Pensacola, FL
Population 54,011 · Florida
About Pensacola, FL
Pensacola is a mid-sized city located in Florida with a population of 54,011 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,699 per year, which is 3% below the national median of $75,149. The median age of 40.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Pensacola features a median home value of $276,500, which is 13% above the national median of $244,900. This positions Pensacola in a moderately priced market relative to the rest of the country. Median monthly rent is $1,209, 4% above the national average of $1,163/month. Of the 27,837 total housing units, 63% are owner-occupied (15,859 units) and 37% are renter-occupied (9,120 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Pensacola shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 12.4%, above the national average of 12.4%. Workers in Pensacola have an average one-way commute time of 21.5 minutes.
Education & Demographics
42.7% of Pensacola residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.8% White, 1.8% Hispanic or Latino, 0.6% Black or African American, and 1.9% Asian residents, with 4.9% of the population being foreign-born.
Cost of Living in Pensacola, FL
Compared to national averages, Pensacola has a median household income of $72,699 (3% below the national median of $75,149). Home values average $276,500, which is 13% above the national median. Monthly rent at $1,209 is 4% above the US average of $1,163. Within Florida, Pensacola's income is 4% below the state average of $75,893, and home values are 22% below the state median of $353,675.
Why Live in Pensacola, FL?
Pensacola offers a well-educated community where 42.7% of residents hold a bachelor’s degree or higher, and short commute times averaging just 21.5 minutes.
Potential considerations include median household income ($72,699) that falls below the national average. However, as a mid-sized city, Pensacola provides access to a wide range of amenities and services.
Pensacola has a population of 54,011 with a median age of 40.8 years. Compare Pensacola with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Pensacola
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pinellas Park | 53,423 | $62,043 | $251,900 | Compare |
| Bonita Springs | 54,830 | $90,486 | $460,600 | Compare |
| Westchester | 53,082 | $75,905 | $473,300 | Compare |
| Winter Haven | 52,846 | $59,604 | $248,200 | Compare |
| Kendale Lakes | 52,141 | $69,150 | $378,100 | Compare |
| Apopka | 56,202 | $95,703 | $364,300 | Compare |
| Sarasota | 56,218 | $70,065 | $409,700 | Compare |
| Bradenton | 56,289 | $60,964 | $282,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Pensacola With Other Cities
Frequently Asked Questions about Pensacola
What is the population of Pensacola, FL?
The population of Pensacola, FL is 54,011 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Pensacola?
The median household income in Pensacola, FL is $72,699 per year, which is 3% below the national median of $75,149.
What is the median home value in Pensacola?
The median home value in Pensacola, FL is $276,500, which is 13% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pensacola?
The median monthly rent in Pensacola, FL is $1,209, which is 4% above the national average of $1,163/month.
What is the unemployment rate in Pensacola?
The unemployment rate in Pensacola, FL is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Pensacola, FL a good place to live?
Pensacola offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 54,011 and a median age of 40.8, the city appeals to a broad range of residents.
How educated is Pensacola, FL?
42.7% of residents in Pensacola aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Pensacola?
Key cost-of-living indicators for Pensacola, FL: median home value is $276,500 (13% above national), median rent is $1,209/month, and median household income is $72,699. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Pensacola?
The poverty rate in Pensacola, FL is 12.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Pensacola, FL?
Pensacola's population is 1.8% White, 1.8% Hispanic or Latino, 0.6% Black or African American, 1.9% Asian, and 21.0% two or more races. 4.9% of residents are foreign-born.