Volusia County, Florida: commercial real estate data.
Volusia County, Florida had an estimated 602,772 residents on July 1, 2024, up 8.9 percent since the 2020 census base of 553,544, across 1,101 square miles. County output reached $29.51 bn in 2024, 14,367 establishments operate here, and the SBA record carries 558 7(a) approvals worth $360.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Volusia County
How many people live in Volusia County
- Population, American Community Survey 2020-2024579,622
- Households241,881
- Average household size2.40
- Median household income$70,044
- Median age46.5
- Median gross rent$1,467 per month
- Median owner-occupied home value$313,000
- Home value to household income4.5 times
- Annual rent as a share of median income25.1 percent
- Adults 25 and over with a bachelor degree or higher28.4 percent
- Adults 25 and over with a graduate degree10.0 percent
- Adults 25 and over432,641
- Population under 18100,824
- Share under 1817.4 percent
- Population 65 and over147,134
- Share 65 and over25.4 percent
- Working age population, 18 to 64331,664
- Civilian labor force267,867
- Unemployment rate4.1 percent
- Labor force participation, adults 18 and over55.9 percent
- Rank by population among Florida counties12th of 67
- Rank by population among US county-equivalents, Puerto Rico included118th of 3,222
Volusia County is the 12th largest of 67 Florida counties by population. A median home costs 4.5 times median household income, which is seriously unaffordable by national standards. Residents 65 and over outnumber those under 18, at 25.4 percent against 17.4 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Volusia County
Is Volusia County's population growing?
- Population, July 1, 2024602,772
- Census 2020 base population553,544
- Population change since the 2020 census base8.89 percent
- Population change, 2023 to 202410,150
- Births, 20244,971
- Deaths, 20247,914
- Natural change, 2024-2,943
- Net domestic migration, 20249,724
- Net international migration, 20243,369
- Total net migration, 202413,093
- Cumulative net domestic migration, 2021 to 202451,980
- Rank by growth among US county-equivalents189th of 3,144
The county has grown 8.89 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Volusia County
Where are people moving to Volusia County from?
- Tax returns filed by households arriving21,533
- People arriving, from those returns36,971
- Tax returns filed by households leaving14,622
- Net household movement6,911
- Adjusted gross income arriving$1.68 bn
- Net adjusted gross income movement$782.6 m
- Average income of an arriving household$77,964
- Average income of a leaving household$61,294
- Largest single originSeminole County (2,921 households)
- Largest single destinationSeminole County (1,572 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Seminole County | 2,921 | 5,220 | $191.7 m |
| Orange County | 2,010 | 3,494 | $153.9 m |
| Flagler County | 813 | 1,365 | $44.4 m |
| Lake County | 481 | 886 | $34.5 m |
| Brevard County | 434 | 694 | $31.0 m |
| Broward County | 409 | 687 | $40.6 m |
| Duval County | 343 | 505 | $22.1 m |
| Miami-Dade County | 332 | 564 | $19.4 m |
Households arriving report $16,670 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Seminole County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Volusia County
What is the Volusia County economy?
- County GDP, 2024$29.51 bn
- County GDP, 2023$27.94 bn
- GDP change, 2023 to 20245.6 percent
- GDP change over five years44.3 percent
- Rank by GDP among the Florida areas BEA publishes14th of 67
- Rank by GDP among the US county areas BEA publishes197th of 3,127
- GDP per resident$50,914
Output grew 5.6 percent in the latest year and 44.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Volusia County
Employment by industry in Volusia County
- Covered employment, annual average189,265
- Establishments reporting16,756
- Average annual pay$54,114
- Average weekly wage$1,041
- Health care and social assistance, employment33,374
- Health care and social assistance, average annual pay$66,482
- Retail trade, employment28,108
- Retail trade, average annual pay$37,135
- Accommodation and food services, employment24,704
- Accommodation and food services, average annual pay$27,160
- Construction, employment12,574
- Construction, average annual pay$59,622
- Manufacturing, employment11,730
- Administrative and support and waste management services, employment9,298
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 33,374 | 1,761 | $66,482 |
| Retail trade | 28,108 | 2,088 | $37,135 |
| Accommodation and food services | 24,704 | 1,410 | $27,160 |
| Construction | 12,574 | 2,081 | $59,622 |
| Manufacturing | 11,730 | 540 | $66,368 |
| Administrative and support and waste management services | 9,298 | 1,507 | $45,934 |
| Professional, scientific and technical services | 8,445 | 1,969 | $71,888 |
| Educational services | 6,339 | 217 | $52,407 |
Health care and social assistance is the largest private sector at 33,374 jobs, 17.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Volusia County
How many businesses are in Volusia County?
