San Antonio's population is 2.5M, with a total workforce of 1.0M. The labor market grew by 13,200 jobs over the past year, up by 1.3%. The median household income in San Antonio is $57,654, 2.8% higher than last year and 6.1% below the national average of $61,372. In the housing market, total permits issued totaled 10,753 over the last twelve months, up 5.4% year-over-year.
San Antonio has 438 active new home projects on the market, 5.2% fewer than the 462 from last year. The average list price in the market is $291,499, 1.1% higher than last year and 9.0% below the national average. Over the last three months, new home contracts increased by 2.6% to 2,713. San Antonio and New Braunfels had the highest concentration of the new home contracts in the San Antonio market.