Quality of Life in Jacksonville, FL with an Income of $196,125

1. Overview of Cost of Living

• General Cost of Living: Jacksonville's cost of living is below the national average, offering residents a more affordable lifestyle.
• Comparison to National Average:
  • Housing, groceries, and transportation costs are generally lower.
  • Utilities and health care costs slightly above the national average in some instances.

2. Housing Market Assessment

• Home Price: As of 2023, the median home price in Jacksonville is significantly lower than the national average, providing more purchasing power for someone earning $196,125 annually.
• Market Trends: The housing market remains competitive but affordable; with that income, securing a comfortable and spacious home is feasible.

3. Quality of Life

• Affordability: High income relative to living costs allows for a comfortable lifestyle with opportunities for savings and discretionary spending.
• Lifestyle Options: Proximity to beaches, a warm climate, and numerous recreational and cultural opportunities enhance residents' quality of life.

4. Access to Healthcare

• Healthcare Facilities: Jacksonville boasts a strong healthcare sector with numerous hospitals and specialized care facilities.
• Affordability: While healthcare costs are slightly higher than the national average, the high income can easily offset these expenses, ensuring access to quality medical care.

5. Quality of K-12 Schools

• Education System: Jacksonville has a mix of public and private schools, with several highly rated institutions.
• Opportunities: Families have access to quality educational programs, including advanced placement and specialized courses, benefiting from the city's investment in education.

Summary Assessment

With an annual income of $196,125, residents of Jacksonville, FL, enjoy a high quality of life due to the city's relatively low cost of living. The housing market is favorable, allowing for more spacious and comfortable living accommodations. The city provides adequate healthcare and boasts a strong educational system, contributing to a well-rounded and enriching living experience. Overall, Jacksonville offers a financially advantageous and appealing environment for those earning this income.