Jacksonville, Florida
Duval County Real Estate - Jacksonville
Jacksonville
Jacksonville is Florida's largest city by population and the largest city in the contingent United States by area. Jacksonville is located in the North of Florida, about 25 miles south of Georgia. Jacksonville contains the largest deepwater port in the south (the second largest port on US East Coast). Jacksonville is also home to numerous military facilities and has the 3rd largest naval presence in the county as a result of Naval Submarine Base Kings Bay being located nearby. The military is Jacksonville's largest employer by far and has an estimated $6.1 billion economic impact annually. Top employers for Jacksonville are Naval Air Station Jacksonville, Duval County Public Schools, Naval Station Mayport, City of Jacksonville, and Baptist Health.
Jacksonville is named after Andrew Jackson who was the first governor of the Florida territory. Jacksonville incorporated as a town in 1832. In the latter part of the 19th century, Jacksonville became a popular winter resort for wealthy northerners. After the Great Fire of 1901, much of the city had to be rebuilt. In response to suburban sprawl and white flight, the governments of the City of Jacksonville and Duval County merged in 1968.
Jacksonville is in North Eastern Florida. It's population as recorded in the 2010 Census was 821,784.
The median age for residents of Jacksonville is 35.5. Around 33.4% of Jacksonville households include school aged children and 20.9% of households include individuals aged 65 years or over. Census records indicate 59.4% of the Jacksonville population are White, 30.7% are Black or African American, .3% American Indian, 4.2% Asian and 2.8% are Two or more Races.
There are 366,273 housing units in Jacksonville. 43,167 (11.7%) of these were reported as vacant in the 2010 Census. There are 144,146 residential rental units in Jacksonville. 123,728 of them were occupied in 2010 providing a residential rental vacancy rate of 13.8%.
Jacksonville links:
Jacksonville is located in Duval County. It has a population of approximately 821,784 people. The population increased 1.8% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 1.8% for Duval County and a 1.7% increase for the country as a whole. Jacksonville occupies 747 of the 762.19 square miles in Duval County. It had a population density of 1100.1 persons per square mile in 2010. This compared to 1133.9 for the county, 350.6 for Florida and 87.4 for the country.
94.1% ( 366,273) of the 389,434 housing units in Duval County are in Jacksonville (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Jacksonville has a 63.3% homeownership rate compared to Duval County's 63.2% homeownership rate and Florida's rate of 69.0%.
| Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
| Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
| Duval County | 864,263 | $43,464 | 1.8% | $49,964 | 389,434 | $170,300 |
| Jacksonville | 821,784 | $42,567 | 1.8% | $49,192 | 366,273 | $166,400 |
Jacksonville's medium household income in 2011 was $49,192. Duval County's medium household income was $49,964, which is higher than the medium income for Florida as a whole: $47,827. 15.2% of the population in Jacksonville lives below the poverty line, compared to 14.7% in Florida, 14.9% of the population in Duval County and 14.3% nationwide. Additional Information:
Jacksonville Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Jacksonville. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $42,567 million, Jacksonville's economic activity represents 97.94% of Duval County's $43,464MM in economic activity. Duval County represents 6.89% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $11,145 | 26.2% |
| Merchant wholesaler sales | $17,104 | 40.2% |
| Retail sales | $12,750 | 30.0% |
| Accommodation and food services sales | $1,568 | 3.7% |
| Total | $42,567 | 100% |
Duval County Regional Comparisons
| City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Atlantic Beach | 12,655 | $101 | 1.7% | $65,441 | 6,174 | $346,400 |
| Jacksonville | 821,784 | $42,567 | 1.8% | $49,192 | 366,273 | $166,400 |
| Jacksonville Beach | 21,362 | $475 | 1.5% | $61,445 | 11,882 | $301,100 |
| Neptune Beach | 7,037 | $100 | 1.1% | $62,407 | 3,493 | $339,000 |
Duval County is located in Northeastern Florida. This region is responsible for 8.7% of Florida's economic activity. Duval County represents 79.6% of the region's economy.
| Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Baker County | 27,115 | $200 | -0.1% | $47,041 | 9,782 | $142,600 |
| Clay County | 190,865 | $2,614 | 1.8% | $59,994 | 76,175 | $178,900 |
| Duval County | 864,263 | $43,464 | 1.8% | $49,964 | 389,434 | $170,300 |
| Nassau County | 73,314 | $1,614 | 1.8% | $58,933 | 35,286 | $202,300 |
| Putnam County | 74,364 | $1,703 | -1.5% | $34,174 | 37,406 | $105,300 |
| St. Johns County | 190,039 | $3,952 | 6.4% | $64,153 | 91,348 | $279,700 |
| Flagler County | 95,696 | $1,035 | 2.8% | $48,708 | 49,068 | $201,300 |
| Total | 1,549,472 | $54,582 | 1.9% | $51,852 | 688,499 | $182,914 |
Jacksonville Real Estate
There are 298,420 properties in Jacksonville. The following table shows a summary of them based on 2014 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Agricultural | 937 | 0.31 | 4 | $486,700 | $530 | February 1st, 2014 | April 1st, 2014 |
| Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Government Property | 4,227 | 1.42 | 2 | $64,300 | $53 | January 1st, 2014 | March 1st, 2014 |
| Health Care | 45 | 0.02 | 4 | $12,016,450 | $230 | April 1st, 2014 | August 1st, 2014 |
| Hotel & Motel | 192 | 0.06 | 11 | $2,100,000 | $43 | January 1st, 2014 | August 1st, 2014 |
| Industrial | 3,516 | 1.18 | 108 | $349,900 | $31 | January 1st, 2014 | September 1st, 2014 |
| Miscellaneous Property | 268 | 0.09 | 1 | $13,000,000 | ####### | February 1st, 2014 | February 1st, 2014 |
| Mobile/Manufactured | 9,932 | 3.33 | 272 | $25,000 | $19 | January 1st, 2014 | September 1st, 2014 |
| Multifamily | 5,976 | 2.00 | 298 | $64,750 | $27 | January 1st, 2014 | September 1st, 2014 |
| Office | 5,499 | 1.84 | 203 | $270,000 | $103 | January 1st, 2014 | September 1st, 2014 |
| Residential | 260,153 | 87.18 | 13,198 | $95,000 | $58 | January 1st, 2014 | September 1st, 2014 |
| Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
| Retail | 5,596 | 1.88 | 192 | $299,500 | $70 | January 1st, 2014 | September 1st, 2014 |
| Senior Housing | 69 | 0.02 | 1 | $1,410,000 | $163 | August 1st, 2014 | August 1st, 2014 |
| Special Purpose | 1,833 | 0.61 | 37 | $225,000 | $32 | January 1st, 2014 | September 1st, 2014 |
| Sports & Entertaining | 177 | 0.06 | 4 | $306,000 | $75 | January 1st, 2014 | April 1st, 2014 |
Agricultural Real Estate in Jacksonville, Florida
937( .31%) of the properties in Jacksonville are classified as Agricultural. 4 of them sold between February 1st, 2014 and April 1st, 2014. The total value of these sales was $4,193,400. The median sales price was $486,700. In 2014 the median sales price for Agricultural in Jacksonville was $530 per sq ft.
Commercial Real Estate in Jacksonville, Florida
0( .00%) of the properties in Jacksonville are classified as Commercial.
Government Real Estate in Jacksonville, Florida
4,227( 1.42%) of the properties in Jacksonville are classified as Government. 2 of them sold between January 1st, 2014 and March 1st, 2014. The total value of these sales was $128,600. The median sales price was $64,300. In 2014 the median sales price for Government Property in Jacksonville was $53 per sq ft.
Health Care Real Estate in Jacksonville, Florida
45( .02%) of the properties in Jacksonville are classified as Health Care. 4 of them sold between April 1st, 2014 and August 1st, 2014. The total value of these sales was $43,915,900. The median sales price was $12,016,450. In 2014 the median sales price for Health Care in Jacksonville was $230 per sq ft.
Hotel & Motel Real Estate in Jacksonville, Florida
192( .06%) of the properties in Jacksonville are classified as Hotel & Motel. 11 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $128,136,500. The median sales price was $2,100,000. In 2014 the median sales price for Hotel & Motel in Jacksonville was $43 per sq ft.
