Jacksonville s population is 1.5M, with a total workforce of 723K. The labor market grew by 22,400 jobs over the past year, up by 3.1%. The median household income in Jacksonville is $62,816, 4.3% higher than last year and 0.6% below the national average of $63,179.
In the housing market, total permits issued totaled 14,676 over the last twelve months, down -0.5% year-over-year. Jacksonville has 320 active new home projects on the market, 2.7% fewer than the 329 from last year. The average list price in the market is $309,733, 5.5% lower than last year and 11.0% below the national average. Over the last three months, new home contracts decreased by 7.9% to 1,672. Jacksonville and St. Augustine had the highest concentration of the new home contracts in the Jacksonville market.
