ORLANDO

Orlando is a city in the U.S. state of Florida and is the county seat of Orange County. In Central Florida, it is the center of the Orlando metropolitan area, which had a population of 2,509,831, according to U.S. Census Bureau figures released in July 2017, making it the 23rd-largest metropolitan area in the United States, the sixth-largest metropolitan area in the Southern United States, and the third-largest metropolitan area in Florida behind Miami and Tampa. Orlando had a population of 307,573 in the 2020 census, making it the 67th-largest city in the United States, the fourth-largest city in Florida, and the state's largest inland city.

The City of Orlando is nicknamed "the City Beautiful", and its symbol is the Linton E. Allen Memorial Fountain, commonly referred to as simply the "Lake Eola fountain" at Lake Eola Park. The Orlando International Airport (MCO) is the 13th-busiest airport in the United States and the 29th-busiest in the world.

Orlando is one of the most-visited cities in the world primarily due to tourism, major events, and convention traffic; in 2018, the city drew more than 75 million visitors. The two largest and most internationally renowned tourist attractions in the Orlando area are the Walt Disney World Resort, opened by the Walt Disney Company in 1971, and located about 21 miles (34 km) southwest of downtown Orlando in Bay Lake, and the Universal Orlando Resort, opened in 1990 as a major expansion of Universal Studios Florida and the only theme park inside Orlando city limits.

With the exception of the theme parks, most major cultural sites like the Orlando Museum of Art and Dr. Phillips Center for the Performing Arts and world-renowned nightlife, bars and clubs are located in Downtown Orlando while most attractions are located along International Drive like the Wheel at ICON Park Orlando. The city is also one of the busiest American cities for conferences and conventions; the Orange County Convention Center is the second-largest convention facility in the United States.

Like other major cities in the Sun Belt, Orlando grew rapidly from the 1970s into the first decade of the 21st century. Orlando is home to the University of Central Florida, which is the largest university campus in the United States in terms of enrollment as of 2015. In 2010, Orlando was listed as a "Gamma +" level global city by the Globalization and World Cities Research Network.

Orlando is in Orange County. Orange County is located in the central portion of the U.S. state of Florida. As of the 2010 census, the population was 1,145,956, making it Florida's fifth most populous county. The county seat is Orlando. Orange County is the central county of the Orlando-Kissimmee-Sanford, Florida Metropolitan Statistical Area.

DEMOGRAPHICS

POPULATION (County): 307,573 (1,429,908)

Hispanic or Latino of any race: 32.6.% (32.7%)
White (non-Hispanic): 36.5% (39.4%)
Black (non-Hispanic): 24.5% (22.8%)
Asian: 4.2% (5.7%)

As of 2010, there were 121,254 households, out of which 15.4% were vacant. As of 2000, 24.5% of households had children under the age of 18 living with them, 32.4% were married couples living together, 15.4% had a female householder with no husband present, and 47.6% were non-families. 35.0% of all households were made up of individuals, and 8.5% had someone living alone who was 65 years of age or older. The average household size was 2.25 and the average family size was 2.97.

In 2014, the city's population was spread out, with 12.0% under the age of 18, 5.7% from 18 to 24, 27.3% from 25 to 44, 18.6% from 45 to 64, and 36.3% who were 65 years of age or older. The median age was 33 years. For every 100 females, there were 95.3 males. For every 100 females age 18 and over, there were 91.3 males.

Orlando not only has the largest population of Puerto Ricans in Florida, but is also home to the fastest growing Puerto Rican community in the country. Between 1980 and 2010, the Hispanic population increased from 4.1 to 25.4%. Orlando also has a large and growing Caribbean population, with a large West Indian community (particularly Bahamians, Cubans, Dominicans, Jamaicans, Guyanese people - those of shared Indian and African descent - and Trinidadian and Tobagonian populations) and an established Haitian community. Orlando has an active Jewish community.

Orlando has a large LGBT population and is recognized as one of the most accepting and tolerant cities in the Southeast. As of 2015, around 4.1% of Orlando's population identify as LGBT, making Orlando the city with the 20th-highest percentage of LGBT residents in the country. The city is host to Gay Days every June (including at nearby Walt Disney World), holds a huge Pride festival every October, and is home to Florida's first openly gay City Commissioner, Patty Sheehan.

