Florida transplants from California affect rental market - Jacksonville Business Journal

based on data from the U.S. Census Bureau and the IRS for the 2019 and 2020 tax filing years shows the average adjusted gross income for incoming residents to Orange County: from Los Angeles County in California , Cook County in Illinois and Bronx County in New York .

“The demand has been crazy and it’s just going to increase even more,” Richardson said."That’s why we’re seeing so many luxury apartments going up." Of course, not all newcomers from California are renting apartments, but Richardson pointed out that even if those new Floridians are buying homes, their ability to outbid local buyers means more renters who normally would be ready to transition to home ownership are remaining in the renter pool.

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See images of the annual Florida-Georgia game in Jacksonville - Jacksonville Business JournalHere's a gallery of photos from Georgia's victory over the Gators at TIAA Bank Field.
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Florida transplants from California affect rental market - Jacksonville Business JournalThe average adjusted gross income for incoming residents from out of state in many cases is much higher than that of local residents.
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Here's what’s next for the USS Orleck in Jacksonville - Jacksonville Business JournalThe historic ship will soon be host to multiple events and overnight guests as organizers try to keep the floating museum relevant.
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Here's what’s next for the USS Orleck in Jacksonville - Jacksonville Business JournalThe historic ship will soon be host to multiple events and overnight guests as organizers try to keep the floating museum relevant.
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Boeing gets $11M contract for additional P-8 work in Jacksonville - Jacksonville Business JournalBoeing gets $11M contract for additional P-8 work in Jacksonville
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