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Labor Market Pulse
Jacksonville, FL Metro Edition
Focus: FINANCE
4.8%
Jacksonville metro unemployment
Aug 2026; vs. FL statewide 4.5% (seasonally adj.)
0.1%
JAX nonfarm job growth (YoY)
Aug 2025–Aug 2026; vs. FL statewide 0.6%
$1,836
FL financial activities avg weekly wage
Highest sector in FL; June 2026 (BLS via USAFacts)
2.1%
Finance & accounting salary growth (national)
2026 YoY; down from 3.6% in 2025 (Robert Half)
This Month's Takeaways
Advertised pay for FP&A Managers locally sits at $143,396 — roughly $16,000 above the national median and trending up significantly — consistent with Jacksonville's expanding financial services ecosystem competing hard for strategic planning talent. Organizations using national benchmarks to set FP&A compensation may be structurally underpriced in this market.
Local advertised Credit Analyst rates ($79,806, up significantly) now exceed the national median ($72,000, up moderately) by more than $7,000 — an unusual local premium that appears to reflect demand from Jacksonville's large banking and fintech presence. Finance leaders planning credit team headcount should treat national figures as a floor, not a ceiling.
Metro advertised rates for Billing Specialists are trending down (moderate) while national rates trend up (moderate) — a divergence that may signal either reduced local employer competition for this role or automation-driven demand compression. Current conditions suggest reviewing whether total rewards for this population remain competitive enough to prevent attrition to employers sourcing nationally.
Nationally, accounting and finance talent scarcity is driven by retirements, a declining CPA pipeline, and regulatory demand that cannot be deferred — not simply a cyclical hiring slowdown. Jacksonville's 0.1% year-over-year nonfarm job growth offers no cushion: the local candidate pool for credentialed Finance professionals is not meaningfully expanding, making retention as consequential as recruitment.
Local Labor Conditions
Jacksonville's labor market entered August in a low-growth holding pattern, with nonfarm payrolls rising just 0.1% year-over-year and the metro unemployment rate easing modestly to 4.8% — above the state's seasonally adjusted 4.5% — reflecting a market that is neither tightening nor meaningfully loosening. Continued net in-migration, a financial services sector accounting for more than 13% of local employment, and institutional expansions from firms such as ICE and GTE Financial are sustaining selective demand for Finance talent even as broad job creation remains subdued.
Leadership & Talent Implications
Sluggish overall payroll growth masks a sharper story inside Finance: advertised pay is bifurcating, with strategic and analytical roles accelerating while transactional and operational roles soften — a pattern that has direct implications for headcount cost planning and how Finance leaders structure teams entering FY2027 budget cycles. Current conditions suggest organizations should evaluate whether their compensation architecture for senior Finance roles — particularly FP&A and Credit — still reflects local market reality, given how far local advertised rates have moved from national reference points.
Advertised Pay Indicators
| Role | P25 | Median | P75 | Local Trend | National | Nat. Trend |
|---|---|---|---|---|---|---|
| Controller | $82,500 | $111,414 | $124,754 | ↓ Moderate decline | $112,500 | → Stable |
| Senior Accountant | $72,155 | $80,453 | $83,000 | → Stable | $87,731 | → Stable |
| Financial Analyst | $68,532 | $78,000 | $80,549 | → Stable | $82,905 | → Stable |
| Billing Specialist | $34,742 | $42,068 | $50,000 | ↓ Moderate decline | $49,700 | ↑ Moderate increase |
| Tax Specialist | $40,908 | $63,913 | $74,581 | ↑ Moderate increase | $66,725 | ↑ Significant increase |
| Credit Analyst | $71,731 | $79,806 | $82,974 | ↑ Significant increase | $72,000 | ↑ Moderate increase |
| FP&A Manager | $113,608 | $143,396 | $156,583 | ↑ Significant increase | $127,341 | → Stable |
Looking Ahead · Next 30–60 Days
Emerging pressure point
ICE's Jacksonville mortgage technology division expansion — requiring 500 net new roles — is moving from announced to active hiring, likely beginning to absorb mid-senior Finance and analytics talent from the local pool in Q4. Watch whether open Controller and Financial Analyst roles take longer to fill as institutional employers compete for the same credentialed candidates.
Potential inflection point
Tax Specialist advertised pay is rising both locally ($63,913, up moderate) and nationally (up significant), ahead of the traditional Q4 planning season. If national momentum continues into the fall, Jacksonville employers holding Tax Specialist compensation flat risk losing candidates to firms — including remote-hire national employers — willing to pay the accelerating market rate.
Worth watching
GTE Financial's first Duval County branch opens in late 2026, adding to the financial services hiring footprint at a time when the metro's labor market is already absorbing institutional demand. Even a modest number of Finance and operations hires from a single entrant can tighten a thin local candidate market; monitor time-to-fill for mid-level accounting roles as a leading indicator.
Early indicator
National Finance and accounting salary growth is projected to decelerate to 1.8% year-over-year in 2027 after posting 2.1% in 2026 — but that headline masks above-average growth in FP&A and tax specializations. Jacksonville's local advertised data already shows this divergence in motion; Finance leaders entering FY2027 headcount planning should model role-specific, not blended, compensation trajectories.
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