West Pensacola, FL

Very Low · 60

Florida · Population 20,679 · Updated March 2026

$1,086
Median Rent / Month
$38,641
Median Income
$109,800
Median Home Value
$958
Owner Costs / Month

Affordability

How far your income goes in West Pensacola

33.7%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Florida

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.86%
Property Tax Rate

Estimated Annual Costs

$13,032
Annual Rent
$0
State Income Tax
$944
Property Tax (est.)

Cost of Living Overview

West Pensacola is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 60 (where 100 equals the national median), West Pensacola residents can expect to pay median rent of $1,086/month while earning a median household income of $38,641/year.

The median home value in West Pensacola, FL is $109,800, with typical monthly owner costs around $958 including mortgage, insurance, and taxes. At 33.7% rent-to-income ratio, residents of West Pensacola are spending more than the recommended 30% of income on housing, indicating moderate cost burden.

Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in West Pensacola.

Frequently Asked Questions

Common questions about living costs in West Pensacola

What is the cost of living in West Pensacola, FL?
The cost of living index in West Pensacola, FL is 60 (US average = 100). Median monthly rent is $1,086, median household income is $38,641/year, and the median home value is $109,800.
Is West Pensacola, FL affordable?
Yes, West Pensacola is more affordable than the national average with a cost index of 60. The rent-to-income ratio is 33.7%—above the 30%% affordability threshold.
What is the average rent in West Pensacola, FL?
The median gross rent in West Pensacola, FL is $1,086 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,032.
What is the median household income in West Pensacola?
The median household income in West Pensacola, FL is $38,641 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Florida?
Florida has a top income tax rate of 0%, a sales tax of 6.0%, and an effective property tax rate of 0.86%. Notably, there is no state income tax.