Orange County s population is 3.2M, with a total workforce of 1.6M. The labor market grew by 15,715 jobs over the past year, up by 1.0%. The median household income in Orange County is $80,283, unchanged from last year and 30.8% 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 146 active new home projects on the market, 2.7% fewer than the 150 from last year. The average list price in the market is $1,423,484, 17.4% higher than last year and 344.8% above the national average. Over the last three months, new home contracts decreased by 28.6% to 989. Irvine and Rancho Mission Viejo had the highest concentration of the new home contracts in the Orange County market.