Pensacola, Florida
Escambia County Real Estate - Pensacola
Pensacola is in North West Florida. It's population as recorded in the 2010 Census was 51,923.
The median age for residents of Pensacola is 42.6. Around 23.7% of Pensacola households include school aged children and 29.6% of households include individuals aged 65 years or over. Census records indicate 66.3% of the Pensacola population are White, 27.9% are Black or African American, .5% American Indian, 1.9% Asian and 2.3% are Two or more Races.
There are 26,848 housing units in Pensacola. 3,256 (12.1%) of these were reported as vacant in the 2010 Census. There are 10,359 residential rental units in Pensacola. 9,052 of them were occupied in 2010 providing a residential rental vacancy rate of 12.2%.
Pensacola links:
Pensacola is located in Escambia County. It has a population of approximately 51,923 people. The population increased 0.8% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 1.7% for Escambia County and a 1.7% increase for the country as a whole. Pensacola occupies 22.54 of the 656.46 square miles in Escambia County. It had a population density of 2303.5 persons per square mile in 2010. This compared to 453.4 for the county, 350.6 for Florida and 87.4 for the country.
19.7% ( 26,848) of the 136,551 housing units in Escambia County are in Pensacola (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Pensacola has a 63.5% homeownership rate compared to Escambia County's 67.3% homeownership rate and Florida's rate of 69.0%.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
Florida | 18,801,310 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
Escambia County | 297,619 | $8,505 | 1.7% | $43,707 | 136,551 | $145,000 |
Pensacola | 51,923 | $2,142 | 0.8% | $44,628 | 26,848 | $165,800 |
Pensacola's medium household income in 2011 was $44,628. Escambia County's medium household income was $43,707, which is lower than the medium income for Florida as a whole: $47,827. 16.3% of the population in Pensacola lives below the poverty line, compared to 14.7% in Florida, 16.9% of the population in Escambia County and 14.3% nationwide. Additional Information:
Pensacola Economic Activity
The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Pensacola. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $2,142 million, Pensacola's economic activity represents 25.18% of Escambia County's $8,505MM in economic activity. Escambia County represents 1.35% of the Florida economy.
Activity | Value (Millions) | Percentage |
---|---|---|
Manufacturers shipments | $301 | 14.0% |
Merchant wholesaler sales | $472 | 22.1% |
Retail sales | $1,160 | 54.2% |
Accommodation and food services sales | $209 | 9.7% |
Total | $2,142 | 100% |
Escambia County Regional Comparisons
City | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Pensacola | 51,923 | $2,142 | 0.8% | $44,628 | 26,848 | $165,800 |
Escambia County is located in Northwest Florida. This region is responsible for 4.6% of Florida's economic activity. Escambia County represents 29.5% of the region's economy.
Region | Population 2010 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
---|---|---|---|---|---|---|
Escambia County | 297,619 | $8,505 | 1.7% | $43,707 | 136,551 | $145,000 |
Santa Rosa County | 151,372 | $1,467 | 4.7% | $55,913 | 65,728 | $173,400 |
Okaloosa County | 180,822 | $4,417 | 5.1% | $54,140 | 92,394 | $196,800 |
Walton County | 55,043 | $1,223 | 4.6% | $46,926 | 45,682 | $174,000 |
Holmes County | 19,927 | $81 | -0.6% | $33,510 | 8,649 | $86,800 |
Jackson County | 49,746 | $836 | -1.6% | $39,869 | 21,011 | $97,200 |
Washington County | 24,896 | $195 | 0.0% | $37,036 | 10,864 | $96,600 |
Bay County | 168,852 | $4,852 | 1.8% | $48,225 | 99,828 | $168,400 |
Calhoun County | 14,625 | $74 | 0.7% | $31,142 | 6,069 | $80,200 |
Liberty County | 8,365 | $28 | -1.1% | $40,893 | 3,362 | $80,600 |
Gulf County | 15,863 | $95 | -0.9% | $41,291 | 9,148 | $150,600 |
Franklin County | 11,549 | $130 | 1.2% | $37,017 | 8,665 | $170,100 |
Gadsden County | 46,389 | $1,106 | -2.6% | $33,453 | 19,561 | $109,000 |
Leon County | 275,487 | $5,470 | 3.0% | $45,827 | 124,701 | $195,300 |
Jefferson County | 14,761 | $139 | -3.4% | $42,096 | 6,727 | $125,000 |
Wakulla County | 30,776 | $195 | 0.1% | $54,151 | 12,721 | $136,900 |
Total | 1,400,233 | $28,814 | 0.8% | $42,825 | 671,661 | $136,619 |
Pensacola Real Estate
There are 105,028 properties in Pensacola. The following table shows a summary of them based on 2014 sales data.
Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
---|---|---|---|---|---|---|---|
Agricultural | 171 | 0.16 | 0 | n/a | n/a | n/a | n/a |
Commercial Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Government Property | 1,077 | 1.03 | 1 | $130,000 | $18 | April 1st, 2014 | April 1st, 2014 |
Health Care | 29 | 0.03 | 1 | $90,000 | $13 | January 1st, 2014 | January 1st, 2014 |
Hotel & Motel | 1,405 | 1.34 | 5 | $319,000 | $84 | March 1st, 2014 | June 1st, 2014 |
Industrial | 759 | 0.72 | 12 | $102,500 | $16 | February 1st, 2014 | July 1st, 2014 |
Miscellaneous Property | 320 | 0.30 | 0 | n/a | n/a | n/a | n/a |
Mobile/Manufactured | 3,938 | 3.75 | 82 | $19,950 | $19 | January 1st, 2014 | July 1st, 2014 |
Multifamily | 1,991 | 1.90 | 71 | $73,200 | $27 | January 1st, 2014 | September 1st, 2014 |
Office | 1,598 | 1.52 | 35 | $150,000 | $60 | January 1st, 2014 | July 1st, 2014 |
Residential | 89,560 | 85.27 | 2,994 | $87,500 | $53 | January 1st, 2014 | August 1st, 2014 |
Residential Property | 0 | 0.00 | 0 | n/a | n/a | n/a | n/a |
Retail | 3,186 | 3.03 | 68 | $170,000 | $47 | January 1st, 2014 | July 1st, 2014 |
Senior Housing | 39 | 0.04 | 1 | $5,110,000 | $168 | March 1st, 2014 | March 1st, 2014 |
Special Purpose | 823 | 0.78 | 15 | $60,300 | $23 | January 1st, 2014 | August 1st, 2014 |
Sports & Entertaining | 132 | 0.13 | 4 | $130,000 | $42 | January 1st, 2014 | July 1st, 2014 |
Agricultural Real Estate in Pensacola, Florida
171( .16%) of the properties in Pensacola are classified as Agricultural.
Commercial Real Estate in Pensacola, Florida
0( .00%) of the properties in Pensacola are classified as Commercial.
Government Real Estate in Pensacola, Florida
1,077( 1.03%) of the properties in Pensacola are classified as Government. 1 of them sold between April 1st, 2014 and April 1st, 2014. The total value of these sales was $130,000. The median sales price was $130,000. In 2014 the median sales price for Government Property in Pensacola was $18 per sq ft.
Health Care Real Estate in Pensacola, Florida
29( .03%) of the properties in Pensacola are classified as Health Care. 1 of them sold between January 1st, 2014 and January 1st, 2014. The total value of these sales was $90,000. The median sales price was $90,000. In 2014 the median sales price for Health Care in Pensacola was $13 per sq ft.
Hotel & Motel Real Estate in Pensacola, Florida
1,405( 1.34%) of the properties in Pensacola are classified as Hotel & Motel. 5 of them sold between March 1st, 2014 and June 1st, 2014. The total value of these sales was $5,199,100. The median sales price was $319,000. In 2014 the median sales price for Hotel & Motel in Pensacola was $84 per sq ft.
Industrial Real Estate in Pensacola, Florida
759( .72%) of the properties in Pensacola are classified as Industrial. 12 of them sold between February 1st, 2014 and July 1st, 2014. The total value of these sales was $7,921,100. The median sales price was $102,500. In 2014 the median sales price for Industrial in Pensacola was $16 per sq ft.
Miscellaneous Real Estate in Pensacola, Florida
320( .30%) of the properties in Pensacola are classified as Miscellaneous.
Mobile/Manufactured Real Estate in Pensacola, Florida
3,938( 3.75%) of the properties in Pensacola are classified as Mobile/Manufactured. 82 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $2,937,200. The median sales price was $19,950. In 2014 the median sales price for A Class Mobile/Manufactured in Pensacola was $45 per sq ft, B Class properties sold for $19/ft and C Class $6/ft.
Multifamily Real Estate in Pensacola, Florida
1,991( 1.90%) of the properties in Pensacola are classified as Multifamily. 71 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $34,294,900. The median sales price was $73,200. In 2014 the median sales price for A Class Multifamily in Pensacola was $49 per sq ft, B Class properties sold for $27/ft and C Class $9/ft.
Office Real Estate in Pensacola, Florida
1,598( 1.52%) of the properties in Pensacola are classified as Office. 35 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $8,136,700. The median sales price was $150,000. In 2014 the median sales price for A Class Office in Pensacola was $127 per sq ft, B Class properties sold for $60/ft and C Class $13/ft.
Residential Real Estate in Pensacola, Florida
89,560( 85.27%) of the properties in Pensacola are classified as Residential. 2,994 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $607,351,019. The median sales price was $87,500. In 2014 the median sales price for A Class Residential in Pensacola was $117 per sq ft, B Class properties sold for $53/ft and C Class $14/ft.
