HousingHandbookReference data

U.S. ZIP Code · FL32514

Escambia County · Pensacola-Ferry Pass-Brent, FL

Typical home value

$259,973[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.6%
5-year / yr
+5.4%
10-year / yr
+7.1%

Relative price

vs U.S.
-8.5%
vs metro
-8.1%
vs state
-25.0%
ZIP 32514 location in FL
Location of ZIP 32514 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 32514 is worth $259,973 — 8.1% below the Pensacola-Ferry Pass-Brent, FL median. Over the past year, values have risen 1.6%. Homes here rent for a typical $1,494 a month — a 6.9% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,494[2]
Gross yield
6.9%[2]
Cap rate
4.1%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$1,733[3]

#Climate risk

FEMA National Risk Index ratings for Escambia County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively Moderate
Coastal flood
Relatively Moderate
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Very High
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
42,447[3]
Median household income
$66,644[3]

#Migration

Household moves in and out of Escambia County over a year, from IRS tax-return data.

Net migration
+812[5]
Moved in
11,757
Moved out
10,945

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
2
Middle
1
High
0
  • FERRY PASS MIDDLE SCHOOL

    Middle · Grades 6–8 · ESCAMBIA

    959 students

  • FERRY PASS ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · ESCAMBIA

    578 students

  • ENSLEY ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · ESCAMBIA

    463 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield6.9%
Net yield (after ~40% expenses)4.1%
Annual rent$17,927

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,315
Loan principal$207,978
Down payment$51,995
Total interest paid$265,265

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.12
Monthly cost to own$1,676
Monthly rent$1,494

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
81st percentile[1]
Rental yield
44th percentile[2]
Property tax
81st percentile[3]

Frequently asked

How much is a home worth in ZIP code 32514?
The typical home in 32514 is worth $259,973, based on the Zillow Home Value Index.
Are home values rising in 32514?
Home values in 32514 are up 1.6% over the past year, and up 5.4% a year over five years.
What is the typical rent in 32514?
A typical home in 32514 rents for about $1,494 a month, a gross rental yield of 6.9%.
What is the property tax rate in 32514?
The effective property tax rate in 32514 is 0.7% — roughly $1,733 a year on a typical home.
Who lives in 32514?
ZIP code 32514 has a population of 42,447 and a median household income of $66,644.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Pensacola, FL

    Typical home
    $268,697
    Gross yield
    7.8%
  • Pensacola, FL

    Typical home
    $270,196
    Gross yield
    6.6%
  • Harold CDP, FL

    Typical home
    $270,263
    Gross yield
  • Chumuckla CDP, FL

    Typical home
    $273,893
    Gross yield
  • Myrtle Grove CDP, FL

    Typical home
    $244,154
    Gross yield
    7.4%
  • Munson CDP, FL

    Typical home
    $276,672
    Gross yield
    7.8%

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