Quality of Life Assessment in Jacksonville, FL for an Annual Income of $218,475

Cost of Living

• Lower Than National Average: Jacksonville, FL, generally has a lower overall cost of living compared to the national average. This results in more discretionary income for someone earning $218,475 per year.
• Affordable Groceries and Services: Daily expenses such as groceries, utilities, and services tend to be more affordable, allowing for a higher quality of life without consuming a major portion of income.
• Lower State Taxes: Florida does not have a state income tax, enhancing the disposable income of residents.

Housing Market

• Competitive Housing Prices: The housing market in Jacksonville offers relatively affordable options compared to many other metropolitan areas in the United States.
  • Median home price in Jacksonville is generally lower compared to the national median.
  • Opportunities for purchasing larger homes or homes with land at favorable prices.
• Investment Potential: With a growing economy and increasing interest in the area, real estate investment could yield favorable returns.

Quality of Life

• Vibrant Urban and Natural Environment: Jacksonville offers a balanced mix of urban amenities and natural beauty with its beaches, parks, and cultural venues.
• Pleasant Climate: The subtropical climate provides warm weather throughout the year, though it can have occasional extreme weather events like hurricanes.
• Recreational Activities: Plenty of recreation opportunities including golf courses, water sports, and a burgeoning arts scene.

Access to Healthcare

• Comprehensive Healthcare Facilities: Jacksonville hosts several well-regarded hospitals and medical centers providing a wide range of services.
• Availability of Specialists: The city's healthcare system includes access to numerous specialists and advanced medical care options.
• Affordability: While healthcare is generally accessible, costs can vary, with insurance playing a significant role in affordability.

Quality of K-12 Schools

• Diverse Schooling Options: A mix of public, private, and charter schools offers diverse educational opportunities.
• High-Performing Schools: Some public schools and magnet programs receive high ratings, though there is variance across different neighborhoods.
• Support for Families: Extracurricular activities, sports programs, and support services are commonly available, contributing to a well-rounded educational experience for children.

Summary

For someone earning $218,475 per year, Jacksonville, FL presents a favorable quality of life with a