Florida, also known as the "Sunshine State," is the twenty-second largest state by area, with a population of 21,299,325 (U.S. Census Bureau, July 1, 2019). Before the arrival of the first Europeans, more than 100 Native American tribes, including the Apalachee and Seminoles, were inhabitants of Florida. It was not until the arrival of the famous Spanish conquistador, Juan Ponce de Leon, that let to former European settlements and colonial rule by Spain, France, and Great Britain. Florida became a U. S. territory in 1821 after the signing of the Adams-Onis Treaty. Today, Florida has become one of the top tourist destinations with its fantastic theme parks, space launches, and sunny beaches.
Florida's economy has a GDP of $1 trillion (Bureau of Economic Analysis, July 1, 2018), which is driven by tourism, agriculture, international trade, aerospace & aviation, and life sciences industries. Many of the leading Fortune 500 companies have their headquarters in Florida, including Publix, Carnival Cruise Line, and Fidelity National Financial, to name a few.
The most recognized cities in Florida are Miami, Orlando, and Jacksonville.
Miami is located on the southern tip of Florida and has a population of 443,007. Miami is home to Vizcaya Museum & Gardens, Miami Seaquarium, and Bayside Marketplace. Over the last ten years, Miami's housing market has appreciated by 71.25%. When compared to the rest of the nation, Miami's housing prices are significantly higher, with the median home price of $271,200 and a median rent of $1,056.
Orlando resides in east-central Florida and has a population of 269,414. Orlando is home to Walt Disney World Resort, Universal Orlando Resort, and SeaWorld Orlando. Over the last ten years, Orlando's housing market has appreciated by 29.42%. When compared to the rest of the country, Orlando's housing prices are slightly higher, with the median home price of $196,900 and a median rent of $1,091.
Jacksonville can found on the northern Atlantic coast of Florida and has a population of 867,313. Jacksonville is home to Amelia Island, Jacksonville Zoo & Gardens, and Kathryn Abbey Hanna Park. Over the last ten years, Jacksonville's housing market has appreciated by 18.02%. When compared to the rest of the nation, Jacksonville's housing prices are slightly lower, with the median home price of $150,200 and a median rent of $984.