- Establishments, all industries14,367
- Employment at those establishments164,490
- Annual payroll$7.54 bn
- Establishments per 1,000 residents24.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Volusia County
Building permits in Volusia County
- Housing units authorized by permit, 20243,403
- Declared construction value permitted$1.15 bn
- Single family units authorized2,702
- Multifamily units authorized701
- Multifamily share of units20.6 percent
- Average declared value per unit$337,227
- Units authorized per 1,000 households14.1
Single-family homes are 79.4 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Volusia County
SBA loans in Volusia County (7(a) and 504)
- 7(a) approvals recorded558
- 7(a) gross approval dollars$360.9 m
- Average 7(a) approval$646,773
- Median 7(a) approval$299,700
- 10th percentile approval$30,000
- 90th percentile approval$1,790,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)6,413
- Jobs per approval11.5
- Distinct 7(a) lenders active104
- Distinct industries receiving approvals191
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer24.2 percent
- Loans on real estate terms135
- Loans on working capital terms, 120 months or shorter394
- Franchise loans67
- Franchise share of approvals12.0 percent
- Leading industry by approval countFull-Service Restaurants (22)
- Most active lenderTD Bank, National Association (64)
- 504 approvals recorded232
- 504 gross approval dollars$189.6 m
- Average 504 approval$817,155
- Median 504 approval$471,500
- Distinct CDCs active6
- 504 jobs per approval10.4
- 504 jobs per million dollars approved12.8
- Most active CDCFlorida First Capital Finance Corporation, Inc. (117)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$550.5 m
The average approval of $646,773 sits well above the median of $299,700, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 24.2 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Volusia County
SBA loan default and charge-off rates in Volusia County
Do SBA loans in Volusia County get paid back?
- Loans with a final outcome recorded81
- Paid in full71
- Charged off10
- Charge-off rate on resolved loans12.3 percent
- Status: Charged off10
- Status: Paid in full71
- Status: Exempt from disclosure380
- Status: Cancelled61
- Status: Committed, not yet disbursed36
Of the 81 loans that have reached a final outcome, 12.3 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Volusia County
SBA lending by place in Volusia County
- Borrower cities with recorded lending23
- Daytona Beach, approvals90
- DeLand, approvals79
- Ormond Beach, approvals77
- Port Orange, approvals57
- New Smyrna Beach, approvals56
- Orange City, approvals39
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Daytona Beach | 90 | $68,089,000 |
| DeLand | 79 | $49,000,500 |
| Ormond Beach | 77 | $65,587,100 |
| Port Orange | 57 | $39,757,600 |
| New Smyrna Beach | 56 | $35,418,200 |
| Orange City | 39 | $18,210,200 |
| DeBary | 34 | $25,433,400 |
| Deltona | 34 | $11,793,700 |
| 15 other borrower cities | 92 | $47,609,500 |
Daytona Beach accounts for 90 approvals against 79 in DeLand. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Volusia County
How large is Volusia County?