Industrial Real Estate in Jacksonville, Florida
3,516( 1.18%) of the properties in Jacksonville are classified as Industrial. 108 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $526,347,100. The median sales price was $349,900. In 2014 the median sales price for A Class Industrial in Jacksonville was $99 per sq ft, B Class properties sold for $31/ft and C Class $9/ft.
Miscellaneous Real Estate in Jacksonville, Florida
268( .09%) of the properties in Jacksonville are classified as Miscellaneous. 1 of them sold between February 1st, 2014 and February 1st, 2014. The total value of these sales was $13,000,000. The median sales price was $13,000,000. In 2014 the median sales price for Miscellaneous Property in Jacksonville was ####### per sq ft.
Mobile/Manufactured Real Estate in Jacksonville, Florida
9,932( 3.33%) of the properties in Jacksonville are classified as Mobile/Manufactured. 272 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $23,232,500. The median sales price was $25,000. In 2014 the median sales price for A Class Mobile/Manufactured in Jacksonville was $48 per sq ft, B Class properties sold for $19/ft and C Class $6/ft.
Multifamily Real Estate in Jacksonville, Florida
5,976( 2.00%) of the properties in Jacksonville are classified as Multifamily. 298 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $456,653,000. The median sales price was $64,750. In 2014 the median sales price for A Class Multifamily in Jacksonville was $75 per sq ft, B Class properties sold for $27/ft and C Class $6/ft.
Office Real Estate in Jacksonville, Florida
5,499( 1.84%) of the properties in Jacksonville are classified as Office. 203 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $1,240,331,100. The median sales price was $270,000. In 2014 the median sales price for A Class Office in Jacksonville was $475 per sq ft, B Class properties sold for $103/ft and C Class $25/ft.
Residential Real Estate in Jacksonville, Florida
260,153( 87.18%) of the properties in Jacksonville are classified as Residential. 13,198 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $7,514,026,300. The median sales price was $95,000. In 2014 the median sales price for A Class Residential in Jacksonville was $104 per sq ft, B Class properties sold for $58/ft and C Class $17/ft.
Residential Real Estate in Jacksonville, Florida
0( .00%) of the properties in Jacksonville are classified as Residential.
Retail Real Estate in Jacksonville, Florida
5,596( 1.88%) of the properties in Jacksonville are classified as Retail. 192 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $141,877,300. The median sales price was $299,500. In 2014 the median sales price for A Class Retail in Jacksonville was $300 per sq ft, B Class properties sold for $70/ft and C Class $10/ft.
Senior Housing Real Estate in Jacksonville, Florida
69( .02%) of the properties in Jacksonville are classified as Senior Housing. 1 of them sold between August 1st, 2014 and August 1st, 2014. The total value of these sales was $1,410,000. The median sales price was $1,410,000. In 2014 the median sales price for Senior Housing in Jacksonville was $163 per sq ft.
Special Purpose Real Estate in Jacksonville, Florida
1,833( .61%) of the properties in Jacksonville are classified as Special Purpose. 37 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $25,396,200. The median sales price was $225,000. In 2014 the median sales price for A Class Special Purpose in Jacksonville was $101 per sq ft, B Class properties sold for $32/ft and C Class $7/ft.
Sports & Entertaining Real Estate in Jacksonville, Florida
177( .06%) of the properties in Jacksonville are classified as Sports & Entertaining. 4 of them sold between January 1st, 2014 and April 1st, 2014. The total value of these sales was $1,407,000. The median sales price was $306,000. In 2014 the median sales price for Sports & Entertaining in Jacksonville was $75 per sq ft.
