JACKSONVILLE, FLORIDA
One of the hottest in-migration metro areas, with more people moving to Jacksonville for a more suburban lifestyle in a small affordable market.
KEY STATISTICS
- Jacksonville is the largest city by area in the 48-states and the fourth-largest metropolitan area in Florida, being one of the country’s most dynamic and progressive cities
- The Bureau of Economic and Business Research (BEBR) at the University of Florida predicts that over the next ten years more than 800,000 new residents will move to the area
- Forbes ranks Jacksonville, Florida as the 22nd best place for business and careers and one of the best places for job growth in the entire U.S
- The Jacksonville real estate market and all of Northeast Florida is the hottest it’s ever been
- Rents in Jacksonville have increased by 20% in 2021
- Real estate investors looking for cash flow and equity growth over the long-term should benefit by owning good rental housing in Jacksonville due to the area’s strong job and population growth, and affordability