Real Estate

There are 414,500 properties in Orange County. The following table shows a summary of them based on 2013 sales data.

Orange County Real Estate Sales Summary
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Commercial Property 0 0.00 867 $220,000 $142January 1st, 2013September 1st, 2013
Government Property 8,038 1.94 33 $130,000 $80January 1st, 2013August 1st, 2013
Miscellaneous Property 719 0.17 2 $375,000 $678April 1st, 2013May 1st, 2013
Residential 368,994 89.02 28 $248,450 $95January 1st, 2013August 1st, 2013
Residential Property 0 0.00 17,209 $124,000 $79January 1st, 2013September 1st, 2013

Commercial Real Estate in Orange County, Florida

0( .00%) of the properties in Orange County are classified as Commercial. 867 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $4,253,511,550. The median sales price was $220,000. In 2013 the median sales price for A Class Commercial Property in Orange County was $1,052 per sq ft, B Class properties sold for $142/ft and C Class $40/ft.

Government Real Estate in Orange County, Florida

8,038( 1.94%) of the properties in Orange County are classified as Government. 33 of them sold between January 1st, 2013 and August 1st, 2013. The total value of these sales was $5,415,200. The median sales price was $130,000. In 2013 the median sales price for A Class Government Property in Orange County was $95 per sq ft, B Class properties sold for $80/ft and C Class $63/ft.

Miscellaneous Real Estate in Orange County, Florida

719( .17%) of the properties in Orange County are classified as Miscellaneous. 2 of them sold between April 1st, 2013 and May 1st, 2013. The total value of these sales was $750,000. The median sales price was $375,000. In 2013 the median sales price for Miscellaneous Property in Orange County was $678 per sq ft.

Residential Real Estate in Orange County, Florida

368,994( 89.02%) of the properties in Orange County are classified as Residential. 28 of them sold between January 1st, 2013 and August 1st, 2013. The total value of these sales was $6,890,600. The median sales price was $248,450. In 2013 the median sales price for A Class Residential in Orange County was $127 per sq ft, B Class properties sold for $95/ft and C Class $64/ft.

Residential Real Estate in Orange County, Florida

0( .00%) of the properties in Orange County are classified as Residential. 17,209 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $16,149,477,372. The median sales price was $124,000. In 2013 the median sales price for A Class Residential Property in Orange County was $142 per sq ft, B Class properties sold for $79/ft and C Class $36/ft.

Additional Details:

Orange Market Data

Orange Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 1,704 1,839,164
Government Property 8,527 88,770,875
Health Care 7 354,633
Hotel & Motel 4,553 74,731,652
Industrial 3,788 121,515,418
Land 38,074 19,697,764
Miscellaneous Property 346 1,222,874
Mobile/Manufactured 4,697 6,076,113
Multifamily 5,115 128,205,767
Office 6,293 67,965,997
Residential 392,006 754,806,202
Retail 7,382 90,425,275
Senior Housing 147 6,290,573
Special Purpose 1,135 19,934,109
Sports & Entertaining 345 19,503,498