Economy

Quick Links:

• Annual GDP
• Export Trend
• Employment Trend
• Commercial Building Permits
• Residential Building Permits
• Residential Building Permit Trends
• Housing Values
• Residential Foreclosure Filings

Gross Domestic Product

Volusia County's strong GDP of $22.9 billion is ranked 14th out of 67 counties in Florida.

 

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Exports

The Deltona-Daytona-Ormond MSA is ranked 10th out of 24 MSAs in Florida for exports. The top exports consist of Computer & Electronic Products, Transportation Equipment, Machinery, and Electrical Equipment respectively by value and make up 64% of the products exported.

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Employment

Volusia County employment dropped 6% due to the COVID pandemic and has since recovered by 10%. View the most current labor statistics reported monthly. 

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Commercial Building Activity

For the 12 months ending March 2026, an average of $36.8 million per month in new ground up commercial building permits have been issued.

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Residential Building Activity

For the 12 months ending March 2026, an average of 183 new residential building permits have been issued per month. That's an average of $703.5 million per month in single family residential permits.

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Residential Building Permit Trend

Residential building permit activity has increased steadily every year since 2012 with the average permitted value of homes constructed in 2025 at $380,567 whereas permitted values were $188,611 at the height of activity in 2005. 

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Housing Values

Sources: Daytona Beach Area Realtors Associations, West Volusia Realtors Association

Source: Zillow Home Value Index 

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Residential Foreclosure Filings

Volusia County has had a continuous downward trend of foreclosure filings since the peak in 2010. 

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