2708 Hillcrest 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 | |
|---|---|---|---|---|
| 2704 Hillcrest Dr | Single Family | 1,470 | B |
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| 5900 Foster St | Single Family | 1,791 | B |
|
| French St | Miscellaneous Residential (migrant camp or boarding home.) | 0 | L | |
| 2805 French St | Single Family | 1,813 | B |
|
| 2700 Hillcrest St | Single Family | 1,195 | B |
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| 2801 French St | Single Family | 1,302 | B |
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| 2709 Hillcrest Ave | Single Family | 1,366 | B |
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| 2705 Hillcrest Ave | Single Family | 1,449 | B |
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| 2713 Hillcrest Ave | Single Family | 1,611 | B |
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| 2701 Hillcrest Ave | Single Family | 1,424 | B |
|
| 5901 Foster St | Single Family | 1,608 | B |
|
| 2803 Hillcrest Ave | Single Family | 1,593 | B |
|
| 5903 Foster St | Single Family | 876 | B |
|
| 2640 Hillcrest St | Single Family | 2,308 | B |
|
| 2641 Hillcrest Ave | Single Family | 1,330 | B |
|
| 5908 Foster St | Single Family | 1,303 | B |
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| 5907 Larosa St | Single Family | 1,209 | B |
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| 5902 Larosa St | Single Family | 1,863 | B |
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| 2807 Hillcrest Ave | Single Family | 1,491 | B |
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| 2624 Green Bay Dr | Single Family | 1,693 | B |
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| 2622 Green Bay Dr | Single Family | 1,420 | B |
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| 2626 Green Bay Dr | Single Family | 1,547 | B |
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| 5907 Foster St | Single Family | 1,531 | B |
|
| 2639 Hillcrest Ave | Single Family | 1,211 | B |
|
| 5904 Larosa St | Single Family | 1,475 | B |
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| 2620 Green Bay Dr | Single Family | 1,673 | B |
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| 2814 Hillcrest Ave | Single Family | 1,421 | B |
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| 2640 Green Bay Ave | Single Family | 1,564 | B |
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| 5910 Foster St | Mobile Home | 2,286 | C |
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| 2628 Green Bay Ave | Single Family | 2,043 | B |
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| 5909 Larosa St | Single Family | 1,649 | B |
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| 2638 Hillcrest Ave | Single Family | 1,392 | B |
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| 2618 Green Bay Dr | Single Family | 1,682 | B |
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| 5906 Larosa St | Vacant Residential | 0 | L | |
| 2637 Hillcrest Ave | Single Family | 1,851 | B |
|
| 2616 Green Bay Dr | Single Family | 2,007 | B |
|
| 2638 Green Bay Dr | Single Family | 1,646 | B |
|
| 5909 Foster St | Single Family | 1,659 | B |
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| 2816 Hilcrest Ave B | Single Family | 3,650 | A |
|
| 5912 Foster St | Single Family | 1,590 | B |
|
| 2816 Hillcrest Ave A | Single Family | 1,649 | C |
|
| 5911 Larosa St | Single Family | 2,060 | B |
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| 5908 Larosa St | Single Family | 1,292 | B |
|
| 2701 Cycle Dr | Parking lot (commercial or patron) or mobile home park | 2,496 | L |
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| 2635 Hillcrest Ave | Single Family | 1,833 | B |
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| 2817 Hillcrest Ave | Single Family | 1,790 | 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.
The tax assessed value of this property places it in percentile 35 of all properties in this area. This suggests it would appeal to someone earning around $38,316 per year who should qualify for a mortgage between $76,632 and $95,790.
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 35 of all properties in this area. This corresponds to a rent of $752 per month and a monthly household income of $2,524 ($30,288 per year)
Nearby Companies
2817 Hillcrest Ave
5901 Foster St
2713 Hillcrest Ave