Pensacola, Florida Income Statistics
Pensacola Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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C
Pensacola Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Pensacola | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $71,863 | $74,580 | $80,455 |
| Median Personal Income | $57,338 | $52,322 | $60,758 |
| Average Yearly Income Growth | 6.3% | 5.4% | 4.8% |
| Six-Figure Earners | 14.0% | 11.6% | 13.9% |
| $200k+ Households | 10.8% | 11.0% | 13.2% |
The median household income in Pensacola is about 4% lower than in Florida. Income has been growing faster in Pensacola (6.3%/yr) than in Florida (5.4%/yr).
About 14% of adults in Pensacola earn six figures ($100,000 or more) a year, higher than the Florida average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Pensacola, Florida grew by 67.6% from 2009 to 2024, reaching $71,863 in 2024. That's an average of about 6.3% per year.
Pensacola has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2023, at 9.1% lower. The gap has narrowed from 16% in 2009 to 11% in 2024.
Income Distribution in Pensacola
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 8,697 households (36.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 24.5% of households in Pensacola had an income under $35,000 and 17.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Pensacola has a larger share of households earning $35,000 to $49,999 (11.8% vs 10.1%) and a smaller share earning $150,000 to $199,999 (6.9% vs 9.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,394 | 5.8% | 5.1% |
| $10,000 to $14,999 | 1,089 | 4.6% | 3.5% |
| $15,000 to $24,999 | 1,630 | 6.8% | 6.4% |
| $25,000 to $34,999 | 1,726 | 7.2% | 6.7% |
| $35,000 to $49,999 | 2,826 | 11.8% | 10.1% |
| $50,000 to $74,999 | 3,763 | 15.8% | 15.5% |
| $75,000 to $99,999 | 2,724 | 11.4% | 12.6% |
| $100,000 to $149,999 | 4,466 | 18.7% | 17.4% |
| $150,000 to $199,999 | 1,653 | 6.9% | 9.5% |
| $200,000 or more | 2,578 | 10.8% | 13.2% |
Shares are of all 23,849 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 6,324 residents (14.0% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 15.5% of residents who have any income.
In 2024, 9.2% of Pensacola residents aged 15 and over reported no personal income, 31.6% had some income but less than $25,000, and 21.0% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Pensacola has a larger share of residents earning $15,000 to $24,999 (12.3% vs 10.5%) and a smaller share with no personal income (9.2% vs 12.8%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 4,139 | 9.2% | 12.8% |
| $1 to $9,999 | 5,159 | 11.5% | 11.2% |
| $10,000 to $14,999 | 3,533 | 7.8% | 7.0% |
| $15,000 to $24,999 | 5,563 | 12.3% | 10.5% |
| $25,000 to $34,999 | 4,087 | 9.1% | 9.5% |
| $35,000 to $49,999 | 6,338 | 14.1% | 12.6% |
| $50,000 to $74,999 | 6,793 | 15.1% | 14.3% |
| $75,000 to $99,999 | 3,114 | 6.9% | 8.2% |
| $100,000 or more | 6,324 | 14.0% | 13.9% |
Shares are of the 45,050 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 9.2% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Pensacola
| Metric | Pensacola | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.536 | 0.551 | 0.552 |
| Male Median Income | $69,606 | $60,595 | $69,667 |
| Female Median Income | $53,009 | $50,762 | $56,850 |
| Gender Pay Gap | 23.8% | 16.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Pensacola, it is 0.536, lower than Florida's 0.551, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 31% more than women's income in Pensacola, Florida. Over a 35-year career, a 31% wage gap accumulates to roughly $580,895 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pensacola, Florida has narrowed from about 30% to 24% in 2024. Over that period the gap was widest at 33% in 2010, and was narrowest at 18% in 2021. In dollar terms, the gap has widened by $2,683 since 2009.
Employment
| Metric | Pensacola | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 4.8% | 5.2% |
| Working from Home | 16.2% | 15.7% | 15.0% |
| Commute time (minutes) | 17 | 23 | 22 |
Approximately 1,676 people are unemployed in Pensacola, Florida.
The average commute time in Pensacola is 17 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pensacola, Florida has fallen from 9.3% to 6.1% in 2024. Over that period the rate peaked at 10.4% in 2013 and fell as low as 5.4% in 2023.
Pensacola has stayed above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. It came closest in 2021, at 0.1 points higher. The gap has held fairly steady over the period.
Pensacola, FL Wealth Compared With Nearby Cities
Pensacola, FL is the largest of the 4 cities compared here, 53,225 residents against a local median of 21,878. Pensacola, FL's income growth, at 6.3%/yr, runs 64% above the 3.9%/yr typical of the cities around it. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $71,863 against a local median of $51,880, 39% above it. Every measure here with a clear better direction points the same way, so Pensacola, FL is not trading one advantage for another, it reads stronger than its neighbours across the board. The cities themselves spread 2.0%/yr on income growth, so Pensacola, FL sits at one end of an already wide local range rather than apart from it. Pensacola, FL has the highest income growth of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Pensacola, FL | 53,225 | $71,863 #1/4 | 6.3%/yr #1/4 | 6.1% #2/4 | 0.536 #3/4 |
| Brent, FL | 21,878 | $51,880 | 3.9%/yr | 6.1% | 0.567 |
| West Pensacola, FL | 20,455 | $40,639 | 3.4%/yr | 7.4% | 0.524 |
| Ferry Pass, FL | 32,041 | $66,266 | 5.4%/yr | 5.6% | 0.525 |
Conclusion
Considering all these factors, Pensacola, Florida has an overall wealth index grade of C, making it somewhat better than Florida, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Pensacola, Florida.
How Rich Is Pensacola, Florida?
Pensacola has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $71,863, about 4% lower than the Florida average of $74,580.
How fast is household income rising in Pensacola, Florida?
Between 2009 and 2024, the median household income in Pensacola, Florida rose 68%, from $42,867 to $71,863. Over the same years, income here outpaced Florida as a whole: +68% against +57%.
What was the median household income in Pensacola in 2023?
In 2023, the median household income in Pensacola, Florida was $71,072, up 7% from $66,285 in 2022. The Florida median that year was $71,864.
What was the median household income in Pensacola in 2020?
In 2020, the median household income in Pensacola, Florida was $55,576. By 2024 it had risen 29% to $71,863.
Is it hard to find a job in Pensacola, Florida?
Unemployment in Pensacola, Florida is 6.1%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Pensacola, Florida?
The Gini coefficient in Pensacola is 0.536. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Pensacola, Florida?
Since 2009, the income gap between men and women in Pensacola, Florida has narrowed from about 30% to 24% in 2024. Over that period the gap was widest at 33% in 2010, and was narrowest at 18% in 2021. In dollar terms, the gap has widened by $2,683 since 2009.
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