New Construction Homes in Jacksonville Metropolitan Area
About Jacksonville Metropolitan Area
Known as the “River City,” Jacksonville is perfectly positioned on the Atlantic coastline, with the St. Johns River running through the area. Offering a unique blend of natural beauty and urban lifestyle, it’s no surprise that Jacksonville’s population is growing rapidly. With an expanding job market, great weather, and an affordable cost of living, Jacksonville is ranked among the best places to live in the country. The Jacksonville metropolitan area is located in northeast Florida, spanning five counties. It has a population of 1.6 million people. The average age of the population of Jacksonville is the youngest in Florida, with over 60% of households having children. The city of Jacksonville is a large commercial and financial center where modern skyscrapers line a well-defined downtown and waterfront area from which the city spreads in all directions. One of the key reasons people are moving to Jacksonville is to take advantage of its growing job market, which offers a diverse array of opportunities in various industries. The Jacksonville job market has grown by 12.9 percent over the last ten years, a rate higher than most other cities in the U.S. From banking and finance to healthcare, education, and hospitality, there is a job for just about any career path here in Jacksonville.
Housing in Jacksonville Metropolitan Area
Overall, Jacksonville is a more affordable place to live than many other cities in Florida and the nation. The cost of living in Jacksonville is almost seven points lower than the national average. Compared to other coastal cities in the U.S., Jacksonville stands out as a highly affordable place to live if you want to enjoy warm weather and easy access to the beach. Its cost of living is almost 30% lower than Miami's and around 80% lower than Los Angeles. Add to that the fact that you will pay no state income tax living in Florida, and you can feel confident that your money will stretch further here in Jacksonville.
Most popular Communities in Jacksonville Metropolitan Area
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Real Estate in Jacksonville Metropolitan Area
The Jacksonville metro area’s real estate market saw huge gains over the last few years. The second half of 2022 has brought about a significant slowdown in the market due to interest rate rises and greater economic uncertainty, bringing the market back to a more balanced state. Experts anticipate a positive trend in the near future, and purchasing real estate in Jacksonville still appears to be a profitable investment.
Most Recent Communities in Jacksonville Metropolitan Area
Most Recent Homes in Jacksonville Metropolitan Area
New Construction Market in Jacksonville Metropolitan Area
Jacksonville offers a unique blend of coastal and urban lifestyle with a low cost of living. As a result, it's no surprise that people from across the country are moving to Jacksonville to take advantage of all this great city has to offer. As a result, Jacksonville builders have experienced high demand for new homes, and there are currently many new housing developments and communities available throughout the Jacksonville area. Whether you’re looking to live in a family-friendly suburb or close to the beach, you’ll find a variety of new construction home options to suit your lifestyle and budget here in Jacksonville.