Orlando’s Population Boom
- By Acquisition Consultants
- September 21, 2018
Orlando is adding 1,000 new residents a week. In fact, the larger seven-county region has been adding that many people a week for the last 60 years. Pause for a second and do the math. People aren’t just looking to visit Orlando’s world class attractions, they’re putting down roots and taking advantage of all the region has to offer. This may come as no surprise to those who see the construction and investment boom currently happening in Orlando. What might be surprising, however, is just how significant this growth is compared to other major metros across America, as well as how Orlando’s demographics differ from other Florida cities. Turns out, Orlando is in a category all its own when it comes to growth and in-migration; the dynamics of which are explored below.
From 2016 to 2017, the four-county region that makes up the Orlando Metropolitan Statistical Area (MSA) – Lake, Orange, Osceola and Seminole County – grew by 2.3 percent to reach a population of just above 2.5 million people. That is more than double the rate of growth of the United States, and the fastest growth rate of the 30 largest cities in America. For comparison, two of the other fastest growing cities in America, Atlanta and Denver, grew at 1.5 percent and 1.3 percent respectively.