Rent-to-Own Homes in Pensacola, FL: What You Need to Know
If you’re looking for a stunning and warm city to settle in with seemingly limitless access to the beach, Pensacola is the place for you. The cost of living is low, and there’s a strong job market. Many retirees choose to migrate to Pensacola when they want to settle down for their retirement years, though anyone can find great enjoyment by calling this excellent city their home.
Cost of Living
Pensacola is an inexpensive city to settle in. Overall, it costs 8% less to live here when compared to the national average. Healthcare is 5% cheaper, and utilities are 11% less as well. Housing and all associated expenses are 27% lower than the United States average. The median home value here is $252,000 and just over half the households are owned, rather than rented. The average rent for a 927 square foot apartment is $1,106 per month.
The job market in Pensacola is booming and offers room for growth. The major industries here are Military and Defense, Tourism, Healthcare, Education, and Construction. There are 6 military bases located in Pensacola which generates many jobs. Several large employers with their headquarters located here include Baptist Health Care, Gulf Power Company, Medical Center Clinic, CHCS Services/iGate, and Hitachi Cable Florida, Inc.
There’s no shortage of delicious eateries in Pensacola. Bonelli’s Café Italia is the perfect place for that cozy vibe associated with family-owned restaurants. The menu is Italian-American with iconic dishes like Saucy Shrimp, Rigatoni, and Lasagna. If you need an intimate spot for date night, consider Ichiban for Japanese cuisine. The dishes are made with fresh catches and available for lunch and dinner.
Things to Do in Town
Pensacola is full of things to see and do. The National Naval Aviation Museum is a must-do. Roughly 150 classic wartime aircraft have been restored and put on display for visitors to view and learn about. Beaches are a default sight to see when visiting Pensacola; the white sand beaches are notorious. The Gulf Islands National Seashore is the best. A quiet stretch of 160 miles, The Gulf Islands National Seashore has stunning sand, beautiful blue-green waters, and peaceful campgrounds and walking trails.
Home to 54,000 people, nearly 20% of the total population is over 65 years of age. Of all these people, 64% are White, 29% are African American, 5% are Mixed Race, and 2% are Asian American. 91% of all adults have their high school diploma, and 37% have their Bachelor’s degree.