8090 Tippin Ave, 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 | |
|---|---|---|---|---|
| 8070 Tippin Ave | Single Family | 2,106 | B |
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| 8081 Malibu Cir | Single Family | 2,247 | B |
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| 8075 Malibu Cir | Single Family | 1,912 | B |
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| 7948 Tippin Ave | Single Family | 1,770 | B |
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| 8101 Tippin Ave O | Condominium | 1,136 | B |
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| 8101 Tippin Ave C | Condominium | 1,200 | B |
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| 8101 Tippin Ave B | Condominium | 1,200 | B |
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| 8101 Tippin Ave A | Condominium | 1,200 | B |
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| 8101 Tippin Ave M | Condominium | 892 | B |
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| 8101 Tippin Ave N | Condominium | 1,013 | B |
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| 8101 Tippin Ave L | Condominium | 927 | B |
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| 8101 Tippin Ave K | Condominium | 920 | B |
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| 8101 Tippin Ave J | Condominium | 927 | B |
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| 8101 Tippin Ave H | Condominium | 892 | B |
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| 8101 Tippin Ave G | Condominium | 892 | B |
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| 8101 Tippin Ave D | Condominium | 1,200 | B |
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| 8101 Tippin Ave E | Condominium | 892 | B |
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| 8101 Tippin Ave F | Condominium | 892 | B |
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| 8053 Malibu Cir | Single Family | 1,802 | B |
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| 3454 Olive Rd | Office building, non-professional service building, one story | 1,616 | B |
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| 7946 Tippin Ave | Single Family | 1,775 | B |
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| 8021 Malibu Cir | Single Family | 1,840 | B |
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| 8080 Malibu Cir | Single Family | 1,761 | B |
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| 8117 Tippin Ave | Single Family | 2,065 | B |
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| 8074 Malibu Cir | Single Family | 1,926 | B |
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| 3340 E Olive Rd | Single Family | 687 | C |
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| 3494 Olive Rd | Store, one story | 2,075 | B |
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| 8116 Tippin Ave | Single Family | 1,686 | B |
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| 8052 Malibu Cir | Single Family | 2,246 | B |
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| 7944 Tippin Ave | Single Family | 2,011 | B |
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| 3320 E Olive Rd | Single Family | 1,427 | B |
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| 3308 Kingswood Ct D | Condominium | 1,061 | B |
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| 3315 Kingswood Ct 7c | Condominium | 1,028 | B |
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| 3383 Olive Rd A | Condominium | 897 | B |
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| 8039 Tippin Ave C | Condominium | 1,028 | B |
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| 8027 Tippin Ave A | Condominium | 897 | B |
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| 3306 Kingswood Ct B | Condominium | 999 | B |
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| 3312 Kingswood Ct 7a | Condominium | 897 | B |
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| 3323 Kingswood Ct 10d | Condominium | 1,059 | B |
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| 3317 Kingswood Ct 8e | Condominium | 1,059 | B |
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| 3326 Kingswood Ct 9b | Condominium | 999 | B |
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| 3324 Kingswood Ct 10a | Condominium | 897 | B |
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| 3357 Kingswood Ct 11a | Condominium | 897 | B |
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| 3355 Olive Rd 11d | Condominium | 1,061 | B |
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| 3353 Olive Rd 11e | Condominium | 1,059 | B |
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| 3371 Olive Rd B | Condominium | 999 | B |
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| 8023 Tippin Ave E | Condominium | 1,059 | B |
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| 3303 Kingswood Ct D | Condominium | 1,061 | B |
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| 3313 Kingswood Ct 7d | Condominium | 1,061 | 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 50 of all properties in this area. This suggests it would appeal to someone earning around $63,573 per year who should qualify for a mortgage between $127,146 and $158,933.
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 50 of all properties in this area. This corresponds to a rent of $879 per month and a monthly household income of $3,240 ($38,880 per year)
Nearby Companies
8090 Tippin Ave
3454 E Olive Rd