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Central Florida (CFL) This city is quite close to the top of the list of the best cities for hybrid businesses!

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Real Estate Agent with Re/Max Town & Country Realty BK560717

According to the findings of a study that examined the number of hybrid occupations, bandwidth, housing, and other factors, At the very top of the list, Central Florida, along with Tampa (No. 3) and Orlando (No. 15), are the areas that offer the most freedom to their employees.

Central Florida towns were determined to be among the top 20 in research conducted by CommercialSearch, a part of the Yardi suite of commercial listing platforms. Central Florida cities included Tampa, ranked third, and Orlando, ranked fifteenth.

According to the study's findings, there are various flexible work arrangements to choose from, such as working from home full-time or on a freelance basis. Additionally, hybrid work arrangements appear to have the potential to endure despite the complete shutdowns during the pandemic. As a result, individuals can achieve a better work-life balance and reduce the costs associated with commuting. Companies can cut down their office expenses. Top 20 study highlights

  • More than half (12) of them are located in the Southern United States. • The cities in the Midwest of the United States had the second-largest quantity (5). 
  • Most of them were located in mid-sized communities with less than 500,000 people.
  • Only two cities in the Western United States and one from the Northeastern United States made it onto the list.

To decide which cities are the best for hybrid work, the study's authors assigned points for each of the investigated variables. Cities that received the greatest points obtained a higher position on the list. Atlanta, which was ranked first, received a score of 77.55. It was Louisville, Kentucky, which received a score of 54.91, which placed it at the bottom of the top 20 list. Included among these variables were:

  • For every 100,000 residents, there are hybrid job advertisements.
  • The household's income percentage that is allocated to housing expenses
  • Travel time to and from work
  • There is one shared office space for every 100,000 residents.
  • The individual's life quality index
  • Coverage of the Internet at high speeds

It was determined that hybrid job ads and the density of coworking spaces were the most important factors in Tampa's score of 66.68 points.

According to the survey findings, "Businesses in Tampa appear to have also embraced the hybrid work model." The study found that Tampa had the third-most hybrid job ads per 100,000 residents, behind Pittsburgh and Atlanta. "The employment agency company Kforce, which has its headquarters in Tampa, conducted several surveys in the previous year, and the results showed that a sizeable majority of the workforce that was interviewed favored a hybrid work model that included flexibility in terms of office hours."

The report said that office space in Tampa "has become a destination of choice for some of the biggest names in town," like Nestle.

Additionally, it is mentioned that Tampa's central business center does not have "large blocks of space due to flexible work models." Tampa, home to a highly diverse economy, is in an excellent position to meet the new benchmark for maintaining a healthy balance between work and personal life. To this purpose, one of the advantages that the city already possesses is its local coworking scene: Tampa had the fourth-most coworking spaces per 100,000 population among the top 20 cities in our list, which means that it provides a wide variety of possibilities for both workers and enterprises to satisfy the demand for an occasional third space.

The score for Orlando was 56.88 points. The characteristics that received the highest scores were the density of coworking spaces and the quality of life.

The quality-of-life measure for Orlando was ranked second in the country, according to the study's authors, and the city had a lot of high and low scores. In addition, it has "some of the highest urban densities of recreational, health care, and educational establishments of the cities that we compared."

Additionally, Orlando got a lot of points for having a flexible workspace that was still quite affordable. There were approximately 15 coworking locations for every 100,000 residents.

"However, the city in central Florida received some of its lowest scores for the amount of time it takes to commute and the affordability of housing," the survey stated. Specifically, the estimated time to work in this location was 26 minutes, making it the city with the longest average commute time among the top 20 cities in this ranking. As a result of the fact that the expense of housing in the city accounts for almost 31% of the median household income on average, Orlando was ranked as the city that presented the greatest financial challenge in terms of housing out of all of the top 20 cities on the list.

Top 20 U.S. hybrid-work cities:

  1. Atlanta
  2. St. Louis
  3. Tampa
  4. Pittsburgh
  5. Cincinnati
  6. Minneapolis
  7. Irving, Texas
  8. Madison, Wisconsin
  9. Raleigh, North Carolina
  10. Scottsdale, Arizona
  11. Plano, Texas
  12. Austin, Texas
  13. Arlington, Virginia
  14. Charlotte, North Carolina
  15. Orlando
  16. Irvine, Calif.
  17. Durham, North Carolina
  18. Richmond, Virginia
  19. Kansas City, Missouri
  20. Louisville, Kentucky

 

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About Realtor Scott Garrison:

Bringing over 36+ years of experience as a local Orlando Realtor, Top Central Florida Realtor SCOTT GARRISON at ReMax Town & Country Real State has helped perhaps more Orlando-Area families and investors buy and sell Central Florida Residential Real Estate than any other of the #19,000+ Orlando Realtors currently working in the Central Florida area! 

 

Living in Oviedo and with RE/MAX Real Estate offices in both WINTER SPRINGS, Florida and WINTER PARK, FL, Top Realtor SCOTT GARRISON actively serves your best Residential Real Estate needs virtually anywhere you’d want to be in Central Florida… including Orange, Seminole, Volusia, Osceola, Brevard, and Lake Counties. Scott has lived here in the Central Florida local Orlando-Area for nearly all of his life, attending the local Winter Park High School and graduating with several degrees from the nearby University of Central Florida. 

 

As a Top Seminole & Orange County Real Estate Agent, Realtor Scott Garrison also has extensive experience in Residential Sales and Purchases, Vacant Land and in helping clients with Foreclosures and Short Sales!  He owns multiple Rental Property right here in the area, and over the years, has done many “flips” by buying “ugly houses” and making them Pretty for a new buyer, so he also understands the Real Estate Investor mindset!  Call Scott today to find out why “This Realtor WORKS!”

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