Housing Report for Jacksonville

The residential housing values in Jacksonville, North Carolina have experienced moderate increases from the housing values in 2000. The residential values have increased by $16,000, or 18.6 percent, since 2000 when their medians were reported to be $85,900.

Jacksonville recorded a median home value in 2005 of $101,900, reported by the American Community Survey. This home value is less than the overall North Carolina 2005 home value of $127,600 and less than median home value of $167,500 across the nation during that year.

There is a large amount affordable residential real estate in Jacksonville, North Carolina. In 2005, 66.9 percent of housing was valued under $125k.

In Jacksonville, the census reported 62,017 homes in 2005. The metro area has experienced a medium-high growth level in the number housing units, adding all together 4,754 residential units since 2001, or 8.3 percent.

When comparing areas across the State of North Carolina, Jacksonville ranks 6 of the 14 metro areas by percentage growth in residential real estate. The metro area is positioned 90 of 361, comparing the percentage change in residential real estate in other US MSAs.

Jacksonville is made up of a medium percentage of high-priced residential real estate. For the year 2005, the American Community Survey reported that 2.4 percent of the houses were valued over a half a million dollars.

Data Source: U.S. Census Bureau

Employment Report for Jacksonville, North Carolina -- Annual 2005 Industry Summary

Management of companies and enterprises is the industry that has grown the most in terms of employment from 2001-2005 in Jacksonville, changing a total of 216.3 percent. This is greater than the change of total jobs in the industry for the United States of 1.6 percent. The State of North Carolina went through a industry job change of -11.3 percent, from 2001 to 2005.

Management of companies and enterprises is the industry with the largest establishments in Jacksonville MSA, with the industry averaging 39 jobs per place of business. This is less than the industry's national average of 40 and less than the North Carolina establishments size average of 50 for the Management of companies and enterprises industry.

Administrative and waste services since the year 2001 lost the most jobs in the Jacksonville Metropolitan Area. The industry was hit with a loss of 630 jobs during the period, or 22 percent of industry's employment. The industry declines made up 51.7 percent of the total loss in employment during the period.

In Jacksonville, Retail Trade, Accommodation and food services, and the Health care and social assistance industries have the largest percent of jobs of all industries. The Retail Trade is the major employer in the Metropolitan Area making up 22.9 percent of all the jobs in the Metropolitain Area. This makes up 6,601 employees. The Accommodation and food services and Health care and social assistance industries total 19.7 and 11.8 percent of the total jobs, respectively.

A top paying industry in Jacksonville is the utilities industry with an average annual wage of $49,150. In the Metropolitan Area since the year 2001, the annual average wages in the industry have grown by 8.6 percent or $3,899. The State of North Carolina reflects a similar employment climate in the utilities industry, ranking near the top of industries in terms of 2004 annual average wages.

In Jacksonville, Accommodation and food services, Retail Trade and Utilities are the three industries with the highest location quotients. The Accommodation and food services industry has a US LQ in the region of 2.01. The percent of employment in the Accommodation and food services industry is 2.01 times the percent of the national average, This signifies that Jacksonville may specialize, or be an exporter of Accommodation and food services.





Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).