Quality of Life in Jacksonville, FL with a $191,550 Salary
Understanding the quality of life in Jacksonville, FL, for someone earning $191,550 annually involves examining various factors including cost of living, the housing market, healthcare access, and education quality. Here’s a detailed overview:
Cost of Living
- Overall Affordability: Jacksonville is frequently listed as more affordable compared to many other major U.S. cities. The cost of living is generally lower than the national average, benefiting those with a six-figure income.
- Expenses Breakdown:
- Groceries & Dining: Generally priced below national averages. Dining out and grocery purchases typically cost less, providing budget flexibility for discretionary spending.
- Utilities & Transportation: Utilities are close to the national average, but transportation costs can be slightly higher due to the necessity of owning a vehicle.
Housing Market
- Home Prices: As of recent data, the median home price in Jacksonville is significantly lower than the U.S. median. With a $191,550 income, homeownership is comfortably within reach, with opportunities to purchase in desirable neighborhoods.
- Renting vs. Buying: Both options are accessible, but buying may be more advantageous given current market stability and potential for property value appreciation.
- Property Taxes & Insurance: These are typically reasonable, making homeownership more attractive financially.
Quality of Life
- Community & Lifestyle: Jacksonville offers a blend of urban and suburban living. Its proximity to beaches and entertainment venues enhances lifestyle quality.
- Recreational Opportunities: Residents have access to numerous parks, golf courses, and cultural events, contributing to a high quality of life.
Access to Healthcare
- Healthcare Facilities: The city boasts several highly-rated hospitals and healthcare facilities, providing excellent medical services.
- Insurance & Care Costs: While competitive local prices are offered, healthcare remains a significant budget item, albeit manageable with this income level.
Quality of K-12 Schools
- Public Education System: Jacksonville schools vary widely, with some highly-rated institutions but also less well-performing ones. The quality of education can depend significantly on the neighborhood.
- Private School Options: Those seeking higher-rated education often turn to private schools, which are numerous and well-regarded in the region.
Overall Assessment
The city of Jacksonville, FL provides a robust quality of life for individuals making $191,550 annually