Jacksonville s population is 1.5M, with a total workforce of 709K. The labor market grew by 12,900 jobs over the past year, up by 1.8%. The median household income in Jacksonville is $61,937, 5.5% higher than last year and 0.9% above the national average of $61,372.
In the housing market, total permits issued totaled 15,392 over the last twelve months, up 14.3% year-over-year. Jacksonville has 317 active new home projects on the market, 0.3% more than the 316 from last year. The average list price in the market is $322,415, 1.2% higher than last year and 3.9% above the national average. Over the last three months, new home contracts decreased by 7.5% to 1,775. Jacksonville and St. Augustine had the highest concentration of the new home contracts in the Jacksonville market.