6 / 100

Duval County, FL

RANK #933 / 996  ·  POP 995,708  ·  FL

PROJECTED GROWTH: -2.3%

Duval County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Duval County?

Duval County, Florida, is often recognized for Jacksonville, its largest city, which holds the distinction of being the largest city by land area in the continental United States. Located in Northeast Florida, the county stretches along the Atlantic Ocean and is bisected by the St. Johns River. Commuting within the county is primarily by car, though the Jacksonville Transportation Authority (JTA) offers bus, shuttle, trolley, and paratransit services, including a Skyway monorail in downtown Jacksonville. The community offers a blend of urban, suburban, and coastal living. Outdoor recreation is a significant draw, with miles of sandy beaches at Jacksonville Beach, Neptune Beach, and Atlantic Beach, and opportunities for boating, fishing, kayaking, and hiking in preserves like the Timucuan Ecological and Historic Preserve and Kathryn Abbey Hanna Park.

Life in Duval County appeals to families and young professionals, with public schools generally performing above average. The economy is experiencing growth, driven by sectors such as advanced manufacturing, healthcare, and transportation and logistics. Major investments are flowing into commercial and residential developments, as well as energy infrastructure. The region's infrastructure, including interstates, railroads, and JAXPORT, a deep-water port, supports its role as a logistics and trade hub.

[02] Market Snapshot

Housing Ratio
3.0x

Undervalued relative to economy

GDP Growth
+3.2%

Above national median

Home Prices
-3.5%

Prices declining

Climate & Terrain
2.3

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 3.0x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Duval County U.S. National

The Numbers

DEMOGRAPHICS
Population
995,708
+1.28% YoY
Median Household Income
$65,579
Median Home Value
$251,300
-3.51% 12mo
Median Rent
$1,293
Average Annual Pay
$71,652
+4.5% YoY
Employment
563,527
+1.2% YoY
Income-to-Home-Value
0.261
More affordable than average
Migration Inflow
2.68%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$305,000
Days on Market
83
Slower market
Months of Supply
4.5
Balanced market
Sale-to-List Ratio
96.9%
Negotiation room for buyers
Sold Above List
12.7%
Listings w/ Price Drops
29.9%
Building Permits (2024)
6,495
Single-Family Permits
5,134

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,780M
TOTAL
PROJECT AMOUNT STATUS
JEA Natural Gas-Fired Power Plant
JEA
$1,570M Planned
Downtown Northbank Hotel, Conference Center and Office Plaza
Corner Lot and Aspect Holdings LLC
$160M Proposed
Duval County Public Schools Headquarters Redevelopment (Luxury Condos, Retail, Restaurants)
Chase Properties
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.2% 60 percentile
Population Growth +1.3% 78 percentile
Income Growth +10.1% 81 percentile
Vacancy Rate 1.7% 16 percentile
Home Price Change -3.5% 7 percentile
Rent Growth +0.5% 14 percentile
Price/Rent 13x 52 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Duval County, FL a good place to move to?

Duval County has a Boom Town Index score of 6/100, ranking #933 among 996 U.S. counties. With job growth at +1.2% and a median household income of $65,579, it faces some economic headwinds compared to faster-growing counties.

Is Duval County affordable?

The median home value in Duval County is $251,300 with median rent at $1,293/month. The income-to-home-value ratio is 0.261, which is more affordable than the national average.

Is Duval County growing or shrinking?

Population growth: +1.3% year-over-year. Job growth: +1.2%. Home values changed -3.5% in the past 12 months.

Are people moving to Duval County?

Yes — 2.68% of Duval County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

San Diego County, CA 16 Montgomery County, TN 16 Alameda County, CA 16 Lyon County, NV 16 Coryell County, TX 16 Lake County, FL 16 Josephine County, OR 16 Hunt County, TX 16