- Land area1,101 sq mi
- Rank by land area among Florida counties10th of 67
- Width, east to west57.4 mi
- Height, north to south56.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land526
- Establishments per square mile13.05
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Volusia County
Flood risk in Volusia County
- Participation of the county's own NFIP community Volusia County, unincorporated areasParticipating, community 125155
- Community Rating System class of the county's own communityClass 5
- Communities in the county in the NFIP Community Status Book18
- Of those, participating in the NFIP18
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class12
- Radon levels in Volusia County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Volusia County (community 125155), participates in the National Flood Insurance Program and carries Community Rating System class 5, a flood insurance premium discount for policies written there. The EPA places Volusia County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 5, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Volusia County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Volusia County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024579,622
- Households241,881
- Average household size2.40
- Median household income$70,044
- Median age46.5
Common questions
Volusia County questions, answered from the record.
How many people live in Volusia County, Florida?
The Census Bureau estimates 602,772 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 579,622, in 241,881 households, ranking 12th of 67 Florida counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Volusia County's population growing?
The population has grown 8.89 percent since the 2020 census base of 553,544, to 602,772 on July 1, 2024. In 2024 there were 4,971 births against 7,914 deaths, with net migration of 13,093. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Volusia County?
$70,044. The median owner-occupied home is valued at $313,000, which is 4.5 times income, and median gross rent is $1,467 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Volusia County?
14,367 establishments, employing 164,490 people with an annual payroll of $7.54 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Volusia County?
Health care and social assistance is the largest private sector at 33,374 jobs, 17.6 percent of covered employment. Covered employment averages 189,265 jobs at an average annual pay of $54,114, or $1,041 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Volusia County?
558 7(a) approvals totaling $360.9 m since FY2020, across 104 lenders, with a median approval of $299,700, plus 232 504 approvals worth $189.6 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Volusia County get paid back?
Of the 81 loans that have reached a final outcome, 71 were paid in full and 10 charged off, a charge-off rate of 12.3 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Volusia County?
3,403 housing units were authorized by permit in 2024, with a declared construction value of $1.15 bn. Multifamily was 20.6 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Volusia County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Volusia County come from?
The largest single origin is Seminole County, with 2,921 households. Arriving households report an average income of $77,964 against $61,294 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Volusia County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Volusia County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Volusia County
Cities and places in Volusia.
24 Census places lie wholly or partly in Volusia County. All 24 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Deltona | city | 97,334 | 34 | Wholly in this county |
| Daytona Beach | city | 78,992 | 90 | Wholly in this county |
| Port Orange | city | 64,767 | 57 | Wholly in this county |
| Ormond Beach | city | 43,976 | 77 | Wholly in this county |
| DeLand | city | 41,611 | 79 | Wholly in this county |
| New Smyrna Beach | city | 31,974 | 56 | Wholly in this county |
| Edgewater | city | 23,627 | 30 | Wholly in this county |
| DeBary | city | 22,869 | 34 | Wholly in this county |
| Orange City | city | 14,372 | 39 | Wholly in this county |
| South Daytona | city | 13,543 | 27 | Wholly in this county |
| Holly Hill | city | 13,084 | 9 | Wholly in this county |
| Ormond-by-the-Sea | CDP | 7,146 | None recorded | Wholly in this county |
| Daytona Beach Shores | city | 5,188 | 1 | Wholly in this county |
| Samsula-Spruce Creek | CDP | 4,852 | None recorded | Wholly in this county |
| West DeLand | CDP | 3,632 | None recorded | Wholly in this county |
| Ponce Inlet | town | 3,435 | 2 | Wholly in this county |
| Lake Helen | city | 2,918 | 5 | Wholly in this county |
| De Leon Springs | CDP | 2,687 | 1 | Wholly in this county |
| Oak Hill | city | 1,694 | 3 | Wholly in this county |
| Glencoe | CDP | 1,445 | None recorded | Wholly in this county |
| Pierson | town | 1,327 | 6 | Wholly in this county |
| North DeLand | CDP | 1,102 | None recorded | Wholly in this county |
| DeLand Southwest | CDP | 1,024 | None recorded | Wholly in this county |
| Seville | CDP | 1,014 | None recorded | Wholly in this county |
A further 8 of the county's 558 SBA 7(a) approvals are to borrowers in cities that match no Census place in Volusia County, the largest being Osteen (2), Holy Hill (2), Datona Beach (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby