Located on the east coast of Florida, Jacksonville overlooks the two banks of the St. Jones River - the longest river in Florida and also one of the only two rivers in North America that flows north instead of south.
In the last ten years the Jacksonville Metro area has grown by a whopping 20%. Currently, there are 1.3 million people living in this area and more keep coming every year. In fact, the Jacksonville population is steadily growing at a rate of 2% per year and its labor force is doubling from the national average.
There are many factors that explain this growth. First, Jacksonville is the only city in Florida with four Fortune 500 companies. The area also has a world-class health care system, with more than 20 hospitals and a growing biological scientific community. In addition, 13 of Forbes Global 500 work in Jacksonville.
With below-average living costs, a wonderful climate and a business-friendly environment, we believe Jacksonville is one of the best real estate markets in the country.
More to love about Jacksonville:
- The population of Jacksonville has grown by 24.1% in the population since 2000, which is higher than 16.4% of Miami and 19.8% of Tampa.
- Future job growth in Jacksonville is expected to be 39.21% over the next ten years.
- The expansion of the Panama Canal is helping to bring jobs to the ports of the Jacksonville area, which could lead to further population growth.
- The Jacksonville Metro also has a world-class healthcare system with more than 20 hospitals and a growing bioscientific community.