Residential Real Estate in Pensacola, Florida
0( .00%) of the properties in Pensacola are classified as Residential.
Retail Real Estate in Pensacola, Florida
3,186( 3.03%) of the properties in Pensacola are classified as Retail. 68 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $32,213,914. The median sales price was $170,000. In 2014 the median sales price for A Class Retail in Pensacola was $130 per sq ft, B Class properties sold for $47/ft and C Class $12/ft.
Senior Housing Real Estate in Pensacola, Florida
39( .04%) of the properties in Pensacola are classified as Senior Housing. 1 of them sold between March 1st, 2014 and March 1st, 2014. The total value of these sales was $5,110,000. The median sales price was $5,110,000. In 2014 the median sales price for Senior Housing in Pensacola was $168 per sq ft.
Special Purpose Real Estate in Pensacola, Florida
823( .78%) of the properties in Pensacola are classified as Special Purpose. 15 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $3,856,400. The median sales price was $60,300. In 2014 the median sales price for Special Purpose in Pensacola was $23 per sq ft.
Sports & Entertaining Real Estate in Pensacola, Florida
132( .13%) of the properties in Pensacola are classified as Sports & Entertaining. 4 of them sold between January 1st, 2014 and July 1st, 2014. The total value of these sales was $509,000. The median sales price was $130,000. In 2014 the median sales price for Sports & Entertaining in Pensacola was $42 per sq ft.
Pensacola, Escambia County Market Data
Property Usage | Property Count | Total Sq Ft |
---|---|---|
Agricultural | 162 | 233,956 |
Government Property | 458 | 9,034,747 |
Health Care | 24 | 3,293,692 |
Hotel & Motel | 803 | 2,888,984 |
Industrial | 706 | 12,887,896 |
Land | 14,679 | 1,090,535 |
Miscellaneous Property | 316 | 2,230,616 |
Mobile/Manufactured | 3,716 | 3,991,860 |
Multifamily | 2,025 | 17,752,734 |
Office | 1,526 | 10,803,427 |
Residential | 89,735 | 162,269,744 |
Retail | 2,734 | 25,751,474 |
Senior Housing | 35 | 1,524,142 |
Special Purpose | 753 | 9,779,753 |
Sports & Entertaining | 123 | 1,441,988 |
Pensacola Median Property Values per Sq Ft
Property Class | Class A | Class B | Class C | ||||
---|---|---|---|---|---|---|---|
Usage | Year | Sale | Lease | Sale | Lease | Sale | Lease |
Airport (private or commercial), bus terminal, marine terminal, pier or marina. | 2016 | $82 | $8 | $30 | $5 | $21 | $4 |
Auto sales, auto repair and storage or auto service shop | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Bowling alley, skating rink, pool hall or enclosed arena | 2016 | $127 | $12 | $68 | $6 | $68 | $4 |
Cannery, fruit and vegetable, bottler or brewers, distillery or winery | 2016 | $72 | $5 | $38 | $3 | $23 | $2 |
Church | 2016 | $82 | $8 | $30 | $5 | $21 | $4 |
Club, lodge or union hall | 2016 | $82 | $8 | $30 | $5 | $21 | $4 |
College | 2016 | $14 | $13 | $14 | $7 | $14 | $4 |
Community Shopping Center | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Condominium | 2016 | $291 | $16 | $182 | $16 | $65 | $16 |
County Owned | 2016 | $14 | $13 | $14 | $7 | $14 | $4 |
Cropland soil capability Class I | 2016 | $72 | $24 | $38 | $13 | $23 | $10 |
Cropland soil capability Class II | 2016 | $72 | $24 | $38 | $13 | $23 | $10 |
Cropland soil capability Class III | 2016 | $72 | $24 | $38 | $13 | $23 | $10 |
Cultural organization, facility | 2016 | $55 | $8 | $41 | $5 | $41 | $4 |
Department Store | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Drive-in Restaurant | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Enclosed theater or auditorium | 2016 | $210 | $12 | $58 | $6 | $22 | $4 |
Federal Owned | 2016 | $14 | $13 | $14 | $7 | $14 | $4 |
Financial institution (bank, saving and loan company, mortgage company, credit services) | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Florist or greenhouse | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Food processing | 2016 | $72 | $5 | $38 | $3 | $23 | $2 |
Forest, park or recreational area | 2016 | $55 | $13 | $41 | $7 | $41 | $4 |
Golf course or driving range | 2016 | $127 | $12 | $68 | $6 | $68 | $4 |
