Cantonment | Escambia Co Business Social
Cantonment is a small community in Escambia county Florida. With a population of just under 28,000 residents and five neighborhoods, Cantonment is the 113th largest community in Florida.
Cantonment lacks a public transit system to get to and from work, buy groceries, or take the kids to their doctor's appointment, so you'll want a car. Regardless of the means by which you commute around town, Cantonment is notable in that residents have a long commute to work than most places, with a commute time from home to work for those of us who live here between 15 to 30 minutes on average.
The average rental price in Cantonment is between $1200 and $2500 a month, while the average rental cost is lower than over 48 percent of other towns and cities in Florida.
The education level of Cantonment is higher than in the average of most cities across America with nearly 26 percent of residents having at least a bachelors degree; compare that to the average community in America, which has just under 22 percent with a bachelor's degree or higher. Of course, these days when you get a higher education it comes with a lot of debt! So, if you're someone who falls into this scenario, consider your options long before thinking about purchasing a home, and even before the ink is dry on your student loan note!
There are two measures for understanding income: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income.
The per capita income in Cantonment last reported was nearly $34,000, which is middle class income in Florida. This equates to an annual income of $136,000 for a family of four, while over eight percent of the it population live below the federal poverty line. Simply put, that's good, but we can do better and that begins with a good education!
Median real estate price in Cantonment is around $253,000 to $397,000.
Cantonment is a rural community, and well within the Zero Down Payment guidelines set for a USDA Rural Development Home Loan Program, or the low down payment FHA 203K Renovation Home Loan Program.
Real estate in Cantonment is primarily made up of medium sized three or four bedroom single-family and manufactured homes, with a average mix of owners and renters. Many of the residences in Cantonment are older, established, built between 1970 to present day.
If you want to raise a family, then look no further than Cantonment with its good public schools, above-average safety from crime, and a high rate of home ownership. There is also a high proportion of families with school-aged children living here. It's a community where parents and children can develop a sense of community. And, the residents here value education, which is reflected in the strength of the local schools.
There are five neighborhoods with lots of land that make up the community of Cantonment.
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Pine Forest Hills
Pensacola Highlands
Milestone
Harvesters
Quintette Acres
Cantonment vacancy rates vary for each neighborhood, but on average vary between under 8 to almost 10 percent, which is well within average compared to other towns and cities.
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8 个月Thanks for taking the time to read my post; I hope it inspires you to connect if you haven't already! I'd like to share with you a little about business, life, and fun here on the third coast - if you don't mind? The Redneck Riviera began in the Florida panhandle cities of Panama City & PCB. Also called LA... Lower Alabama, but more affectionately known as the "Redneck Riviera". A strip of surf and sand that stretches some 95-miles along Florida's Hwy 98, with the most beautiful sugar white beaches in the world. But, as time moves on, boundaries change, and the Redneck Riviera has as well; extending deep into Mississippi, and boot toe of Louisiana's Florida Parishes. Follow my page and see if a visit; business engagement; or perhaps a total relocation is right for you or your business. If you live, work, or play here already, please share in the comments what makes the 3rd Coast great for you. Corrections and especially local updates are always appreciated, and will be used to improve this post.
Sounds like the perfect place to build a family. ???????? Wes McKibbon