Overview
Jacksonville is located in the Duval County of Florida State. This city is famous as being the largest city in Florida. It is boasting of a whooping population of 800 thousand people which has grown steadily over the last few years at the rate of about 9%. This is a great indicator to show that this place is great for relocation. The mix of the population here is about 61% white people, 32% people black and the rest comprising of a mix of Asians, Native Americans and other communities. The population density in this city is about 1000 people per square mile.
You will find that the economy in Jacksonville is flourishing, fact which
is proved by the growth in jobs and employment in the past year – about
5% - and the estimated forecast that would happen over the next ten year which
is at about 14%. The average income per household in Jacksonville is about
US $46 thousand which is a little above the average income in a regular US
city. To complement this factor, the cost of living in this city is about 10%
less than an average US city. Both these indicators amply point at the fact
that Jacksonville is an excellent choice for relocation.
Jacksonville Real Estate
The approximate cost of a regular home in Jacksonville is about US $200 thousand
which is quite affordable. The best part here is that the real estate in Jacksonville
has appreciated by a whooping approx. 18% in the past year. This makes buying
property in this city a great investment.
How to rent or buy in Jacksonville
About one third of the people here live in rented home while more than 56% own their homes. At any given time you would find that about 8% of the total accommodation is lying vacant. In case you plan to rent or buy property in Jacksonville, you would do best to entrust this task to the available real estate agents.
