Oldsmar's history dates to 1913 when automobile pioneer Ransom E. Olds purchased 37,541 acres (152 km²) of land by the northern part of Tampa Bay to establish R. E. Olds-on-the-Bay. The name was later changed to Oldsmar, then to Tampa Shores in 1927, and finally back to Oldsmar in 1937.
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The city of Oldsmar is currently experiencing growth both in business and residential subdivisions and communities. See School links for Elementary school, Middle School, High School, Colleges, and Universties.
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Forecast for Oldsmar, FL- Tampa Bay Homes and Oldsmar Real Estate
1. In Style
Households that are In Style live in affluent neighborhoods of metropolitan areas. More suburban than urban, these households nevertheless embrace an urbane lifestyle, favoring townhomes over the traditional single-family houses. Professional couples predominate, with high labor force participation, and fewer children. Median age is about 38 years.
Open areas with affluence define exurban and the resident households. Median home value is currently about $235,000, with a median household income over $80,000. Homeowners are older, primarily empty nesters, professionally employed-with many who work from home.
3. Rustbelt Retirees
As the name implies, most of these households reside in the Northeast or Midwest, especially in Pennsylvania and areas around the Great Lakes. Although many householders are still working, labor force participation is below average. Over 40 percent of the households draw retirement income. The neighborhoods are typical of the older, industrial cities-owner-occupied, single-family homes in the city with a current market value of $111,000. Unlike many retirees, those in the Rustbelt are not inclined to move.
Source: ESRI Business Information Solutions
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