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EconPulse

Local economy signal dashboard

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COUNTYThriving

Duval County, FL

Thriving overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score71out of 100
Compare
81
48
97
65
100

Population

1,023,153

Data freshness

Unknown

GDP / Output

+6.1% YoY

81

$105.4B

Output changed +6.1% in 2024.

Vintage date unknown

State growth6.3%
U.S. growth5.3%

Jobs

Unemployment rate

48

4.9%

Unemployment is 4.9% for April 2026.

Vintage date unknown

State avg4.8%
U.S. avg4.3%

Population

+7.9% 5-year

97

1,023,153

Population moved +7.9% over the latest ACS window.

Vintage date unknown

State population22,416,077
U.S. population334,922,499

Housing

Rent share of income

65

24.8%

Median rent consumes 24.8% of median household income: Affordable.

Vintage date unknown

State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$39.6K per resident

100

$39.4B

$39.4B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$324.9B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$39.4B

$39.6K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Health and Human Services$30.9B
2. Social Security Administration$4.5B
3. Department of Defense$2.0B

Top recipients

Dollars
1. CROWLEY GOVERNMENT SERVICES, INC.$351.5M
2. STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION$189.1M
3. BAE SYSTEMS JACKSONVILLE SHIP REPAIR LLC$135.9M

Affordable

Housing Affordability

24.8%

of median income

1BR estimate$1,210
2BR estimate$1,593
Median income$71,277
Median home value$303,500

ACS context

Quick Facts

Population

1,023,153

Median age

36.9

Bachelor's degree+

34.4%

Poverty rate

14.1%

Labor force participation

65.7%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+1.5%

GDP CAGR

+7.8%

Federal flow

5 years

Population (5 years)
2020948,651
2021983,153
2022995,708
20231,007,189
20241,023,153
GDP (5 years)
2020$72.4B
2021$80.6B
2022$91.0B
2023$99.3B
2024$105.4B

2-year linear forecast

Predictive Outlook

Population forecast

20241,023,153
20251,043,483 *
20261,060,787 *

R² = 94.4% · * projected

GDP forecast

2024$105.4B
2025$115.2B *
2026$123.6B *

R² = 99.3% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$71,277/yr
Median rent$1,475/mo
Rent share of income24.8%
Est. mortgage (30yr, 6.5%)$18,416/yr
Mortgage share of income25.8%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.9%
State avg4.8%
U.S. avg4.3%
Labor force participation65.7%
Poverty rate14.1%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$303,500
Median monthly rent$1,475
Price-to-rent ratio17.1x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score73/100
Economic growth81/100
Labor market48/100
Population momentum97/100
Overall stability71/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Duval County, Florida

County

Part of

Jacksonville, FL

Nearby locations

Jacksonville, FLOrange Park, FLBellair-Meadowbrook Terrace, FLAtlantic Beach, FLNeptune Beach, FL