Orlando is the hub city of the Orlando-Kissimmee, Florida, Metropolitan Statistical Area, colloquially known as "Greater Orlando" or "Metro Orlando". The area encompasses four counties (Orange, Osceola, Seminole and Lake), and is the 26th-largest metro area in the United States with a 2010 Census-estimated population of 2,134,411.

In 2000, the population of Orlando's urban area was 1,157,431, making it the third-largest in Florida and the 35th-largest in the United States. As of 2009, the estimated urban area population of Orlando is 1,377,342.

When Combined Statistical Areas were instituted in 2000, Orlando was initially joined together with The Villages, Florida, Micropolitan Statistical Area, to form the Orlando-The Villages, Florida, Combined Statistical Area. In 2006, the metropolitan areas of Deltona (Volusia County) and Palm Coast (Flagler County) were added to create the Orlando-Deltona-Daytona Beach, Florida, Combined Statistical Area. This new larger CSA has a total population (as of 2007) of 2,693,552, and includes three of the 25 fastest-growing counties in the nation—Flagler ranks 1st; Osceola, 17th; and Lake, 23rd.

HOUSING UNITS: 556,896

OWNER-OCCUPIED HOUSING UNIT RATE: 55.4%

MEDIAN VALUE OF HOUSING UNIT: $294,400

MEDIAN GROSS RENT: $1,215

HOUSING

ECONOMY

Orlando has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 51.0%, which is higher than the US average of 33.5%.

Tax Rates for Orlando

The Sales Tax Rate for Orlando is 6.5%. The US average is 7.3%.

The Income Tax Rate for Orlando is 0.0%. The US average is 4.6%.

Tax Rates can have big impact when Comparing Cost of Living.

Income and Salaries for Orlando

The average income of a Orlando resident is $25,664 a year. The US average is $28,555 a year.

The Median household income of a Orlando resident is $41,901 a year. The US average is $53,482 a year.

Orlando is a major industrial and hi-tech center. The metro area has a $13.4 billion technology industry employing 53,000 people; and is a nationally recognized cluster of innovation in digital media, agricultural technology, aviation, aerospace, and software design. More than 150 international companies, representing approximately 20 countries, have facilities in Metro Orlando.

Orlando has the 7th-largest research park in the country, Central Florida Research Park, with over 1,025 acres (4.15 km2). It is home to over 120 companies, employs more than 8,500 people, and is the hub of the nation's military simulation and training programs. Near the end of each year, the Orange County Convention Center hosts the world's largest modeling and simulation conference: Interservice/Industry Training, Simulation and Education Conference (I/ITSEC). Metro Orlando is home to the simulation procurement commands for the U.S. Army, Navy, Air Force, Marines and Coast Guard.

Lockheed Martin has a large manufacturing facility for missile systems, aeronautical craft and related high-tech research. Other notable engineering firms have offices or labs in Metro Orlando: KDF, General Dynamics, Harris, Mitsubishi Power Systems, Siemens, Veritas/Symantec, multiple United States Air Forcefacilities, Naval Air Warfare Center Training Systems Division, Delta Connection Academy, Embry–Riddle Aeronautical University, General Electric, Air Force Agency for Modeling and Simulation, U.S. Army Program Executive Office for Simulation, Training, and Instrumentation (PEO STRI), United States Army Research, Development and Engineering Command, United States Army Simulation and Training Technology Center, AT&T, Boeing, CAE Systems Flight and Simulation Training, Hewlett-Packard, Institute for Simulation and Training, National Center for Simulation, Northrop Grumman and Raytheon. The Naval Training Center until a few years ago was one of the two places where nuclear engineers were trained for the United States Navy. Now the land has been converted into the Baldwin Park development. Numerous office complexes for large corporations have popped up along the Interstate 4 corridor north of Orlando, especially in Maitland, Lake Mary and Heathrow.

Orlando is close enough to Patrick Space Force Base, Cape Canaveral Space Force Station, and Kennedy Space Center for residents to commute to work from the city's suburbs. It also allows easy access to Port Canaveral, a cruise ship terminal.

Orlando is the home base of Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, and the largest operator of restaurants in the world by revenue. In September 2009 it moved to a new headquarters and central distribution facility.

Former Darden Restaurants subsidiary Red Lobster is based in Downtown Orlando.

