Jacksonville s population is 1.5M, with a total workforce of 709K. The labor market grew by 8,000 jobs over the past year, up by 1.1%. The median household income in Jacksonville is $61,996, 5.6% higher than last year and 1.0% above the national average of $61,372. In the housing market, total permits issued totaled 14,661 over the last twelve months, up 5.4% year-over-year. Jacksonville has 315 active new home projects on the market, 2.5% fewer than the 323 from last year. The average list price in the market is $311,377, 1.3% lower than last year and 2.9% above the national average. Over the last three months, new home contracts decreased by 4.0% to 1,682. Jacksonville and St. Augustine had the highest concentration of the new home contracts in the Jacksonville market.
