San Diego s population is 3.3M, with a total workforce of 1.5M. The labor market grew by 26,600 jobs over the past year, up by 1.8%. The median household income in San Diego is $79,549, 4.4% higher than last year and 29.6% above the national average of $61,372. In the housing market, total permits issued totaled 11,546 over the last twelve months, up 23.2% year-over-year. San Diego has 132 active new home projects on the market, 7.3% more than the 123 from last year. The average list price in the market is $774,732, 10.9% lower than last year and 150.2% above the national average. Over the last three months, new home contracts decreased by 39.4% to 564. San Diego and Chula Vista had the highest concentration of the new home contracts in the San Diego market.