Jacksonville Investment Properties For Sale | Norada

Jacksonville Investment Properties For Sale

Experts Predict 50% Population Growth in 10 Years

Jacksonville is a very large coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 840,660 people and 162 constituent neighborhoods, Jacksonville is the largest community in Florida.

Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Jacksonville is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Jacksonville is a city of sales and office workers, professionals and service providers. There are especially a lot of people living in Jacksonville who work in office and administrative support (17.66%), sales jobs (11.63%) and management occupations (9.20%).

Also of interest is that Jacksonville has more people living here who work in computers and math than 95% of the places in the US.

Jacksonville is a popular destination for single career-starters. One thing that you will notice when you are out and about town is that there is a large population of people who are young, single, educated, and upwardly-mobile career starters out at restaurants, listening to live music, and enjoying other activities. They are a real visible part of the culture of Jacksonville. This makes Jacksonville a good place to live for young professionals. With so many people in this demographic, Jacksonville presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.

One of the nice things about Jacksonville is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.

One important feature of Jacksonville is that it is one of the most car-oriented large cities in the country. In fact, 84.30% of people commute to and from work every day by private automobile, eschewing alternative forms of transportation, which are not widely available in Jacksonville anyway. So, if you like to drive, Jacksonville is the city for you! The landscape around Jacksonville reflects this: wide streets, parking lots, plenty of highways, malls, and shopping centers are what you'll find.

Jacksonville Information and Demographics

The education level of Jacksonville citizens is a little higher than the average for US cities and towns: 24.70% of adults in Jacksonville have at least a bachelor's degree.

The per capita income in Jacksonville in 2010 was $25,433, which is middle income relative to Florida, and upper middle income relative to the rest of the US. This equates to an annual income of $101,732 for a family of four. However, Jacksonville contains both very wealthy and poor people as well.

Jacksonville is an extremely ethnically-diverse city. The people who call Jacksonville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Jacksonville residents report their race to be White, followed by Black or African-American. Important ancestries of people in Jacksonville include German, Irish, English and Italian.

The most common language spoken in Jacksonville is English. Some people also speak Spanish.

 

Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau and Locatoin Incorporated are deemed reliable but not guaranteed.

Jacksonville APPRECIATION RATE

TIME PERIOD TOTAL APPRECIATION AVG. ANNUAL RATE COMPARED TO State* COMPARED TO AMERICA*
Latest Quarter:
2023 Q3-2023 Q4
0.00% 0.00%
Last 12 Months:
2022 Q4-2023 Q4
0.00% 0.00%
Last 2 Years:
2021 Q4-2023 Q4
0.00% 0.00%
Last 5 Years:
2018 Q4-2023 Q4
0.00% 0.00%
Last 10 Years:
2013 Q4-2023 Q4
0.00% 0.00%
Since 2000: Q1-2023 Q4 0.00% 0.00%
*10 is the highest


RENT & OWNERSHIP

HOME OWNERSHIP RATE


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