Jacksonville, Duval County Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 889 | 3,536,805 |
| Government Property | 3,093 | 41,987,488 |
| Health Care | 21 | 5,473,837 |
| Hotel & Motel | 166 | 9,235,273 |
| Industrial | 3,343 | 121,822,292 |
| Land | 15,272 | 7,913,022 |
| Miscellaneous Property | 294 | 4,329,093 |
| Mobile/Manufactured | 9,548 | 13,540,362 |
| Multifamily | 5,258 | 89,476,976 |
| Office | 5,061 | 56,490,570 |
| Residential | 264,664 | 486,438,647 |
| Retail | 4,968 | 59,126,520 |
| Senior Housing | 93 | 6,224,297 |
| Special Purpose | 1,786 | 26,269,504 |
| Sports & Entertaining | 165 | 2,076,087 |
Jacksonville Median Property Values per Sq Ft
| Property Class | Class A | Class B | Class C | ||||
|---|---|---|---|---|---|---|---|
| Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
| Camp | 2016 | $200 | $18 | $128 | $10 | $50 | $6 |
| Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2016 | $168 | $16 | $111 | $9 | $32 | $5 |
| Auto sales, auto repair and storage or auto service shop | 2016 | $270 | $29 | $61 | $13 | $37 | $6 |
| Bowling alley, skating rink, pool hall or enclosed arena | 2016 | $200 | $18 | $128 | $10 | $50 | $6 |
| Cannery, fruit and vegetable, bottler or brewers, distillery or winery | 2016 | $114 | $9 | $42 | $6 | $22 | $3 |
| Centrally assessed | 2016 | $495 | $27 | $156 | $11 | $22 | $4 |
| Church | 2016 | $141 | $16 | $76 | $9 | $33 | $5 |
| Club, lodge or union hall | 2016 | $45 | $16 | $34 | $9 | $30 | $5 |
| College | 2016 | $45 | $26 | $34 | $10 | $30 | $5 |
| Community Shopping Center | 2016 | $192 | $29 | $61 | $13 | $33 | $6 |
| Condominium | 2016 | $118 | $16 | $81 | $16 | $46 | $16 |
| Cooperative | 2016 | $118 | $16 | $81 | $16 | $46 | $16 |
| County Owned | 2016 | $45 | $26 | $34 | $10 | $30 | $5 |
| Cropland soil capability Class I | 2016 | $114 | $36 | $42 | $21 | $22 | $14 |
| Cropland soil capability Class III | 2016 | $114 | $36 | $42 | $21 | $22 | $14 |
| Cultural organization, facility | 2016 | $45 | $16 | $34 | $9 | $30 | $5 |
| Department Store | 2016 | $365 | $29 | $93 | $13 | $37 | $6 |
| Drive-in Restaurant | 2016 | $365 | $29 | $93 | $13 | $37 | $6 |
| Drive-in theater or open stadium | 2016 | $495 | $18 | $156 | $10 | $22 | $6 |
| Enclosed theater or auditorium | 2016 | $495 | $18 | $156 | $10 | $22 | $6 |
| Federal Owned | 2016 | $40 | $26 | $40 | $10 | $40 | $5 |
| Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $365 | $29 | $93 | $13 | $37 | $6 |
| Florist or greenhouse | 2016 | $495 | $29 | $156 | $13 | $22 | $6 |
| Food processing | 2016 | $114 | $9 | $42 | $6 | $22 | $3 |
| Forest, park or recreational area | 2016 | $45 | $26 | $34 | $10 | $30 | $5 |
| Golf course or driving range | 2016 | $200 | $18 | $128 | $10 | $50 | $6 |
| Government Undefined | 2016 | $45 | $26 | $34 | $10 | $30 | $5 |
| Grazing land soil capability Class II | 2016 | $349 | $36 | $88 | $21 | $59 | $14 |
| Grazing land soil capability Class III | 2016 | $349 | $36 | $88 | $21 | $59 | $14 |
| Heavy industrial | 2016 | $114 | $9 | $42 | $6 | $22 | $3 |
| Home for the aged | 2016 | $45 | $17 | $34 | $13 | $30 | $8 |
| Hospital | 2016 | $45 | $26 | $34 | $10 | $30 | $5 |
| Hotel or motel | 2016 | $93 | $33 | $59 | $33 | $13 | $33 |
| Improved agricultural | 2016 | $114 | $36 | $42 | $21 | $22 | $14 |
| Leasehold interests (government owned property leased by a non-governmental lessee) | 2016 | $40 | $27 | $40 | $11 | $40 | $4 |
| Light manufacturing | 2016 | $114 | $9 | $42 | $6 | $22 | $3 |
| Lumber yard, sawmill or planing mill | 2016 | $114 | $9 | $42 | $6 | $22 | $3 |
| Military | 2016 | $45 | $26 | $34 | $10 | $30 | $5 |
| Mineral processing, cement plant,refinery, clay plants or gravel plant | 2016 | $114 | $9 | $42 | $6 | $22 | $3 |
| Miscellaneous Residential (migrant camp or boarding home.) | 2016 | $45 | $33 | $34 | $33 | $30 | $33 |
| Mixed use - store and office or store and residential or residential combination | 2016 | $365 | $29 | $93 | $13 | $37 | $6 |
| Mobile Home | 2016 | $60 | $6 | $29 | $6 | $15 | $6 |
| Mortuary, cemetery or crematorium | 2016 | $45 | $16 | $34 | $9 | $30 | $5 |
| Multi-family - 10 units or more | 2016 | $127 | $13 | $60 | $6 | $34 | $3 |
| Multi-family - less than 10 units | 2016 | $103 | $13 | $47 | $6 | $21 | $3 |
| Municipal Owned | 2016 | $40 | $26 | $40 | $10 | $40 | $5 |
| Nightclub, cocktail lounge or bar | 2016 | $200 | $18 | $128 | $10 | $50 | $6 |
| Office building, non-professional service building, multi-story | 2016 | $295 | $21 | $123 | $16 | $51 | $10 |
| Office building, non-professional service building, one story | 2016 | $360 | $21 | $118 | $16 | $50 | $10 |
| Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $114 | $9 | $42 | $6 | $22 | $3 |
| Orchard Groves, Citrus, etc. | 2016 | $349 | $36 | $88 | $21 | $59 | $14 |
| Ornamentals, miscellaneous agricultural | 2016 | $349 | $36 | $88 | $21 | $59 | $14 |
| Orphanage, other non-profit or charitable services | 2016 | $45 | $16 | $34 | $9 | $30 | $5 |
| Poultry, bees, tropical fish, rabbits, etc. | 2016 | $349 | $36 | $88 | $21 | $59 | $14 |
| Private school or college | 2016 | $141 | $16 | $74 | $9 | $31 | $5 |
| Privately owned hospital | 2016 | $141 | $25 | $74 | $17 | $31 | $11 |
| Professional service building | 2016 | $168 | $21 | $111 | $16 | $32 | $10 |
| Public county school | 2016 | $45 | $26 | $34 | $10 | $30 | $5 |
| Race track: horse, auto or dog | 2016 | $200 | $18 | $128 | $10 | $50 | $6 |
| Regional Shopping Center | 2016 | $365 | $29 | $93 | $13 | $37 | $6 |
| Repair service shop (excluding automotive) | 2016 | $365 | $29 | $93 | $13 | $37 | $6 |
| Restaurant, cafeteria | 2016 | $426 | $29 | $141 | $13 | $67 | $6 |
| Retirement Home not eligible for exemption. | 2016 | $45 | $17 | $34 | $13 | $30 | $8 |
| Sanitarium or convalescent rest home | 2016 | $45 | $25 | $34 | $17 | $30 | $11 |
| Service station | 2016 | $365 | $29 | $93 | $13 | $37 | $6 |
| Single Family | 2016 | $115 | $16 | $75 | $16 | $35 | $16 |
| State Owned | 2016 | $40 | $26 | $40 | $10 | $40 | $5 |
| Store, one story | 2016 | $252 | $29 | $88 | $13 | $31 | $6 |
| Supermarket | 2016 | $365 | $29 | $93 | $13 | $37 | $6 |
| Timberland - site index 60 to 69 | 2016 | $349 | $36 | $88 | $21 | $59 | $14 |
| Timberland - site index 70 to 79 | 2016 | $349 | $36 | $88 | $21 | $59 | $14 |
| Timberland - site index 80 to 89 | 2016 | $114 | $36 | $42 | $21 | $22 | $14 |
| Timberland - site index 90 and above | 2016 | $114 | $36 | $42 | $21 | $22 | $14 |
| Timberland not classified by site index to Pines | 2016 | $349 | $36 | $88 | $21 | $59 | $14 |
| Tourist attraction, permanent exhibit or other entertainment facilities | 2016 | $200 | $18 | $128 | $10 | $50 | $6 |
| Undefined - Reserved for Use by Department of Revenue | 2016 | $103 | $16 | $47 | $16 | $21 | $16 |
| Utility | 2016 | $40 | $27 | $40 | $11 | $40 | $4 |
| Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $120 | $9 | $46 | $6 | $23 | $3 |