Economy
|
Volusia County $16 Billion |
Volusia County $271 Million |
Employed Workforce 243,303 |
2021 New Commercial $335 Million |
2021 New Residential $1.33 Billion |
Export Trend | Employment Trend | Commercial Building Permits | Residential Building Permits
Gross Domestic Product
Volusia County's strong GDP of $16.5 billion is ranked 14th out of 67 counties in Florida.
Exports
The Deltona-Daytona-Ormond MSA is ranked 10th out of 22 MSAs in Florida for exports after previously ranking 11th. The top exports consist of Computer & Electronic Products, Transportation Equipment, Electrical Equipment and Machinery making up 60% of the products exported.
Employment
Volusia County employment dropped 6% due to the COVID pandemic and has since recovered by 5.5%.
Commercial Building Activity
For the 12 months ending December 2021, an average of $27.9 million per month in new ground up commercial building permits have been issued.
Residential Building Activity & Housing
Residential Permit Trends | Volusia County Home Value Estimates | Residential Foreclosures
For the 12 months ending December 2021, an average of 364 new residential building permits have been issued per month.
Residential Building Permit Trend
Residential building permit activity has increased steadily every year since 2012 with the average value of homes constructed in 2021 at $305,807 whereas values were $188,611 at the height of activity in 2005.
Single Family Typical Home Value
2021 Value was - $206,273
