Jacksonville s population is 1.5M, with a total workforce of 709K. The labor market grew by 16,300 jobs over the past year, up by 2.3%. The median household income in Jacksonville is $62,025, 5.6% higher than last year and 1.8% below the national average of $63,179.
In the housing market, total permits issued totaled 16,210 over the last twelve months, up 18.8% year-over-year. Jacksonville has 318 active new home projects on the market, 2.2% fewer than the 325 from last year. The average list price in the market is $319,461, 2.8% lower than last year and 2.7% below the national average. Over the last three months, new home contracts decreased by 10.6% to 1,809. Jacksonville and St. Augustine had the highest concentration of the new home contracts in the Jacksonville market.
