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Pensacola

Learn about the people, housing, costs and businesses in Pensacola, Florida

Median Home$306,957
Median Rent$1,325/month
Population53,293
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare3% education
Home Value Growth+9.5% over 2 years
Young Adults29% of residentsslightly above average
Homeowners64% of occupied units
NotableAmenity Score89/100 · highly walkable area
NotableVeteran Community12% of residents · top 6% nationally
Pensacola
FL

Frequently Asked Questions

What are today's mortgage rates in Pensacola?

Mortgage rates for Pensacola are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Pensacola
What is the median home price in Pensacola?

The median home value in Pensacola is $307k. The median monthly rent is $1,325. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pensacola?

Home values in Pensacola have increased 9.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Pensacola?

Based on a typical all-in ownership cost of $1,296/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pensacola is $75k/year.

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What industries drive the economy in Pensacola?

The largest employment sectors in Pensacola are public administration (25%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.