Is Orlando Florida A Good Place To Live?

Definition of "Is Orlando Florida a good place to live?"

When we hear about Florida we think of beautiful beaches, good year-round weather, amusement parks, and top restaurants. Florida’s vibrant scene and diverse culture captivates many tourists who now find it to be the best state in the country. Also, known as the “Sunshine State” because it has a lot of sunny days throughout the year, this might be just enough for many people to relocate here if they get tired of long cold winters.

The city of Orlando, located in the heart of Florida, is definitely one of those touristy locations for the attractions featured in this city. Orlando is the county seat of Orange County holding a population of about 300,000 people. The city of Orlando is part of the 23rd-largest metropolitan area, making it one of the principal cities in the Orlando metropolitan area.

Even though the city of Orlando attracts an impressive number of tourists every year, you may wonder what it is like to live here? Is Orlando, Florida a good place to live?

What are the costs of living in Orlando, Florida?

In terms of the cost of living, Orlando Florida holds a very good spot on the list of affordable cities in the USA. The city of Orlando is known for having an overall cost of living just about 3% lower than the national average.

The median household income according to the 2017 U.S. Census data was around $51,000. Although the salary earned by the average Orlando resident is lower than the national average, given the fact that there is no state income tax, it would be more than enough to live well in Orlando.

According to Paysacale.com, the highest expense in terms of cost of living are the utilities. On the other hand, according to bestplaces.net transportation is at the top of the expense list with prices that are 10% higher than the national average.

The housing market on the other hand, according to major listing sites, is cheaper than the national average. The median home price is around $250,000 in Orlando and the prices tend to go up. The housing market in Orlando is a seller's market so there are on average more buyers on the market than homes listed for sale.

The competitive real estate market in the area might make it hard for some to get in but with proper help from our top real estate agents in Orlando FL, you can easily get your foot in the door. If you are already a homeowner and decided it is time to sell your home, you probably have a lot of questions on how you can sell your home in Orlando. Our agents can help you in that regard too.

Are there any good schools in Orlando, Florida?

Orlando is home to the University of Central Florida, which is one of the largest universities in the USA in terms of enrollment. Also, the public school district named Orange County public schools is located in downtown Orlando. It is centered in Ronald Blocker Educational Leadership Institution and with more than 200,000 students enrolled it is one of the largest school districts in Florida.

What attractions can I find in Orlando, Florida?

With more than 75 million tourists visiting Orlando, FL in 2018, the city holds some unique attractions for tourists as well as residents. Orlando holds two internationally renowned touristic attractions, which are the main reasons people come to the area. The Walt Disney World and the Universal Orlando are two entertainment complexes that are known worldwide for offering a variety of means of entertainment. This complex holds themed parks, water parks, themed resort hotels, golf courses, camping resorts, and many others. Orlando offers you the perfect way to spend the weekend with your kids.

Aside from that, water activities are common in Orlando and nature lovers will find the city of Orlando very appealing in that regard. There will be many attractive places and things to do for adults in Orlando as well. Grab your family and friends for one of the most adventurous vacations you ever had.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

Any of several types of legal joinders whereby one or more parties unites with or joins other parties in a legal action or proceeding even though the party may not be a direct part of the ...

Specific portion of a larger land tract. A parcel can also be a lot in a property subdivision. ...

Founded in1934 and located in Chicago, IL with a 1993 membership of 8,300, the IAAO seeks to ameliorate assessment standards as well as to perform ongoing property assessment research. The ...

A bond, also known as a completion bond, given by a contractor and issued by an insurance company to guarantee the completion of contracted work. Public authorities often require a ...

Same as term closing: legal process of transferring a piece of real estate to a buyer. Typically it occurs in the office of the lender, attorney, or an escrow company. ...

Housing where affirmative action is actively pursued encouraging people of all races, nationalities, and religions to purchase or rent the facilities. ...

An equity-to-value ratio is an excellent tool for those homebuyers that want to understand how profitable an investment is based on the amount of money invested and the actual value of the ...

A four-unit building with four tenants in a condominium type of ownership and management. ...

A relationship with a person, thing, or item that is the foundation of an insurance policy. One having an insurable interest has a financial stake in preserving the insured person or ...