JAXUSA Partnership’s regional focus includes the seven counties of Northeast Florida. With 1.7 million residents, the region offers endless opportunities and a superior quality of life. The Jacksonville area continues to experience positive growth as more people discover its perfect balance between business opportunities and lifestyle.
The Region’s Leading Financial Services & Insurance Employers
EY looked across the country for the No. of employees best site for a new service delivery center. We needed a substantial BANK OF AMERICA MERRILL LYNCH – Banking and investments 7,700 number of college graduates across FLORIDA BLUE – Health insurance 7,000 a wide range of majors. Jacksonville easily emerged as our best CITI – Consumer finance 4,200 option for a 450-job center. FIDELITY NATIONAL FINANCIAL/ FIS/ BLACK KNIGHT SERVICES – Title insurance and 4,200 -- Mike Middleton, Managing Partner, EY IT solutions
JP MORGAN CHASE – Banking and mortgage 3,900
“The combination of Jacksonville’s WELLS FARGO – Banking 3,500 business and family-friendly climate have been key success DEUTSCHE BANK – Financial services 2,000 factors in attracting top talent to our company. It’s the talent that TIAA BANK– Banking 2,000 enables us to advance the way the world pays, AETNA – Health insurance 1,700 banks and invests. We are committed to Jacksonville, home of our global headquarters, VYSTAR CREDIT UNION – Credit union 1,400 and are excited to continue deepening our roots in the community.” CITIZENS PROPERTY INSURANCE – Insurance 1,040 -- Gary Norcross, President and CEO, FIS ALLY FINANCIAL – Auto finance 1,000
PRUDENTIAL FINANCIAL – Financial advisors 900
FIDELITY INVESTMENTS – Investments 900
Financial Services Support ALLSTATE – Insurance 800 Investment Banking Mortgage Sales and Service CIT – Equipment finance and leasing 625 Software Development ERC – Debt recovery 600
PNC FINANCIAL SERVICES GROUP – Banking 540 FORTUNE FORTUNE 51000 3500 DITECH FINANCIAL – Mortgage services 500 AMERIS BANK – Bank 500
+ NATIONAL OR DIVISIONAL ADT SECURITY SYSTEMS – Financial customer service center 500 80 HEADQUARTERS SS&C ADVENT – Investment management software 500
Jacksonville is home to four Fortune 1000 U.S. BANK – Banking and financial services 500 and three Fortune 500 company headquarters. More than 80 local TIME magazine ranked Jacksonville as the companies have national or divisional nd headquarters in Jacksonville. 2 Most Up-and-Coming City in America.
BAKER CLAY DUVAL FLAGLER NASSAU PUTNAM ST. JOHNS 3 Independent Drive Jacksonville FL 32202 904.366.6600 jaxusa.org FINANCIAL SERVICES
Source: C2ER, Cost of Living Study 2019
More than 60,000 people are 20 major banks, insurance and employed in Jacksonville’s financial investment services firms on the services industry Forbes Global 500 list have operation Plug-and-play office solutions with centers in JAX competitive lease rates and low taxes
Median Financial Services and Insurance Salaries in Jacksonville
JAX NYC JAX NYC
Accountants and Auditors $61,500 $86,100 Insurance Claims and Policy Processing Clerks $33,500 $46,900
Bill and Account Collectors $27,900 $44,300 Insurance Sales Agents $57,400 $65,800
Bookkeeping, Accounting, and Auditing Clerks $36,300 $46,100 Insurance Underwriters $62,300 $86,300
Brokerage Clerks $53,800 $59,300 Loan Interviewers and Clerks $44,200 $43,700
Claims Adjusters, Examiners and Investigators $61,100 $72,100 Loan Officers $70,700 $90,700
Credit Analysts $65,600 $102,900 Management Analysts $69,200 $99,900
Customer Service Representatives $31,100 $38,600 Market Research Analysts and Marketing Specialists $55,300 $75,000 Securities, Commodities & Financial Services Financial Analysts $68,400 $110,300 $85,400 $135,800 Sales Agents Financial Managers $128,300 $188,000 Training and Development Specialists $57,100 $69,400
BAKER CLAY DUVAL FLAGLER NASSAU PUTNAM ST. JOHNS 3 Independent Drive Jacksonville FL 32202 904.366.6600 jaxusa.org FINANCIAL SERVICES
Young & Dynamic Workforce Northeast Florida’s population is more than 1.7 million and the total workforce is comprised of 845,000 people. The median age in Jacksonville is 38, providing a young and dynamic workforce equal in age to the national average and three years lower than the Florida average. Steady Stream of Skilled Workers Our region employs 60,000 people in financial services in a variety of front, middle and back office functions within banking, investments, mortgage and insurance sectors. Research shows Jacksonville continues to be a top area for attracting young professionals.
