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Economic Impacts

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Port of Jacksonville's Total Annual Economic Impact

65,000 jobs in Northeast Florida are related to port activity
$19 billion annually in economic impact

In Jacksonville alone, nearly 23,000 people are employed in port-dependent positions, jobs directly relying on the port. An additional 43,000 positions are related to cargo activity in the Port of Jacksonville; these are jobs within the region's manufacturing, retail, wholesale and distribution industries.

A study conducted in 2009 concludes these positions provide an average annual salary of $43,980, well above the Jacksonville average of $27,215 as cited by the Jacksonville Regional Chamber of Commerce.

Cargo activity in Jacksonville generates nearly $19 billion in total economic activity. The benefits are clear to those working in the maritime and related industries: $1.8 billion dollars in wages and salaries to those in jobs dependent on activity at the port and another $1.6 billion in personal income for those in positions related to the activity in the Port of Jacksonville throughout the region and state.

JAXPORT's marine facilities provide significant economic benefits to Northeast Florida through direct employment, sales and tax revenue, and through local firms that engage in international trade and travel.

Cruise Industry's Current Economic Impact in Jacksonville

The cruise industry in Jacksonville has created an estimated 460 new jobs and more than $67 million in new annual economic impact for Northeast Florida, according to a 2009 study completed by Martin Associates (see research methodology below). These projections are based on the current cruise service commitment to JAXPORT. About 85 percent of this impact is being realized in Duval County, while Nassau, St. Johns and Clay counties also benefit, according to the study.

Passenger and Crew Spending

More than 60 percent of the economic impact from cruise ships comes from passengers, many of whom stay in Jacksonville before or after their cruise. They spend money as tourists at hotels, restaurants, rental car agencies, taxi and car shuttle services, gasoline stations, shopping centers, golf courses and similar attractions. Additionally, each ship has more than 900 crewmembers, many of whom spend money while in port making purchases at area stores, eating at local restaurants, renting cars, taking taxis, and using area services.

Future Cruise Service Impact

Jacksonville's cruise industry could grow to create more than 2,700 jobs for the Jacksonville community and pump $1.5 billion into the local economy over the next 20 years, according to a 2004 study by Orlando-based Fishkind and Associates, Inc. The study states that this impact is contingent upon the Port Authority providing space for two large cruise ships to dock simultaneously in Jacksonville east of the Dames Point Bridge, something that JAXPORT is now reviewing. The jobs would include workers at the terminal handling luggage, customer service, parking and security, as well as jobs generated in the community to support passengers and crew members, such as ground transportation and hospitality. The $1.5 billion would be cumulative over the next 20 years, and primarily include spending from passengers and crew members, particularly for hotels, transportation, parking, restaurants and tourism.

Year Jacksonville Cruise Service Impact
2009 460 local jobs and $67 million annually for the Jacksonville economy
2025 2,799 local jobs and $1.5 billion in new dollars cumulatively from 2005-2025

Research Methodology

This data was compiled as part of a study conducted by Martin Associates, a widely-recognized expert in the evaluation of economic impacts created by maritime activity. The project lead, Dr. John Martin, has managed more than 300 port planning, market and economic impact studies for ports around the world.