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Escambia County, FL

Pensacola

RANK #732 / 996 NAT  ·  #15 / 41 FL  ·  POP 321,296

1YR FORECAST: +1.0%

5YR OUTLOOK: +18%

Our model projects Escambia County's housing market at +1.0% over the next year, underperforming most U.S. counties.

[01] Why Escambia County?

Escambia County, Florida, is distinguished by Naval Air Station Pensacola, known as the "Cradle of Naval Aviation" and home to the Blue Angels flight demonstration team. Located in the westernmost part of the Florida Panhandle, bordering Alabama and the Gulf of Mexico, the county seat is Pensacola. Commutes average 23.5 minutes, with public transit options including fixed-route bus service and trolleys in Pensacola and on the University of West Florida campus. The community offers access to white sand beaches and emerald Gulf waters at places like Perdido Key State Park and Big Lagoon State Park, which provide opportunities for swimming, fishing, kayaking, and hiking.

Life in Escambia County blends suburban and urban elements, attracting families, retirees, and young professionals. The economy is diversified, with significant contributions from the military, tourism, and healthcare. Naval Air Station Pensacola is a major employer, with over 16,000 military and 7,400 civilian personnel. The county also focuses on environmental initiatives, including marine resource management and coastal restoration projects, such as dune restoration and living shorelines. The Escambia County School District serves the area, with schools like Pensacola High School.

[02] Market Snapshot

Housing Ratio
3.5x

Undervalued relative to economy

GDP Growth
+4.3%

Well above national median

Home Prices
-0.6%

Prices declining

Climate & Terrain
2.3

Moderate climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 3.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    US Dept of Defense (includes NAS Pensacola, Saufley Field, Corry Station, Naval Hospital Pensacola and Whiting Field) Military
    10,000+
  2. 2
    Navy Federal Credit Union Finance
    5,000+
  3. 3
    Baptist Health Care Healthcare
  4. 4
    Escambia County School Board Education
  5. 5
    Sacred Heart Health Systems Healthcare
    2,500+
  6. 6
    University of West Florida Education
    1,000+
  7. 7
    Gulf Power Company Energy
  8. 8
    Pensacola Christian College Education
  9. 9
    Ascend Performance Materials Manufacturing
  10. 10
    West Florida Healthcare Healthcare

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Escambia County U.S. National

The Numbers

DEMOGRAPHICS
Population
321,296
+0.77% YoY
Median Household Income
$61,642
Median Home Value
$206,400
-0.56% 12mo
Median Rent
$1,170
Average Annual Pay
$60,268
+7.0% YoY
Employment
145,972
+0.2% YoY
Income-to-Home-Value
0.2987
More affordable than average
Migration Inflow
3.25%
of pop. from another state
Bachelor's Degree+
28.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$300,000
Days on Market
91
Slower market
Months of Supply
4.9
Balanced market
Sale-to-List Ratio
96.9%
Negotiation room for buyers
Sold Above List
9.5%
Listings w/ Price Drops
22.9%
Building Permits (2024)
1,462
Single-Family Permits
1,446

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.3
per 100K · nat avg 6.3
Firearm Fatalities
18.6
per 100K · nat avg 14.8
Injury Deaths
123.2
per 100K · nat avg 76.3
vs National Average
Above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
49.7
Good
Good Air Days
52%
569 of 1,095 days
Unhealthy+ Days (3yr)
2
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
49
2022
49
2023
51
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Score Breakdown

GDP Growth +4.3% 76 percentile
Population Growth +0.8% 63 percentile
Income Growth +8.9% 61 percentile
Vacancy Rate 1.5% 24 percentile
Home Price Change -0.6% 25 percentile
Rent Growth +2.2% 37 percentile
Price/Rent 11x 85 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Escambia County, FL a good place to move to?

At 26/100, Escambia County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $61,642 combined with job growth of +0.2% suggests the local economy is struggling to keep pace with national trends.

Is Escambia County affordable?

Housing in Escambia County is roughly in line with national affordability norms. The median home costs $206,400 and the income-to-home-value ratio sits at 0.30, with rents averaging $1,170/month. Not a bargain, but not a stretch for most local earners either.

Is Escambia County growing or shrinking?

Escambia County's population is growing — up +0.8% YoY — while the job market is roughly flat (employment change of +0.2%). Home values shifted -0.6% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Escambia County?

There's a moderate stream of newcomers. About 3.25% of residents moved from another state, which is above average and suggests Escambia County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Bay County, FL 27 Hernando County, FL 27 Okaloosa County, FL 27 Leon County, FL 25 Polk County, FL 28 Nassau County, FL 24 Williamson County, TN 26 Warren County, OH 26