Orlando s population is 2.5M, with a total workforce of 1.3M. The labor market grew by 45,700 jobs over the past year, up by 3.6%. The median household income in Orlando is $57,695, 4.7% higher than last year and 6.0% below the national average of $61,372. In the housing market, total permits issued totaled 27,907 over the last twelve months, up 31.2% year-over-year. Orlando has 424 active new home projects on the market, 6.2% fewer than the 452 from last year. The average list price in the market is $337,555, 1.5% lower than last year and 11.5% above the national average. Over the last three months, new home contracts decreased by 20.3% to 3,172. Kissimmee and Orlando had the highest concentration of the new home contracts in the Orlando market.