7920 Burstaff Rd, Pensacola
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%.
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Escambia County
Escambia County is part of the Northwest region of Florida, along with Bay, Santa Rosa, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Escambia County is the westernmost county in Florida, located in the tip of the panhandle. It has a population over 450,000.
The most significant industries in Escambia County are military and defense, tourism, healthcare, education and construction. Pensacola, the county's seat and home to over 50,000, contains many military bases including Pensacola Naval Air Station, Naval Training Center, Eglin Air Force Base, Corry Station Naval, Naval Technical Training Center, and Air Station Whiting Field. Top private sector employers for Escambia County are Sacred Heart Health System, Baptist Health Care, Lakeview Center, Gulf Power Company, and Ascend Performance Materials. Major public sector employers include Escambia County Government, Federal Government, Florida State Government, and the University of West Florida.
A suburb of Pensacola, Ferry Pass, is home to the University of West Florida. In addition, Pensacola State College has campuses throughout the county. Troy University also has a campus just west of the city.
The military contributes significantly to the county?s economy. The Department of Defense spends an estimated $7.8 billion in Escambia. The defense industry is responsible for about 80,000 careers.
Escambia contains a major airport and seaport. The airport has an economic impact in excess of $550 billion and supports over 6,000 jobs. The Port of Escambia is a 50-acre facility with eight deepwater docking facilities and railroad access on site. Both fall within a foreign trade zone.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 7914 Burstaff Rd | Single Family | 1,547 | B |
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| 7930 Burstaff Rd | Single Family | 1,527 | B |
|
| 8223 Emperor Rd | Single Family | 2,032 | B |
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| 8219 Emperor Rd | Single Family | 1,612 | B |
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| 7910 Burstaff Rd | Single Family | 1,669 | B |
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| 7940 Burstaff Rd | Single Family | 1,494 | B |
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| 7925 Burstaff Rd | Single Family | 1,686 | B |
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| 7915 Burstaff Rd | Single Family | 1,461 | B |
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| 7935 Burstaff Rd | Single Family | 1,557 | B |
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| 8215 Emperor Rd | Single Family | 1,715 | B |
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| 8231 Emperor Rd | Single Family | 2,248 | B |
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| 7911 Burstaff Rd | Single Family | 1,577 | B |
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| 7945 Burstaff Rd | Single Family | 1,664 | B |
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| 7904 Burstaff Rd | Single Family | 1,796 | B |
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| 7950 Burstaff Rd | Single Family | 2,019 | B |
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| 8211 Emperor Rd | Single Family | 1,832 | B |
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| 8235 Emperor Rd | Single Family | 2,004 | B |
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| 7920 Holgate Rd | Single Family | 1,526 | B |
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| 8218 Emperor Rd | Single Family | 2,161 | B |
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| 7955 Burstaff Rd | Single Family | 1,633 | B |
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| 7905 Burstaff Rd | Single Family | 1,749 | B |
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| 7930 Holgate Rd | Single Family | 1,776 | B |
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| 7914 Holgate Rd | Single Family | 1,549 | B |
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| 8214 Emperor Rd | Single Family | 2,185 | B |
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| 8222 Emperor Rd | Single Family | 2,379 | B |
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| 7960 Burstaff Rd | Single Family | 1,888 | B |
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| 7900 Burstaff Rd | Single Family | 1,862 | B |
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| 7940 Holgate Rd | Single Family | 1,810 | B |
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| 8210 Emperor Rd | Single Family | 1,918 | B |
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| 8226 Emperor Rd | Single Family | 1,906 | B |
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| 7910 Holgate Rd | Single Family | 1,636 | B |
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| 8239 Emperor Rd | Single Family | 2,295 | B |
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| 7965 Burstaff Rd | Single Family | 1,676 | B |
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| 3530 Cessnock Dr | Single Family | 2,194 | B |
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| 7950 Holgate Rd | Single Family | 1,846 | B |
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| 8206 Emperor Rd | Single Family | 2,135 | B |
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| 8230 Emperor Rd | Single Family | 1,908 | B |
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| 7970 Burstaff Rd | Single Family | 1,607 | B |
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| 8225 Squire Rd | Single Family | 1,902 | B |
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| 8221 Squire Rd | Single Family | 2,112 | B |
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| 8243 Emperor Rd | Single Family | 1,924 | B |
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| 8229 Squire Rd | Single Family | 2,290 | B |
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| 7960 Holgate Rd | Single Family | 1,503 | B |
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| 8234 Emperor Rd | Single Family | 1,958 | B |
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| 7904 Holgate Rd | Single Family | 1,907 | B |
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| 7975 Burstaff Rd | Single Family | 1,693 | B |
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| 8202 Emperor Rd | Single Family | 2,055 | B |
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Local Household Income
The median household income in this part of Florida is $63,573. The bottom 10% of the population earn less than $21,197 per year. The top 10% earn more than $140,614 per year. The top 1% earn more than $421,161 per year. Most renters earn between $28,908 (20th percentile) and $51,204 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $127,146 and $158,933.
The tax assessed value of this property places it in percentile 39 of all properties in this area. This suggests it would appeal to someone earning around $52,862 per year who should qualify for a mortgage between $105,724 and $132,155.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $879. Most renters earn between $2,409 and $4,267 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $632 (20th percentile) to $1,220 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 39 of all properties in this area. This corresponds to a rent of $791 per month and a monthly household income of $2,922 ($35,064 per year)
Nearby Companies
8202 Emperor Rd
7915 Burstaff Rd