Why Orlando Research Report

ORLANDO - YOU DON’T KNOW THE HALF OF IT

LABOR POOL & TALENT

BUSINESS ENVIRONMENT

AFFORDABILITY & HOUSING

WORK/LIFE BALANCE

• #3 market for in migration • 35 higher education institutions • 550,000 students in a 100 mile radius • 550 people move here each week

• Diversified economy • Cost-friendly location for business • Business friendly regulatory environment

• Cost of living half of larger gateway markets • Median home price 17% below national average • No state income tax • Low corporate tax rate

• Theme parks & attractions • Arts & cultural events • Professional sports teams

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2020 CENTRAL FLORIDA TOTAL POPULATION 2.6 MILLION

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POPULATION GROWTH 8.3% 5-YEAR 2018-23

AVERAGE INCOME $81,600

LABOR FORCE 1.5 MILLION

RENTER OCCUPIED HOUSING 39%

BACHELOR OR HIGHER 29%

POPULATION AGE 20-34 22%

Why Orlando Report | 3Q21

Cushman & Wakefield | 1