Home to the # 1 School District CEO Magazine recognized Jacksonville is home to St. Johns County, the #1 ranked school JU’s EMBA program as a district in Florida.
One of the Best Places to Attend college Nationwide There are more than 20 colleges, universities and community colleges Tier 1 Program in the area with a total enrollment of more than 65,000 students. Flagler College, University of North Florida and Jacksonville University consistently ranked on U.S. News & World Report’s “Best Regional Colleges and Universities.”
Major Colleges and Universities in or near Jacksonville
Associate Bachelor Graduate Enrollment Degrees Degrees Degrees
University of North Florida (UNF) 16,776 210 3,231 691
Jacksonville University (JU) 4,213 -- 706 467
Florida State College at Jacksonville (FSCJ) 23,413 3,234 819 --
Flagler College 2,689 -- 629 5
St. Johns River State College 7,503 950 103 --
University of Florida (UF) 52.218 301 8,634 6,336
University of Central Florida 68,475 414 13,343 2,749
Florida State University (FSU) 41,005 183 8,791 2,924
Florida A&M (FAMU) 10,021 40 1,258 643
BAKER CLAY DUVAL FLAGLER NASSAU PUTNAM ST. JOHNS 3 Independent Drive Jacksonville FL 32202 904.366.6600 jaxusa.org FINANCIAL SERVICES
JAX NAP Affordable Construction & Real Estate
Annual real estate lease rates are provides reliable network access and Connecting to JAX below most major metro areas, averaging connectivity through instead of traditional cities like Atlanta % % and Miami can save 15 $21.30 8.6 customers 20-30% < U.S. AVERAGE PER SQ. FT in operating costs. Cost of Constructing VACANCY RATE REDUCED RISK LOWER COST New Facilities CLASS A CLASS A
Jacksonville International Airport (JAX) Positive Tax Advantages
+ + $ CORPORATE FRANCHISE TAX 100 30 300 STATE PERSONAL INCOME TAX NON-STOP DIRECT U.S. MILLION NO TAXES ON INVENTORIES DAILY FLIGHTS AIRPORTS in Infrastructure Improvements
Top City for Relocating Jacksonville is ranked #2 in Realtor.com’s New Hot Spot Where Americans are Moving. The average commute time to work is only 25 minutes. The average cost of a newly constructed 2,400 square foot home in Jacksonville is only $244,669. Our region boasts more than 106 “A-rated” schools with a proven track record of superior performance.
Sporting Events for the Whole Family Sports enthusiasts can cheer for the NFL Jacksonville Jaguars, the Jacksonville Jumbo Shrimp Double-A baseball team and the Armada FC soccer team. The region also features more than 85 elite golf courses, including famed THE PLAYERS Stadium Course at TPC Sawgrass and the World Golf Hall of Fame.
World-Class Health Care Our region offers a world-class health care system, home to one of only three Mayo Clinic campuses and one of six MD Anderson Cancer Center partnerships in the country and several other distinguished area hospitals and medical research facilities.
Top Arts & Culture Destination The JAXUSA Partnership is the Jacksonville regional economic Jacksonville is consistently ranked a top development initiative supporting Baker, Clay, Duval, Flagler, city for arts and culture. Art lovers will Nassau, Putnam and St. Johns Counties. Let us know how we can appreciate the Museum of Contemporary Art, Cummer Museum of Art & Gardens, help grow your company in Jacksonville and Northeast Florida by and more. The area is also home to several contacting: performing arts venues and the world- renowned Jacksonville Symphony Greg Anderson, Vice President Orchestra. 904.366.6667 or [email protected]
BAKER CLAY DUVAL FLAGLER NASSAU PUTNAM ST. JOHNS 3 Independent Drive Jacksonville FL 32202 904.366.6600 jaxusa.org