Over the past decade, Clermont, Florida, has experienced remarkable growth, transforming from a quiet town into a thriving city. With its population increasing by over 60% from 2010 to 2020 and surpassing 50,000 by 2024, Clermont has become one of the fastest-growing cities in Central Florida. This rapid growth is driven by its strategic location near Orlando, a booming real estate market, diverse economic opportunities, and an exceptional quality of life.
Clermont’s housing market has seen significant appreciation, with median home values rising by over 30% in recent years. The city’s median household income also increased to approximately $67,637 in 2022, reflecting the economic prosperity accompanying this growth. As more people move to Clermont, the demand for services, housing, and amenities continues to rise, creating numerous investment opportunities.
One particularly promising sector is self-storage. The growing population, rising real estate prices, and increased consumer spending have fueled a strong demand for self-storage facilities. Clermont’s relatively underdeveloped self-storage market, combined with high occupancy rates across Florida and limited competition, presents an attractive opportunity for investors.
Looking ahead, Clermont is expected to sustain its growth, with continued economic expansion, infrastructure improvements, and real estate development. As Clermont evolves, it is poised to become one of Central Florida’s premier cities, offering exceptional opportunities for living, working, and investing, particularly in the burgeoning self-storage industry.
Clermont Florida tower.
