Living in Pensacola, Florida
Cost of living, income, home prices, rent and demographics of Pensacola · Census data 2020–2024
Pensacola has 54,036 residents with a median age of 41.3. The median household income is $74,212 (about the same as the Florida median), the median home value is $314,400, the median rent is $1,322/month.
Pensacola at a glance
- Population
- 54,036
- Median age
- 41.3State: 42.6
- Median household income
- $74,212State: $74,568
- Median home value
- $314,400State: $359,000
- Median rent
- $1,322/moState: $1,669
- Homeowners
- 64.2%
- Bachelor's degree or higher
- 43%
- Average commute
- 22 min
Is Pensacola a good place to live?
Pros: Home values 12% lower than the state median; an average commute of 22 minutes; a poverty rate of 12.6%.
Cons: Median household income about the same as the Florida median; unemployment of 6.3%.
The weather is best in March–April and October–November.
Cost of living in Pensacola
Housing is the biggest part of the cost of living. In Pensacola the median home value is $314,400, 6% lower than the U.S. median. Renters pay a median of $1,322 per month, which is 30.7% of household income. Homeowners with a mortgage pay $1,804 a month in housing costs.
Pensacola median household income
The median household income in Pensacola is $74,212 and the income per person is $48,536. 12.6% of residents live below the poverty line (Florida: 12.6%).
Housing in Pensacola: homes for sale and rent
- Housing units
- 28,298
- Owner-occupied
- 64.2%
- Renter-occupied
- 35.8%
- Vacant
- 11.3%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.12
Pensacola demographics
- Population
- 54,036
- Median age
- 41.3
- Under 18
- 18.7%
- 65 and older
- 21.3%
- Households
- 25,109
- Foreign-born
- 5.1%
- Veterans
- 12.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Pensacola ›
Education in Pensacola
43% of adults 25 and older in Pensacola have a bachelor's degree or higher (Florida: 34.1%), and 18.1% have a graduate or professional degree.
Jobs and commute in Pensacola
- Unemployment rate
- 6.3%State: 4.8%
- Average commute
- 22 minState: 28 min
- Work from home
- 16.7%
- Drive alone
- 72.9%
- Public transit
- 0.7%
- Walk to work
- 1.2%
- Homes with broadband
- 92.4%
Pensacola vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Pensacola | 54,036 | $74,212 | $314,400 | $1,322 |
| Goulding | 3,734 | $29,368 | $89,700 | $1,106 |
| Brent | 23,813 | $49,167 | $159,900 | $1,161 |
| West Pensacola | 20,665 | $40,511 | $116,100 | $1,138 |
| Gulf Breeze | 6,660 | $104,050 | $505,600 | $1,536 |
| Ferry Pass | 30,053 | $61,689 | $260,100 | $1,383 |
| Garcon Point | 563 | $108,983 | $357,800 | — |
| Myrtle Grove | 15,595 | $67,647 | $186,100 | $1,391 |
| Oriole Beach | 2,005 | $88,154 | $326,000 | $2,023 |
More for people moving to Pensacola
Pensacola ZIP code ›Weather and climate ›Living in Pensacola: FAQ
What is the median household income in Pensacola, FL?
The median household income in Pensacola is $74,212, about the same as the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Pensacola?
The median home value in Pensacola is $314,400, compared with $359,000 in Florida.
How much is rent in Pensacola?
The median gross rent in Pensacola is $1,322 per month, about 30.7% of household income.
Is Pensacola, FL a good place to live?
Pluses: home values 12% lower than the state median; an average commute of 22 minutes; a poverty rate of 12.6%. Minuses: median household income about the same as the Florida median; unemployment of 6.3%.
What is the median age in Pensacola?
The median age in Pensacola is 41.3 years (Florida: 42.6).
How long is the commute in Pensacola?
The average commute to work in Pensacola is 22 minutes; 16.7% of workers work from home.
What is the unemployment rate in Pensacola?
The unemployment rate in Pensacola is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pensacola?
43% of adults in Pensacola have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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