5224 Medina 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 | |
|---|---|---|---|---|
| 5200 Medina Rd Blk | Vacant Residential | 0 | L | |
| 5222 Medina Rd | Multi-family - less than 10 units | 4,154 | B |
 |
| 5341 Chatham Ave | Mobile Home | 1,190 | B |
|
| 5301 Chatham Ave | Mobile Home | 1,512 | B |
|
| 5215 Medina Rd | Mobile Home | 470 | C |
|
| 5200 Chatham Ave Blk | Miscellaneous Residential (migrant camp or boarding home.) | 0 | L | |
| Medina Rd | Vacant Residential | 0 | L | |
| 5361 Chatham Ave | Mobile Home | 0 | L | |
| 5220 Medina St | Vacant Residential | 938 | L |
|
| 5238 Medina Dr | Single Family | 1,932 | B |
|
| 5213 Chatham Ave | Mobile Home | 720 | B |
|
| 5314 Cambria Dr | Mobile Home | 2,600 | A |
|
| 5371 Chatham Ave | Single Family | 1,376 | B |
|
| 5300 Chatham Ave Blk | Vacant Residential | 0 | L | |
| 5224 Chatham Ave | Mobile Home | 1,250 | C |
|
| 5310 Cambria Dr | Vacant Residential | 0 | L | |
| 5300 Cambria Dr Blk | Vacant Residential | 0 | L | |
| 5245 Medina Ave | Single Family | 2,093 | B |
|
| 5246 Chatham Ave | Single Family | 1,792 | B |
|
| 5211 Chatham Ave | Vacant Residential | 0 | L | |
| 5218 Medina Rd | Single Family | 1,582 | B |
|
| 5362 Chatham Ave | Mobile Home | 1,317 | A |
|
| 5300 Medina Rd Blk | Vacant Residential | 0 | L | |
| 5366 Chatham Ave | Mobile Home | 1,628 | B |
|
| 5223 Kee Memorial Dr | Mobile Home | 890 | B |
|
| 5301 Kee Memorial Dr | Mobile Home | 931 | B |
|
| 5225 Kee Memorial Dr | Mobile Home | 1,146 | B |
|
| 5303 Kee Memorial Dr | Mobile Home | 1,651 | B |
|
| 5210 Chatham Rd | Mobile Home | 936 | B |
|
| 5304 Cambria Dr | Single Family | 490 | C |
|
| 5209 Chatham Ave Lot 2 | Mobile Home | 1,848 | C |
|
| 5305 Kee Memorial Dr | Vacant Residential | 0 | L | |
| 5317 Cambria Dr | Single Family | 2,058 | B |
|
| 5205 Medina Rd | Single Family | 2,607 | C |
|
| 5315 Cambria Dr | Single Family | 1,783 | B |
|
| 5313 Cambria Dr | Single Family | 1,771 | B |
|
| 5400 Medina Rd | Mobile Home | 924 | B |
|
| 5311 Cambria Dr | Single Family | 1,771 | B |
|
| 5309 Kee Memorial Dr | Mobile Home | 1,056 | A |
|
| 5327 Cambria | Mobile Home | 1,220 | B |
|
| 5404 Medina Rd | Mobile Home | 1,672 | A |
|
| 5309 Cambria Dr | Single Family | 1,771 | B |
|
| 5208 Chatham Ave | Mobile Home | 1,242 | B |
|
| 5207 Chatham Ave | Mobile Home | 756 | C |
|
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.
The tax assessed value of this property places it in percentile 5 of all properties in this area. This suggests it would appeal to someone earning around $8,612 per year who should qualify for a mortgage between $17,224 and $21,530.
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%.
This property falls in percentile 5 of all properties in this area. This corresponds to a rent of $280 per month and a monthly household income of $1,304 ($15,648 per year)
Nearby Companies
5314 Cambria Dr
5314 Cambria Dr