Economy in Jacksonville, Florida

Jacksonville's economy relies heavily on services such as banking, insurance and health care with several large employers in these sectors found in the city. Additionally, a number of military bases are located within close proximity contributing to job growth while ports provide access for trade both domestically and internationally. Retail sales also remain an important component of Jacksonville's economic landscape due to its booming tourism industry.

Jacksonville has an unemployment rate of 4.9%. The US average is 6.0%.

Jacksonville has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 44.4%, which is higher than the US average of 33.5%.

Tax Rates for Jacksonville
- The Sales Tax Rate for Jacksonville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jacksonville is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Jacksonville
- The average income of a Jacksonville resident is $25,496 a year. The US average is $28,555 a year.
- The Median household income of a Jacksonville resident is $46,768 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

ECONOMY	Jacksonville, Florida	United States
	4.9%	6.0%
	-3.9%	-6.2%
	44.4%	33.5%
	7.0%	6.2%
	0.0%	4.6%
	$27,486	$31,177
	$50,555	$57,652
	$61,957	$70,850
POPULATION BY OCCUPATION
	0.3%	1.3%
	0.1%	0.6%
	5.3%	6.2%
	5.9%	10.4%
	2.6%	2.7%
	12.4%	11.6%
	6.5%	4.1%
	0.6%	0.9%
	1.7%	2.1%
	9.6%	4.7%
	2.0%	1.9%
	6.1%	6.7%
	0.1%	0.1%
	6.3%	4.3%
	7.0%	9.3%
	13.5%	13.8%
	1.6%	2.2%
	8.5%	7.4%
	4.9%	4.9%
	4.9%	4.8%

ECONOMY MAP

Unemployment Rate (US Avg: 6%)

Median HH Income (US Avg: $53k)

Recent Job Growth (US Avg: 1.59%)

Income Less Than $15k (US Avg: 12.55%)

Income Greater Than $200k (US Avg: 5.03%)

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Reviews for Jacksonville 173 Reviews

Love/hate relationship with Jax - 8/29/2022
I’ve lived in Jacksonville for 12+ years(but visited on and off much longer). There’s things I love and things I hate and just like any place there are pros and cons.... Read More

Penelope | Jacksonville, FL | Reply | 1 Reply

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Any thoughts on the Southside area - 8/15/2022
We have been investigating Jax for a while. It looks like the Southside, Baymeadows and the further East you get is great. Any thoughts on moving to those areas, pretty... Read More

Anony | Federal Way, WA | Reply | No Replies

Don't do it - 3/10/2022
A huge portion of Jax is a high-crime, unkempt, litter of concrete blocks that has systematically excluded newcomers to the area (look at JSO data). I would never... Read More

m | Jacksonville, FL | Reply | No Replies

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ZIP CODES IN JACKSONVILLE, FLORIDA

32210, 32244, 32218, 32225, 32246, 32256, 32224, 32216, 32257, 32209, ... 31 more

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