Quality of Life in Jacksonville, FL on a $147,525 Annual Salary
Individuals earning $147,525 annually in Jacksonville, FL, experience a quality of life that balances well with the local cost of living. Below is an in-depth assessment of the various components influencing quality of life in this city compared to the broader United States.
Cost of Living
- Overall Affordability: Jacksonville’s cost of living is slightly below the national average, making it affordable for those with a substantial income.
- Utilities and Transportation: Utilities are reasonably priced, and public transportation options are limited but commuting costs remain competitive with national averages.
- Groceries and Dining: Grocery prices and dining costs are aligned with national averages, allowing for a comfortable lifestyle without financial strain.
Housing Market
- Home Prices: As of 2023, the median home price in Jacksonville is lower than the national median, providing more buying power.
- Rental Market: Rental rates are affordable compared to other large metropolitan areas, offering flexible housing options for residents.
- Investment Opportunity: Jacksonville’s real estate market is considered a good investment, with steady appreciation over recent years.
Quality of Life
- Entertainment and Recreation: The city offers diverse cultural attractions, beaches, parks, and recreational activities contributing to an enjoyable lifestyle.
- Community and Environment: Jacksonville boasts a friendly community atmosphere with a mix of urban and suburban environments.
- Climate: The climate is mild year-round, albeit with humid summers, which is appealing but may require a higher budget for cooling costs.
Access to Healthcare
- Healthcare Facilities: Jacksonville is home to several reputable hospitals and healthcare facilities offering quality medical services.
- Medical Costs: Healthcare costs are generally in line with national averages, benefiting those with comprehensive health insurance plans.
- Health Resources: Availability of specialized medical resources and clinics enhances healthcare access.
Quality of K-12 Schools
- Public Schools: Duval County Public Schools offer a range of quality educational options, with some schools exceeding national performance metrics.
- Private Schools: A variety of private schooling options are available, providing alternatives tailored to diverse educational needs.
- Education Initiatives: Investment in educational improvements and programs bolsters the area's overall educational quality.
Summary
Living in Jacksonville, FL, with an annual income of $147,525 offers substantial financial comfort. The lower cost of living, affordable