4505 Waterwheel Turn, Pensacola
Escambia County Real Estate - Gonzalez
Gonzalez is in North West Florida. It's population as recorded in the 2010 Census was 13,273. Gonzalez is approximately 12 miles from Pensacola (population 51,923) and around 102 miles from Panama City (population 36,484).
The median age for residents of Gonzalez is 39.9. Around 37.3% of Gonzalez households include school aged children and 24.1% of households include individuals aged 65 years or over. Census records indicate 83.8% of the Gonzalez population are White, 10.6% are Black or African American, .8% American Indian, 1.7% Asian and 2.3% are Two or more Races.
There are 5,244 housing units in Gonzalez. 334 (6.3%) of these were reported as vacant in the 2010 Census. There are 900 residential rental units in Gonzalez. 790 of them were occupied in 2010 providing a residential rental vacancy rate of 11.7%.
Gonzalez links:
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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 | |
|---|---|---|---|---|
| 4509 Waterwheel Turn | Single Family | 2,252 | B |
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| 4501 Waterwheel Turn | Single Family | 2,310 | B |
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| 4513 Waterwheel Turn | Single Family | 2,176 | B |
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| 4517 Waterwheel Turn | Single Family | 2,485 | B |
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| 4500 Waterwheel Turn | Single Family | 2,524 | B |
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| 4504 Waterwheel Turn | Single Family | 2,329 | B |
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| 4512 Waterwheel Turn | Single Family | 4,509 | B |
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| 2328 E Johnson Ave A | Single Family | 576 | C |
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| 2404 E Johnson Ave | Vacant Commercial | 0 | L | |
| 4521 Waterwheel Turn | Single Family | 2,736 | B |
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| 2320 E Johnson Ave | Club, lodge or union hall | 5,083 | B |
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| 4516 Waterwheel Turn | Single Family | 2,164 | B |
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| 2400 Johnson Ave Blk | Sewage disposal, solid waste, borrow pit, drainage reservoir, waste land, marsh, sand dune or swamp | 0 | L | |
| 4525 Waterwheel Turn | Single Family | 2,767 | B |
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| 4520 Waterwheel Turn | Single Family | 2,362 | B |
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| 2436 E Johnson Ave | Single Family | 1,072 | B |
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| 2317 Abbie Ln | Single Family | 1,496 | B |
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| 4529 Waterwheel Turn | Single Family | 2,323 | B |
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| 8500 N Davis Hwy Blk | Vacant Commercial | 0 | L | |
| 2321 Abbie Ln | Single Family | 1,521 | B |
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| 8501 Sawmill Run | Single Family | 2,875 | B |
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| 8560 N Davis Hwy | Professional service building | 2,164 | C |
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| 2315 Abbie Ln | Single Family | 1,395 | B |
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| 2300 E Johnson Ave | Single Family | 1,690 | B |
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| 2472 E Johnson Ave | Single Family | 1,224 | C |
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| 8505 Sawmill Run | Single Family | 2,278 | B |
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| 8570 N Davis Hwy | Private school or college | 7,710 | B |
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| 2323 Abbie Ln | Single Family | 1,837 | B |
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| 4533 Waterwheel Turn | Single Family | 2,357 | B |
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| 8509 Sawmill Run | Single Family | 3,048 | B |
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| 2480 E Johnson Ave | Single Family | 1,284 | B |
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| 8511 Sawmill Run | Single Family | 2,760 | B |
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| 4537 Waterwheel Turn | Single Family | 3,059 | B |
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| 2395 E Johnson Ave | Multi-family - less than 10 units | 1,334 | 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 89 of all properties in this area. This suggests it would appeal to someone earning around $136,334 per year who should qualify for a mortgage between $272,668 and $340,835.
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 89 of all properties in this area. This corresponds to a rent of $1,449 per month and a monthly household income of $4,858 ($58,296 per year)
Nearby Companies
4505 Waterwheel Turn
4505 Waterwheel Turn
4517 Waterwheel Turn
4504 Waterwheel Turn
8560 N Davis Hwy
4525 Waterwheel Turn
1118 Sawmillrd
4512 Waterwheel Turn
4512 Waterwheel Turn