As one of the top teams in the East Orlando area, Brown Home Group specializes in the 32828 zip code! Rick Brown, the team leader and owner, has lived in the area for quite some time and know’s all of the intricate details everyone desires to know. Today, we would like to shine a light on the most attractive and unattractive aspects of the highly sought after neighborhoods of Avalon and Waterford Lakes in 32828. Using the two categories of Entertainment and Economy, we will break down the good and bad of each component to Orlando’s astonishing growth! With Orlando being in the top 10 fastest growing economies in North America, it’s safe to say that plays a huge factor in the mass appeal to live in East Orlando.
Let us start by highlighting one of the most interesting aspects of the Waterford Lakes/Avalon area. Considering Orlando is known for it’s attractions, Universal Studios and Disney World, you can imagine all of the entertainment available to the public within walking distance. Not only do Disney and Universal have their own empires that bring millions of people per year to Central Florida, but there are hundreds, if not thousands of businesses, attractions, and amenities to choose from if you’re not sure of what to do. There’s almost an endless supply of fun and entertaining things to do here. These activities can range from art shows, to beer festivals, to sporting events, and even big time concerts. Orlando is always live with some type of alluring event.
This is all fun and games until you hit Florida traffic. It is great to have so many options to choose from, but the amount of events and attractions Orlando maintains definitely increases population size and tourism. Some people don’t mind it, but for many of the Central Florida homeowners, the increase in tourism and population can be a nightmare!!
This “entertainment” category also includes outdoor activities. Florida is known for maintaining great weather year, which allows it’s residents to enjoy the outdoors 365 days a year. Things like fishing, visiting the various beaches, water sports, and more are all some of the popular recreations around the state. Specifically in East Orlando, we have boat shows, wake boarding contests, and other events of the sort. Although, with the year round summer weather, you will also experience non-stop heat waves, thunderstorms, and possible hurricanes.
Orlando’s economy is currently among the best in the U.S. As the job market in 32828 alone has increased over 3.5%! This is more than double the job increase throughout the entire US at 1.6%. The median household income is also significantly higher than the US average at just over $67k annually, and are still lower in average sales tax rates.
With that, real estate appreciation has rose at an average of 7.6% in the last ten years. This is quite a promising statistic for those who are seeking to buy a home in the East Orlando area. With a median cost of around $293k, it is one of the more expensive markets to live in. This brings us to the point of cost of living. Cost of living in 32828 is higher than the national and state average at an index of 112.3. Housing, healthcare, and transportation are the biggest contributors to such a high index.
One of the most important parts of our economy here in Orlando is the school system. In 32828 specifically, we have some of the best schools in the state. Most, if not all are A rated schools, one of which being Timber Creek High School. The Brown Home Group has had many integrations with TCHS and we continue to support everything they do for the community. In fact, this school seems to be one of the main reasons parents will move their children to Waterford Lakes/Avalon! 32828 has a higher HS graduation and College Graduation percentage than both Orlando and the state of Florida as a whole! So if you’re looking for the best schools in Orlando to put your kids into, the 32828 zip code is your spot!
At the end of the day, you have to go where is best for you and your family. 32828 is a bit more of an expensive neighborhood to be in compared to other places in Central Florida. But the little bit extra you pay in housing and transportation, is made up for by the entertainment, job growth, school system, weather, and more! We hope this was helpful for any of you looking to relocate to the 32828 zip code and we look forward to helping you buy your next home!!
Brown Home Group At Keller Williams Advantage II Realty