Cost of Living,
Pensacola's Real Estate Market
Pensacola-Ferry Pass-Brent Metro Area
Profile: Beach city/Military town
Location: Western tip of Florida Panhandle on Pensacola Bay along the Gulf Coast
Time zone: Eastern Standard Time
|Nearby beaches||Arts and culture|
|Historic interest||Hurricane risk|
|Cost of living ||Growth and sprawl|
Because of the strategic location and harbor protection, Pensacola has a rich and varied history. It has “changed hands” among nations 13 times, with periods of French, British, and Spanish occupation. A lumber boom in the late 1800’s also left its mark on architecture and historic sites. Today the city has a strong military presence with the Pensacola Naval Air Station, headquarters of the Blue Angels. Educational attainment is fairly high for a town of this type, and the 9000-student University of West Florida adds a college town element.
Santa Rosa Island, a barrier island containing the white sand beaches of the Gulf Island National Seashore, is a major draw for beach and water sports. The area has a distinct Southern flavor, and many refer to the entire Florida Panhandle as “LA” – Lower Alabama. Ferry Pass and Brent are suburbs north of downtown Pensacola, the former being the larger and more prosperous of the two. Cost of living and home prices are among the lowest in the state, especially for a beach area.
Pensacola is situated on a sandy slope bordering the Pensacola Bay breakwater. The Gulf of Mexico moderates the climate year-round. Summer temperatures are in the 80’s and 90’s, with an occasional 100-degree day if sea breezes diminish. Winter highs are usually in the 50’s. Freezing temperatures may occur December through February, but extended cold waves are infrequent. Rainfall is usually well distributed through the year, but is heaviest in July and August. Fall is relatively dry. Summer rain comes as thunderstorms while winter rains are lighter but occur over longer periods. Snow is observed in 3 out of 10 winters but measurable amounts are rare. Gulf hurricanes are a risk from early July to mid-October.
Interesting Facts about Pensacola, Florida
As of 2014, Pensacola's population is 52,246 people. Since 2000, it has had a population growth of -6.75 percent.--------------------
The median home cost in Pensacola is $100,400. Home appreciation the last year has been 1.80 percent.--------------------
Compared to the rest of the country, Pensacola's cost of living is 11.60% Lower than the U.S. average.--------------------
Pensacola public schools spend $10,005 per student. The average school expenditure in the U.S. is $12,435. There are about 15.7 students per teacher in Pensacola.--------------------
The unemployment rate in Pensacola is 5.50 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Pensacola jobs have Increased by 2.04 percent.
Ranked #8 Hurricane Hotspots
Ranked #9 High Gas Prices - Which Cities are Hit the Hardest?
Ranked #14 2005 High Gas Prices
Ranked #49 America's Migraine Hot Spots
Ranked #50 America's Best and Worst Cities for Crime (Mid-Size Metro Areas)
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Average Commute time is 19 minutes. The National Average is 25 minutes.--------------------
Pensacola's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes