Local

Where the money lives

Hundred dollar bills

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

An influx of residents to Central Florida has also brought an influx of wealth to the region’s economy and tax ecosystem.

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Central Florida — which includes Brevard, Lake, Orange, Osceola, Seminole and Volusia counties — saw a net gain of over $3 billion in tax returns from 2021 to 2022, largely from within the state but also from counties in New York and California, which are seeing net losses in tax filers.

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Volusia County saw the highest net growth, up $782 million. The median income in ZIP codes within DeLand, Daytona Beach and DeBary has grown rapidly in the past few years, up over 60% from 2017 to 2022, according to data from the U.S. Census Bureau.

Click here to read the full story on the Orlando Business Journal’s website.

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