Pensacola Real Estate Market Overview
Public School Ranking:
Location and Weather
Pensacola is located in the northwestern region of Florida’s panhandle. It’s surrounded by over 50 miles of coastline that intertwine with waters from the Gulf of Mexico. Pensacola is a friendly community that’s full of diversity, highly ranked education, year-round city events and a strong southern culture.
This laid-back beach-city has a temperate climate, and metropolitan center that contributes to its high quality of life.
Population, Job Market and Cost of Living
Pensacola has a population of 53,989, with a growth rate of 0.63% annually. The job market has increased by 1.9% over the last year. In ten years, job growth is predicted to be 42.0%. Considering the National Naval Aviation Museum and the Blue Angels Naval aerobatics team are located here, aviation is a large industry that attracts regular tourists. There’s also a bustling downtown that’s teeming with art galleries, restaurants and cultural venues, which in turn steers the retail trade and accommodation industry here. This area of Pensacola was named “top 10 Great Streets in America” by the American Planning Association.
Pensacola is one of the most affordable cities in Florida, and has very inexpensive housing expenses.