Daytona Beach Real Estate Market Overview
Public School Ranking:
Location and Weather
Daytona is a beach city located on the Atlantic coast, in Volusia County. This city’s warm and temperate climate makes it easy to take advantage of the 23 miles’ worth of white-sand beaches located here. Along with beach-front recreation and real estate opportunities for potential new residents, this city hosts events such as Daytona 500 and Bike Week, bringing in regular tourism.
While there is a fair amount of rainfall in Daytona, the average temperatures during the winter and summer are slightly cooler than most Floridian cities.
Population, Job Market and Cost of Living
The population in Daytona Beach is 70,617, with a growth rate of 0.68% annually. The job market has increased by 2.0% over the last year. In ten years, job growth is predicted to be 43.3%. Located here is NASCAR headquarters, which is one of the biggest employers of this city. Other big employers are Brown & Brown, American National Services and International Speedway. Due to tourism, one of the largest industries is retail and hospitality. Education, management and construction are also profitable industries in this city.
Even with all the events, out-door recreation, history and culture Daytona has to offer – its cost of living is lower than Florida’s average. It’s also a less expensive city in terms of home value, since a large part of the beachside real estate isn’t oceanfront.