Film, television, and entertainment

Another important sector is the film, television, and electronic gaming industries, aided by the presence of Universal Studios, Disney's Hollywood Studios, Full Sail University, UCF College of Arts and Humanities, the Florida Interactive Entertainment Academy, and other entertainment companies and schools. The U.S. modeling, simulation, and training (MS&T) industry is centered on the Orlando region as well, with a particularly strong presence in the Central Florida Research Park adjacent to University of Central Florida (UCF). Nearby Maitland is the home of Tiburon, a division of the video game company Electronic Arts. Tiburon Entertainment was acquired by EA in 1998 after years of partnership, particularly in the Madden NFL series and NCAA Football series of video games. Nearby Full Sail University, located in Winter Park, draws new-media students in the areas of video game design, film, show production, and computer animation, among others, its graduates spawning several start-ups in these fields in the Orlando area. The headquarters of Ripley Entertainment Inc. are also located in Orlando.

Healthcare

Orlando has two non-profit hospital systems: Orlando Health and AdventHealth. Orlando Health's Orlando Regional Medical Center is home to Central Florida's only Level I trauma center, and Winnie Palmer Hospital for Women and Babies and AdventHealth Orlando have the area's only Level III neonatal intensive care units. Orlando's medical leadership was further advanced with the completion of University of Central Florida's College of Medicine, a new VA Hospital and the new Nemours Children's Hospital, which is located in a new medical district in the Lake Nona area of the city.

Housing and employment

Historically, the unemployment rate in Greater Orlando was low, which resulted in growth that led to urban sprawl in the surrounding area and, in combination with the United States housing bubble, to a large increase in home prices. Metro Orlando's unemployment rate in June 2010 was 11.1 percent, was 11.4 percent in April 2010, and was about 10 percent in about the same time of year in 2009. As of August 2013, the area's jobless rate was 6.6 percent. Housing prices in Greater Orlando went up 37.08% in one year, from a median of $182,300 in November 2004 to $249,900 in November 2005, and eventually peaked at $264,436 in July 2007. From there, with the economic meltdown, prices plummeted, with the median falling below $200,000 in September 2008, at one point falling at an annual rate of 39.27%. The median dipped below $100,000 in 2010 before stabilizing around $110,000 in 2011. As of April 2012, the median home price is $116,000.

Tourism

One of the main driving forces in Orlando's economy is its tourism industry and the city is one of the leading tourism destinations in the world. Nicknamed the 'Theme Park Capital of the World', the Orlando area is home to Walt Disney World, Universal Orlando, SeaWorld Orlando, Legoland, and Fun Spot America Theme Parks. A record 75 million visitors came to the Orlando region in 2018, making it the top tourist destination in the United States.

The Orlando area features 7 of the 10 most visited theme parks in North America (5 of the top 10 in the world), as well as the 4 most visited water parks in the U.S. The Walt Disney World resort is the area's largest attraction with its many facets such as the Magic Kingdom, Epcot, Disney's Hollywood Studios, Disney's Animal Kingdom, Typhoon Lagoon, Blizzard Beach, and Disney Springs. Universal Orlando, like Walt Disney World, is a multi-faceted resort comprising Universal Studios Florida, Islands of Adventure, Volcano Bay, and Universal CityWalk. SeaWorld Orlando is a large park that features numerous zoological displays and marine animals alongside an amusement park with roller coasters like Mako, Manta, and Kraken. The property also comprises more than one park, alongside Aquatica water park and Discovery Cove. Fun Spot Orlando and Kissimmee are more typical amusement parks with big thrills in a small space with roller coasters like White Lightning and Freedom Flyer in Orlando and Mine Blower and Rockstar Coaster in Kissimmee. Orlando is also home to I-Drive 360 on International Drive home to The Wheel at ICON Park Orlando, Madame Tussauds, and Sealife Aquarium. Orlando attractions also appeal to many locals who want to enjoy themselves close to home.

The convention industry is also critical to the region's economy. The Orange County Convention Center, expanded in 2004 to over two million square feet (200,000 m2) of exhibition space, is now the second-largest convention complex in terms of space in the United States, trailing only McCormick Place in Chicago. The city vies with Chicago and Las Vegas for hosting the most convention attendees in the United States.

Golf

Numerous golf courses can be found in the city, with the most famous being Bay Hill Club and Lodge, home to the Arnold Palmer Invitational.