Jacksonville s population is 1.5M, with a total workforce of 709K. The labor market grew by 11,900 jobs over the past year, up by 1.7%. The median household income in Jacksonville is $61,676, 5.1% higher than last year and 2.4% below the national average of $63,179.
In the housing market, total permits issued totaled 15,942 over the last twelve months, up 13.6% year-over-year. Jacksonville has 315 active new home projects on the market, 3.1% fewer than the 325 from last year. The average list price in the market is $314,362, 5.6% lower than last year and 5.0% above the national average. Over the last three months, new home contracts decreased by 15.7% to 1,565. Jacksonville and St. Augustine had the highest concentration of the new home contracts in the Jacksonville market.
