Best Places for Business and Careers 2019

Pensacola, FL

Pensacola-Ferry Pass-Brent, FL
the place image

Pensacola, FL

Pensacola-Ferry Pass-Brent, FL
gross metro product
$20.6B
population
494.9K
median household income
$55,783
median home price
$216,000
cost of living
2% below nat'l avg
college attainment
26.8%
net migration
1,470 (year: 2018)
unemployment
3.4%
major industries
Aerospace & Defense, Tourism
job growth
2.5% (year: 2018)
As of October 2019
Pensacola, a sea port on Pensacola Bay, has been referred to as The Cradle of Naval Aviation as the Naval Air Station Pensacola was the first Naval Air Station commissioned by the U.S. Navy in 1914. The city is also home to the Blue Angels flight demonstration team and the National Museum of Naval Aviation. Pensacola is also nicknamed The City of Five Flags due to the five governments that have flown flags over it during its history. The flags include Spain, France, Great Britain, the Confederate States of America, and the
U.S. Pensacola hosts a number of historic tours, landmarks, events and annual festivals including the Pensacola Seafood Festival and the Pensacola Crawfish Festival held in the heart of historic downtown, as well as the Greater Gulf Coast Arts Festival.
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On forbes lists
#107
In Cost of Doing Business
#52
In Job Growth
#148
In Education
By The Numbers
EmploymentHousingEducationQuality of Life
Job Growth
2.5% (year: 2018)
Projected Annual Job Growth
1%
Unemployment
3.4%
Median Household Income
$55,783
Household Income Growth
2.6%
High-Tech Employment
0.9%
  • Data is for the metro area
  • Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
  • Numbers as of October 2019


  • a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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