Grazing land soil capability Class I | 2016 | $923 | $24 | $121 | $13 | $102 | $10 |
Grazing land soil capability Class II | 2016 | $923 | $24 | $121 | $13 | $102 | $10 |
Heavy industrial | 2016 | $72 | $5 | $38 | $3 | $23 | $2 |
Home for the aged | 2016 | $82 | $10 | $30 | $8 | $21 | $7 |
Hospital | 2016 | $14 | $13 | $14 | $7 | $14 | $4 |
Hotel or motel | 2016 | $264 | $33 | $39 | $33 | $31 | $33 |
Improved agricultural | 2016 | $72 | $24 | $38 | $13 | $23 | $10 |
Leasehold interests (government owned property leased by a non-governmental lessee) | 2016 | $14 | $15 | $14 | $8 | $14 | $4 |
Light manufacturing | 2016 | $72 | $5 | $38 | $3 | $23 | $2 |
Lumber yard, sawmill or planing mill | 2016 | $72 | $5 | $38 | $3 | $23 | $2 |
Military | 2016 | $55 | $13 | $41 | $7 | $41 | $4 |
Mineral processing, cement plant,refinery, clay plants or gravel plant | 2016 | $72 | $5 | $38 | $3 | $23 | $2 |
Miscellaneous Residential (migrant camp or boarding home.) | 2016 | $264 | $33 | $39 | $33 | $31 | $33 |
Mixed use - store and office or store and residential or residential combination | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Mobile Home | 2016 | $44 | $6 | $25 | $6 | $15 | $6 |
Mortuary, cemetery or crematorium | 2016 | $82 | $8 | $30 | $5 | $21 | $4 |
Multi-family - 10 units or more | 2016 | $711 | $6 | $43 | $5 | $27 | $4 |
Multi-family - less than 10 units | 2016 | $711 | $6 | $43 | $5 | $27 | $4 |
Municipal Owned | 2016 | $14 | $13 | $14 | $7 | $14 | $4 |
Nightclub, cocktail lounge or bar | 2016 | $127 | $12 | $68 | $6 | $68 | $4 |
Office building, non-professional service building, multi-story | 2016 | $123 | $14 | $75 | $10 | $45 | $7 |
Office building, non-professional service building, one story | 2016 | $114 | $14 | $67 | $10 | $37 | $7 |
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) | 2016 | $72 | $5 | $38 | $3 | $23 | $2 |
Orchard Groves, Citrus, etc. | 2016 | $923 | $24 | $121 | $13 | $102 | $10 |
Orphanage, other non-profit or charitable services | 2016 | $82 | $8 | $30 | $5 | $21 | $4 |
Poultry, bees, tropical fish, rabbits, etc. | 2016 | $923 | $24 | $121 | $13 | $102 | $10 |
Private school or college | 2016 | $82 | $8 | $30 | $5 | $21 | $4 |
Privately owned hospital | 2016 | $82 | $13 | $30 | $9 | $21 | $7 |
Professional service building | 2016 | $123 | $14 | $75 | $10 | $45 | $7 |
Public county school | 2016 | $14 | $13 | $14 | $7 | $14 | $4 |
Race track: horse, auto or dog | 2016 | $127 | $12 | $68 | $6 | $68 | $4 |
Regional Shopping Center | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Repair service shop (excluding automotive) | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Restaurant, cafeteria | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Retirement Home not eligible for exemption. | 2016 | $25 | $10 | $25 | $8 | $25 | $7 |
Sanitarium or convalescent rest home | 2016 | $55 | $13 | $41 | $9 | $41 | $7 |
Service station | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Single Family | 2016 | $103 | $16 | $65 | $16 | $33 | $16 |
State Owned | 2016 | $14 | $13 | $14 | $7 | $14 | $4 |
Store, one story | 2016 | $246 | $13 | $61 | $7 | $32 | $3 |
Supermarket | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Timberland - site index 50 to 59 | 2016 | $923 | $24 | $121 | $13 | $102 | $10 |
Timberland - site index 60 to 69 | 2016 | $923 | $24 | $121 | $13 | $102 | $10 |
Timberland - site index 70 to 79 | 2016 | $923 | $24 | $121 | $13 | $102 | $10 |
Timberland - site index 80 to 89 | 2016 | $923 | $24 | $121 | $13 | $102 | $10 |
Timberland - site index 90 and above | 2016 | $72 | $24 | $38 | $13 | $23 | $10 |
Timberland not classified by site index to Pines | 2016 | $923 | $24 | $121 | $13 | $102 | $10 |
Tourist attraction, permanent exhibit or other entertainment facilities | 2016 | $127 | $12 | $68 | $6 | $68 | $4 |
Utility | 2016 | $70 | $15 | $70 | $8 | $70 | $4 |
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing | 2016 | $72 | $5 | $38 | $3 | $23 | $2 |
Wholesale outlet, produce house or manufacturing outlet | 2016 | $210 | $13 | $58 | $7 | $22 | $3 |
Copyright © Visulate ® LLC 2007, 2021. Privacy Policy, Terms and Conditions.