Orlando, FL LOCAL ECONOMY
Prospective residents with an interest in business and employment opportunities will find Orlando to have alternatives in numerous industries. Tourism is the number one industry in the Orlando area with the Walt Disney Co. as the largest employer. However, industry in the area spans the spectrum with other area employers including the Florida Hospital, SunTrust, Bank of America, Lockheed Martin and Universal Orlando leading the pack. With such a diverse range of industries and employers represented in the local economy, Orlando area residents enjoy a median household income around $52,000 per year.
Although the number one industry in the Greater Orlando Metropolitan area is the leisure and hospitality industry, the area is also a member of the 23 county Florida High Tech Corridor (FHTC). This includes Orange County and the Orlando area. The FHTC was established in order to grow the high tech industry in the 23 member counties in conjunction with three university systems including the University of Central Florida.
In April of 2013, there were 1116 residential homes sold in Orlando at an average price of $133250, with the
highest priced home selling for $4745000 and the lowest priced selling for $3000.
There are many wonderful homes in this area, but you need a local market expert to help you. Watson Realty Corp is a locally owned
company with over 40 years experience selling homes in the area. Call the Watson experts at 800-257-5143.