Orange County s population is 3.2M, with a total workforce of 1.6M. The labor market grew by 18,086 jobs over the past year, up by 1.1%. The median household income in Orange County is $91,575, 7.9% higher than last year and 49.2% above the national average of $61,372. In the housing market, total permits issued totaled 9,262 over the last twelve months, down 1.1% year-over-year. Orange County has 148 active new home projects on the market, unchanged from the 148 from last year. The average list price in the market is $1,365,560, 11.5% higher than last year and 340.9% above the national average. Over the last three months, new home contracts decreased by 53.2% to 621. Irvine and Rancho Mission Viejo had the highest concentration of the new home contracts in the Orange County market.