Zip 32502 (Pensacola, FL) Economy


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Pensacola, FL 32502 is a great city for those on a budget. The two bedroom rent in Pensacola is a competitive $1,120 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in this city is 94 compared to 100 nationally, making it an affordable option for grocery shopping. Notable local companies include World Technology Corporation which specializes in IT services and solutions, and America’s First Network which focuses on professional infrastructure projects. In short, Pensacola offers plenty of job opportunities while being cheaper than many other cities across the US.

Pensacola (zip 32502) has an unemployment rate of 4.3%. The US average is 6.0%.

Pensacola (zip 32502) 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 32502)
- The Sales Tax Rate for Pensacola (zip 32502) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Pensacola (zip 32502) 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 32502)
- The average income of a Pensacola (zip 32502) resident is $38,679 a year. The US average is $37,638 a year.
- The Median household income of a Pensacola (zip 32502) resident is $60,113 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPensacola, FloridaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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