Jacksonville, FL Foreclosed Homes & Properties

Foreclosure Homes for Sale in Jacksonville, FL: Everything You Need to Know

Jacksonville has a populous of 911,507 and a land area of 747 square miles. This results in a population density of 1,100 people per square mile. The city's racial profile comprises 58.7% Whites, 31% Blacks, 4.8% Asians, and 9.6% Latinos amongst other races. About 78,967 veterans are living in Jacksonville. 

The average household has 2.57 persons, and the average age of residents is 35.7 years old. The median household income is $52,576 a year. 

Job Opportunities in Jacksonville

Many industries have found success in Jacksonville, FL. Some of the most significant sectors include Advanced Manufacturing, Finance and Insurance, Information Technologies, Life Sciences, and Logistics and Distribution. 

This city is an important transportation hub with a port that ranks as one of the two top vehicle-handling ports in the nation. With three military bases, it has a significant military presence with an annual economic impact of $6.1 billion. 

There are also various Fortune 500 companies with headquarters in Jacksonville. Some are CSX (No. 257), bringing in annual revenue of $11 billion, Fidelity National Financial (No. 293) with $9.5 billion in revenue, and Fidelity National Information Services (No. 301) with $9.2 billion in annual revenue. The top private employers in this city are Baptist Health (11,000 employees), Bank of America (8,000 employees), and Florida Blue (7,000 employees). 

The average annual salary is $60,000 or $16.70 an hour.  The unemployment rate as of March 2020 was 4.3%.   

The Cost of Living in the City  

The cost of living in Jacksonville is 5% lower than the national average. Houses are valued at an average of $309,524, and the average monthly rent is $969.60. Utilities (electric & water) can cost about $250 a month. The average phone bill is $165. Gas prices fluctuate daily but average to about $2.53 a gallon. You can expect to pay $3.34 for a loaf of bread, $1.95 for a gallon of milk and $1.82 for a carton of eggs.  

Overall, food and groceries are equal to the national average. Healthcare costs are 13% lower than the national average. A doctor's visit may cost you about $97, a dentist appointment costs $83, and a visit to the vet for your pet is about $50. The combined state, county, and city sales tax rate is 7%.  

Things to Do in Jacksonville

With its pleasant weather and prime location, Jacksonville is visited by millions of tourists each year. There are many attractions for tourists and locals alike to visit and enjoy. 

If you love fine arts, head to the Cummer Museum of Art & Gardens with thousands of historic and modern displays. Those looking for a more relaxing outdoor environment should visit the Jacksonville Arboretum and Gardens or the Jacksonville Zoo and Gardens. Adventure Landing in Jacksonville Beach is a water park with rides, go-karts, miniature golf, and arcades. Little Talbot Island State Park has beautiful beaches with picnic areas and hiking trails.  

Festivals are always fun to attend, and Jacksonville offers an abundance of festivals all year long. The most popular ones are the Great Atlantic Seafood and Music Festival, Annual Community First Seawalk Festival, the Jacksonville Jazz Festival, and the JAX Taco Fest.