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Nassau County, FL

Yulee

RANK #747 / 996 NAT  ·  #17 / 41 FL  ·  POP 91,538

1YR FORECAST: -0.6%

5YR OUTLOOK: +17%

#25 Fastest Growing
Our model projects Nassau County's housing market at -0.6% over the next year, underperforming most U.S. counties.

[01] Why Nassau County?

Fernandina Beach, on Amelia Island, stands out in Nassau County with its historic Victorian architecture and designation as the only place in the U.S. to have been governed under eight different flags. Located in the northeastern corner of Florida, Nassau County is about 25 miles from Jacksonville International Airport, offering a blend of coastal living and rural charm. The community maintains a small-town feel, with residents often appreciating the sense of connection and local events. Outdoor recreation is a significant draw, with miles of beaches on Amelia Island, kayaking and fishing opportunities in the St. Marys and Nassau Rivers, and extensive nature trails in areas like Four Creeks State Forest and Fort Clinch State Park.

Life in Nassau County appeals to families and retirees seeking a quieter pace. The public schools in Nassau County are highly rated, contributing to its appeal for families. While public transportation options exist, such as Nassau Transit and Nassau Express Select for commutes to Jacksonville, personal vehicles are generally necessary for most errands. The economy is experiencing growth, driven by tourism, manufacturing, and healthcare, with major investments flowing into industrial and commercial sectors. This development is bringing new businesses and amenities to the area.

[02] Market Snapshot

Housing Ratio
7.4x

Overvalued relative to economy

GDP Growth
+4.6%

Well above national median

Home Prices
-2.5%

Prices declining

Climate & Terrain
2.0

Moderate climate & terrain

Price/Rent
12x

Below national median (13x)

Housing looks overvalued at 7.4x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Nassau County School District Education
    1,000+
  2. 2
    Omni Amelia Island Resort Hospitality
    500+
  3. 3
    Federal Aviation Administration (FAA) Government
    250+
  4. 4
    Nassau County Government Government
  5. 5
    Baptist Medical Center Nassau Healthcare
  6. 6
    City of Fernandina Beach Government
  7. 7
    WestRock Manufacturing
  8. 8
    Rayonier Agriculture
  9. 9
    RYAM (Rayonier Advanced Materials) Manufacturing
  10. 10
    The Ritz-Carlton, Amelia Island Hospitality

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Nassau County U.S. National

The Numbers

DEMOGRAPHICS
Population
91,538
+3.44% YoY
Median Household Income
$84,085
Median Home Value
$306,800
-2.46% 12mo
Median Rent
$1,171
Average Annual Pay
$56,807
+6.4% YoY
Employment
27,451
+2.6% YoY
Income-to-Home-Value
0.2741
More affordable than average
Migration Inflow
2.51%
of pop. from another state
Bachelor's Degree+
32.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$508,537
Days on Market
105
Slower market
Months of Supply
5.4
Buyer's market
Sale-to-List Ratio
95.8%
Negotiation room for buyers
Sold Above List
4.0%
Listings w/ Price Drops
23.3%
Building Permits (2024)
953
Single-Family Permits
925

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

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.3
per 100K · nat avg 6.3
Firearm Fatalities
14.9
per 100K · nat avg 14.8
Injury Deaths
100.5
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$749M
TOTAL
PROJECT AMOUNT STATUS
NextNRG Nassau County Data Center Campus & Smart Microgrid
NextNRG
$500M Planned
FPL Thomas Creek Solar Energy Center
Florida Power & Light (FPL)
$74M Operating
Nassau Solar Center
Florida Power & Light (FPL)
$74M Operating
Wildlight Development Natural Gas Infrastructure Expansion
Chesapeake Utilities Corporation (Florida Public Utilities & Peninsula Pipeline Company)
$50M Under Construction
Wildlight Master-Planned Community
Unknown
$50M Under Construction

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

[07] Score Breakdown

GDP Growth +4.6% 80 percentile
Population Growth +3.4% 97 percentile
Income Growth +8.5% 50 percentile
Vacancy Rate 0.8% 70 percentile
Home Price Change -2.5% 12 percentile
Rent Growth +3.5% 60 percentile
Price/Rent 12x 67 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

At 24/100, Nassau County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $84,085 combined with job growth of +2.6% suggests the local economy is struggling to keep pace with national trends.

Is Nassau County affordable?

Housing in Nassau County is roughly in line with national affordability norms. The median home costs $306,800 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,171/month. Not a bargain, but not a stretch for most local earners either.

Is Nassau County growing or shrinking?

Nassau County is growing on multiple fronts. Population is up +3.4% year-over-year while employers added jobs at a +2.6% clip. Home values shifted -2.5% in the past year.

Are people moving to Nassau County?

There's a moderate stream of newcomers. About 2.51% of residents moved from another state, which is above average and suggests Nassau County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

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