Orange County s population is 3.2M, with a total workforce of 1.6M. The labor market grew by 13,056 jobs over the past year, up by 0.8%. 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 7,706 over the last twelve months, down 23.0% year-over-year. Orange County has 142 active new home projects on the market, 5.3% fewer than the 150 from last year. The average list price in the market is $1,296,760, 0.1% higher than last year and 328.4% above the national average. Over the last three months, new home contracts decreased by 29.9% to 902. Irvine and Yorba Linda had the highest concentration of the new home contracts in the Orange County market.