Summer 2024 FCIAAO Newsletter

SPOTLIGHT

OSCEOLA COUNTY

Tour i sm remains a cornerstone of Osceola County ' s economy . Home to popular dest inat ions l i ke Ki ss immee and prox imi ty to Wal t Di sney Wor ld Resor t , the county at t racts mi l l ions of v i s i tors annual ly . Thi s inf lux of tour i sts suppor ts a v ibrant hospi tal i ty indust ry , including hotel s , restaurants , and enter tainment venues , creat ing numerous bus iness oppor tuni t ies . Educat ion and research are cr i t ical components of Osceola County ' s economic landscape. The county i s home to several higher educat ion inst i tut ions , including Valencia Col lege and the Uni vers i ty of Cent ral F lor ida' s Osceola campus . The emergence of NeoCi ty , a 500-acre technology di st r ict , fur ther underscores the county ' s commi tment to innovat ion and research. NeoCi ty focuses on advancing semiconductor technology , at t ract ing tech companies , star tups , and research inst i tut ions . The county ' s real estate market i s thr i v ing, wi th a range of opt ions for bus inesses look ing to establ i sh a presence. From commercial of f ice spaces and indust r ial parks to retai l centers , Osceola County of fers di verse real estate oppor tuni t ies . Inf rast ructure development i s al so a pr ior i ty , wi th ongoing investments in t ranspor tat ion, ut i l i t ies , and technology inf rast ructure ensur ing that the county can suppor t i ts growing bus iness communi ty . Osceola County , F lor ida, i s a v ibrant and rapidly growing region wi th a di verse economy and a high qual i ty of l i fe. I ts st rategic locat ion, st rong tour i sm indust ry , robust heal thcare sector , and commi tment to educat ion and innovat ion make i t an at t ract i ve dest inat ion for res idents and bus inesses al i ke.

Osceola County , located in the hear t of Cent ral F lor ida, i s known for i ts r ich hi story , di verse cul ture, and rapid growth. Establ i shed in 1887 , the county has evol ved into a dynamic region wi th a st rong economy , v ibrant communi t ies , and numerous at t ract ions . Osceola County i s named for the Seminole leader , Osceola, whose name means "Black Dr ink Cr ier . ” Son of Br i t i sh t rader , Wi l l iam Powel l and hi s Creek wi fe, Pol ly Copinger , Osceola led several smal l but successful raids against the U. S . Army . Osceola County spans approx imately 1 ,506 square mi les , mak ing i t one of the larger count ies in F lor ida. I t i s bordered by Orange, Pol k , Brevard, and Indian Ri ver count ies . The county seat i s Ki ss immee, a ci ty known for i ts charming downtown area and prox imi ty to major at t ract ions . As of the 2020 Census , Osceola County had a populat ion of approx imately 388,656 res idents . The county ' s populat ion has been growing steadi ly , ref lect ing i ts appeal as a des i rable place to l i ve and work . The demographic makeup i s di verse, wi th a s igni f icant Hi spanic communi ty , account ing for over 55% of the populat ion. Over the past decade, Osceola County has exper ienced s igni f icant economic growth. The county ' s proact i ve economic development ini t iat i ves have fostered a bus iness-f r iendly env i ronment , corporat ions to set up shop. Key sectors dr i v ing thi s growth include tour i sm, heal thcare, educat ion, and technology . encouraging both local ent repreneurs and large

BY THE NUMBERS REAL PROPERTY PARCELS

200,242

TANGIBLE ACCOUNTS

27,930

TOTAL JUST VALUE

$74.1 BILLION

TOTAL TAXABLE VALUE

$46.4 BILLION

TAXABLE VALUE PER PARCEL

$203,152

EMPLOYEES

63

*2023 Roll

KATRINA S. SCARBOROUGH PROPERTY APPRAISER

1 1

STAYING APPRA I SED

SUMMER 2024