2022 Downing Dr, 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 | |
---|---|---|---|---|
2024 Downing Dr | Single Family | 2,872 | A | |
2020 Downing Dr | Single Family | 3,138 | C | |
2026 Downing Dr | Vacant Residential | 0 | L | |
2018 Downing Dr | Single Family | 2,692 | A | |
2028 Downing Dr | Single Family | 2,302 | A | |
2016 Downing Dr | Single Family | 2,741 | A | |
3011 Oak Pointe Dr | Single Family | 2,169 | A | |
3015 Oak Pointe Dr | Single Family | 2,753 | C | |
3009 Oak Pointe Dr | Single Family | 2,615 | A | |
2030 Downing Dr | Single Family | 2,146 | A | |
2014 Downing Dr | Single Family | 3,037 | C | |
3019 Oak Pointe Dr | Single Family | 2,707 | A | |
3005 Oak Pointe Dr | Single Family | 2,019 | A | |
2015 Downing Dr | Single Family | 2,535 | C | |
3023 Oak Pointe Dr | Single Family | 2,110 | A | |
2032 Downing Dr | Single Family | 2,423 | A | |
2012 Downing Dr | Single Family | 2,973 | A | |
2550 Oak Pointe Dr | Golf course or driving range | 13,929 | B | |
2013 Downing Dr | Single Family | 2,084 | A | |
3027 Oak Pointe Dr | Single Family | 2,417 | A | |
2034 Downing Dr | Single Family | 2,813 | A | |
3001 Oak Pointe Dr | Single Family | 3,194 | A | |
2010 Downing Dr | Single Family | 2,599 | C | |
2011 Downing Dr | Single Family | 2,034 | A | |
3031 Oak Pointe Dr | Single Family | 2,883 | A | |
2036 Downing Dr | Single Family | 2,548 | A | |
2008 Downing Dr | Single Family | 1,982 | A | |
2009 Downing Dr | Single Family | 2,810 | A | |
2993 Oak Pointe Dr | Single Family | 3,087 | B | |
3035 Oak Pointe Dr | Single Family | 2,463 | A | |
2025 Downing Dr | Single Family | 3,522 | B | |
2038 Downing Dr | Single Family | 2,623 | C | |
2006 Downing Dr | Single Family | 2,426 | A | |
2007 Downing Dr | Single Family | 2,001 | A | |
2989 Oak Pointe Dr | Single Family | 4,465 | C | |
3039 Oak Pointe Dr | Single Family | 2,189 | A | |
2040 Downing Dr | Single Family | 3,029 | A | |
2004 Downing Dr | Single Family | 2,422 | 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 84 of all properties in this area. This suggests it would appeal to someone earning around $109,632 per year who should qualify for a mortgage between $219,264 and $274,080.
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 84 of all properties in this area. This corresponds to a rent of $1,223 per month and a monthly household income of $4,007 ($48,084 per year)
Nearby Companies
2989 Oak Pointe Dr
3027 Oak Pointe Dr
2006 Downing Dr
2025 Downing Dr