20 Best Places to Live in Florida

In This Article:

This article will take a look at the 20 Best Places to live in Florida. You may skip the details and read 5 Best Places to live in Florida.

Choosing where to live is one of the most significant decisions individuals and families make, and for those considering Florida as their destination, the options are plentiful. With its diverse landscapes, vibrant cities, and unique communities, it offers many opportunities for residents seeking an exceptional quality of life. Florida has long been a magnet for individuals seeking warm weather, beautiful beaches, and a relaxed lifestyle. However, beyond its natural beauty, it boasts a thriving economy and a wide range of opportunities across various industries.

The economic landscape of Florida is robust and diverse, with key industries driving growth and innovation across the state. According to data from the Florida Chamber of Commerce, Florida's GDP reached $1.44 trillion in 2023, making it the fourth-largest economy in the United States. This impressive economic output is fueled by a mix of sectors, including tourism, aerospace, agriculture, healthcare, and technology.

Tourism plays a significant role in Florida's economy, with the state welcoming millions of visitors each year to its world-renowned attractions such as Walt Disney World Resort, Universal Orlando Resort, and the beaches of Miami and Fort Lauderdale. In 2019, tourism generated over $96.5 billion in economic impact, supporting millions of jobs and businesses statewide.

In 2022, The Walt Disney Co (NYSE:DIS)’s World Resort alone welcomed over 58 million visitors to its theme parks, hotels, and entertainment venues. Whereas, Universal Orlando Resort recorded over 22 million visitors in 2023, contributing significantly to the state's tourism revenue. The presence of The Walt Disney Co (NYSE:DIS) and Universal Orlando Resort has a ripple effect on Florida's economy, supporting numerous businesses in sectors such as hospitality, dining, retail, transportation, and entertainment. According to a study by the University of Central Florida's Rosen College of Hospitality Management, The Walt Disney Co (NYSE:DIS) World Resort's economic impact on Florida exceeded $20 billion in 2019.

Aerospace is another key industry in Florida, with the state serving as a major hub for space exploration and commercial aviation. Cape Canaveral Spaceport, home to NASA's Kennedy Space Center and numerous private aerospace companies, contributes significantly to Florida's economy through research, manufacturing, and space tourism initiatives. For example, SpaceX, founded by Elon Musk, operates a major rocket launch facility at Cape Canaveral Spaceport in Florida.