Jacksonville s population is 1.6M, with a total workforce of 724K. The labor market grew by 15,700 jobs over the past year, up by 2.2%. The median household income in Jacksonville is $62,895, 4.4% higher than last year and 0.4% below the national average of $63,179.
In the housing market, total permits issued totaled 14,377 over the last twelve months, down -5.0% year-over-year. Jacksonville has 335 active new home projects on the market, unchanged from the 335 from last year. The average list price in the market is $328,499, 2.3% higher than last year and 2.2% above the national average. Over the last three months, new home contracts increased by 22.3% to 2,235. Jacksonville and St. Augustine had the highest concentration of the new home contracts in the Jacksonville market.
