Zip 32508 (Pensacola, FL) Economy


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Pensacola, FL 32508 is an ideal place to live for those looking for a balance of convenience and affordability. The average rent for a 2 bedroom apartment is $1,480, which is still significantly lower than the national average of $1,430. Grocery costs are also competitive with an index score of 96 compared to the US average of 100. This city has a variety of local businesses and attractions to enjoy. Some popular destinations include the Pensacola Interstate Fairgrounds, Five Flags Speedway, and Gulf Breeze Zoo. There are also several renowned restaurants like McGuire’s Irish Pub & Brewery and The Fish House that provide great local food options. Not only will residents enjoy the convenience of living in a vibrant community but also have access to plenty of recreational activities like golfing at Osceola Golf Course or biking through Big Lagoon State Park. With many amenities to explore, Pensacola provides its residents with endless possibilities for leisure and entertainment.

Pensacola (zip 32508) has an unemployment rate of 4.9%. The US average is 6.0%.

Pensacola (zip 32508) 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 41.4%, which is higher than the US average of 33.5%.

Tax Rates for Pensacola (zip 32508)
- The Sales Tax Rate for Pensacola (zip 32508) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Pensacola (zip 32508) 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 32508)
- The average income of a Pensacola (zip 32508) resident is $22,678 a year. The US average is $37,638 a year.
- The Median household income of a Pensacola (zip 32508) resident is $53,063 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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