Apart from the catchy name, Dr. Phillips is a popular suburb of Orlando, widely known for its close proximity to some of Florida’s most popular attractions. Dr Phillips was named after Dr. Phillip Phillips the citrus magnate. However, nowadays the town owes it success due to the tourism industry. Bordered by Universal Studios on one side and Walt Disney on the other, you can even see Magic Kingdoms nightly fireworks display from your Dr. Phillips home. Also featured in this community is Orlando’s famous Restaurant Row. From cheap eats to 5-star dining, Dr. Phillips provides the best food scene in the Orlando area. With all the businesses, restaurants, and attractions it’s no wonder why this small town has a high job growth rate. Time Magazine ranked Dr. Phillips number 26 on its list of Best Places to Live 2015.
Nestled between the beautiful chain of Butler chain of lakes, Dr Phillips. has ample water activities to choose from such as fishing, boating, jet skiing, kayaking, paddle boarding, year-round swimming, etc. If you’re more of a land person, there is plenty of local shopping outlets to choose from as well as over 140 golf courses located in the region. Dr. Phillips sits on 4.9 total square miles and stretches across nine different communities. Popular communities within the area are Turkey Lake Park, Sand Lake Hills, Orange Tree, and Bay Hill.
Dr. Phillips Real Estate Trends
Over the past 15 years, the population of Dr Phillips has increased by 15% and currently has over 11,000 residents. During the same time frame, the median household income in the area has increased by roughly 15%. At $81,446, the median household income in Dr Phillips is nearly twice the state’s average of $44,000. Dr Phillips homes average $400K, with high-end homes on the market for $2 million plus. Buying a home in Dr Phillips is an investment in your future and will be the go-to place for entertaining your friends.