Pensacola, Florida (32501) is a great place to call home. The average 2 bedroom rent price for this area is $940 which is significantly lower than the US average of $1,430. This makes Pensacola an economical choice for anyone looking for housing options. Additionally, the grocery cost index in Pensacola is 94 versus the US average of 100 making it an attractive option for people on a budget when it comes to groceries. Local businesses in Pensacola include Pen Air Federal Credit Union, Navy Federal Credit Union, Baptist Hospital, and Sacred Heart Health System. There are also numerous restaurants and shops scattered throughout this lively city which makes Pensacola an attractive option to move to or visit.
Pensacola (zip 32501) has an unemployment rate of 4.3%. The US average is 6.0%.
Pensacola (zip 32501) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 42.0%, which is higher than the US average of 33.5%.
Tax Rates for Pensacola (zip 32501)
- The Sales Tax Rate for Pensacola (zip 32501) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Pensacola (zip 32501) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pensacola (zip 32501)
- The average income of a Pensacola (zip 32501) resident is $27,406 a year. The US average is $37,638 a year.
- The Median household income of a Pensacola (zip 32501) resident is $32,541 a year. The US average is $69,021 a year.