8 S Palafox St, 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 | |
---|---|---|---|---|
10 Palafox Pl | Mixed use - store and office or store and residential or residential combination | 7,349 | B | |
5 E Garden St | Nightclub, cocktail lounge or bar | 15,687 | A | |
14 S Palafox St | Office building, non-professional service building, multi-story | 5,135 | B | |
11 E Garden St | Store, one story | 2,636 | B | |
16 S Palafox St Suite 200 | Leasehold interests (government owned property leased by a non-governmental lessee) | 3,960 | B | |
16 S Palafox St | Leasehold interests (government owned property leased by a non-governmental lessee) | 1,557 | B | |
22 S Palafox St | Restaurant, cafeteria | 14,929 | B | |
1 S Jefferson St | Municipal Owned | 106,680 | B | |
26 S Palafox St | Store, one story | 6,206 | A | |
1st Blk S Jefferson St | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L | |
1 W Garden St | Office building, non-professional service building, multi-story | 67,987 | B | |
5 S Palafox St | Office building, non-professional service building, multi-story | 67,672 | B | |
36 S Palafox St | Store, one story | 16,323 | B | |
18 E Garden St | Office building, non-professional service building, multi-story | 28,747 | B | |
14 N Palafox St | Office building, non-professional service building, multi-story | 5,215 | A | |
40 S Palafox St | Office building, non-professional service building, multi-story | 37,084 | A | |
16 N Palafox St | Store, one story | 5,427 | B | |
21 E Garden St | Financial institution (bank, saving and loan company, mortgage company, credit services) | 821 | B | |
29 S Palafox St | Restaurant, cafeteria | 17,877 | B | |
19 W Garden St | Office building, non-professional service building, multi-story | 26,346 | B | |
18 N Palafox St | Enclosed theater or auditorium | 6,960 | B | |
22 N Palafox St | Restaurant, cafeteria | 2,581 | A | |
36 E Garden St | Store, one story | 10,800 | B | |
31 W Garden St | Office building, non-professional service building, multi-story | 11,682 | B | |
43 S Palafox St | Store, one story | 14,580 | B | |
24 N Palafox St | Store, one story | 2,892 | B | |
1st Blk N Jefferson St | Right-of-way, street, road, irrigation channel, ditch, etc. | 0 | L | |
34 N Palafox St | Vacant Commercial | 0 | L | |
100 S Palafox St | Mixed use - store and office or store and residential or residential combination | 11,429 | B | |
1 N Palafox St | Leasehold interests (government owned property leased by a non-governmental lessee) | 91,198 | A | |
101 E Garden St | Office building, non-professional service building, multi-story | 6,748 | B | |
50 E Garden St | Store, one story | 5,373 | B |
Local Household Income
The median household income in this part of Florida is $52,677. The bottom 10% of the population earn less than $15,071 per year. The top 10% earn more than $137,099 per year. The top 1% earn more than $431,029 per year. Most renters earn between $25,896 (20th percentile) and $45,588 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $105,354 and $131,693.
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 $846. Most renters earn between $2,158 and $3,799 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $619 (20th percentile) to $1,160 (80th percentile) range. The residential vacancy rate is 8%.
Nearby Companies
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127 Palafox Pl
127 Palafox Pl
127 Palafox Pl
127 Palafox Pl
127 Palafox Pl
127 Palafox Pl
127 Palafox Pl
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127 Palafox Pl
127 Palafox Pl
127 Palafox Pl
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127 Palafox Pl
127 Palafox Pl
127 Palafox Pl
127 Palafox Pl
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41 N Jefferson Street 4th Floor
41 N Jefferson Street 4th Floor
41 N Jefferson Street 4th Floor
41 N Jefferson Street 4th Floor
41 N Jefferson Street 4th Floor
41 N Jefferson Street 4th Floor
41 N Jefferson Street 4th Floor
41 N Jefferson Street 4th Floor
41 N Jefferson Street 4th Floor
41 N Jefferson Street 4th Floor
41 N Jefferson Street 4th Fl
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Floor
41 N Jefferson St 4th Flr
41 N Jefferson St
41 N Jefferson St
106 Palafox Pl
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100 Palafox Pl
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120 Thornberry Branch Ln
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101 S Palafox Place #12027
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13 Palafox Pl
13 Palafox Pl
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17 South Palafox St
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17 South Palafox St
17 S Palafox St
16 South Palafox Pl
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23 Palafox Pl
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8 Palafox Pl
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26 Palafox Pl
26 Palafox Pl
26 Palafox Pl
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34 South Palafox St
29 Palafox Pl
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11 West Garden St
11 West Garden St
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3 W Garden St
3 W Garden St
3 W Garden St
3 W Garden St
3 W Garden St
3 W Garden St
3 West Garden St