Economic Development
Economic Development

Quality of Life

 

At first glance, the Daytona Beach area is a typical Central Florida east coast community with a barrier island, wide white sandy beaches, and an inland town and residential area.What individualizes the quality of life in Daytona Beach –– woven within the motorsports, a beach you can still drive on, and the Daytona International Speedway is a rich diversity of arts, culture, and heritage.

Summer temperatures, while reaching 90 degrees and above during late morning and early afternoon hours, tend to drop into the 80’s later in the day because of the sea breezes and frequent afternoon showers. Winters are mild with just the right amount of cold-air. Long periods of rain and cloudiness are rare. While hurricanes have been known to occur –– because of Daytona’s latitude, they are rarely considered to be much of a threat.

Once a major benefit to the area –– the cost of living, home values in particular, have seen a dramatic increase. Even with its recently adjusted average median home price of $86,700 and an average appreciation last year of 12.30%, the area continues to be comparatively more affordable than the majority of Florida locations. In fact, compared to the rest of the country –– the cost of living in Daytona Beach is 15% lower than the national average, and unemployment is a mere 6.10%.