What percentage of people rent in Pace, FL?
17.0% (±3.4 points) of the occupied homes in Pace, FL are rented (2020–2024 American Community Survey).
That is 1,589 renting households against 7,739 that own their home.
In Pace, the share of households that rent went from 22.8% in 2015–2019 to 17.0% in 2020–2024 (−5.8 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 17.0% (±3.4 points)
- Renting households
- 1,589 (±313)
- Median renter income
- $53,083 (±$9,135)
Who rents and who owns in Pace
| Pace | Santa Rosa County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 17.0% (±3.4 points) | 19.4% (±1.4 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 1,589 (±313) | 14,074 (±1,087) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 7,739 (±488) | 58,531 (±1,111) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.7 (±0.4) | 2.5 (±0.1) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.1) | 2.7 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $53,083 (±$9,135) | $63,429 (±$4,628) | $53,617 (±$353) | $52,966 |
| Median owner household income | $91,637 (±$14,263) | $98,751 (±$2,689) | $88,144 (±$469) | $100,009 |
In Pace, the renter share is not measurably different from Santa Rosa County (19.4%).
It is also lower than in Florida (32.4%).
It is lower than the national figure (34.8%).
In Santa Rosa County, Pace ranks 9 of 16 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 621 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Pace has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 22.8% (±3.6 points) | 17.0% (±3.4 points) | −5.8 percentage points | Measurable decrease |
| Median gross rent | $1,092 (±$86) | $1,282 (±$168) | +17.4% | No measurable change after inflation |
| Median household income | $70,292 (±$4,634) | $80,701 (±$5,409) | +14.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Pace
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Pace | — | 17.0% (±3.4 points) | — |
| Pea Ridge | 4.1 mi | 29.0% (±11.2 points) | Higher |
| Wallace | 4.3 mi | 7.6% (±5.1 points) | Lower |
| Ferry Pass | 6.7 mi | 53.0% (±3.6 points) | Higher |
| Milton | 6.8 mi | 47.1% (±8.3 points) | Higher |
| Bagdad | 7.5 mi | 8.3% (±4.8 points) | Lower |
| Gonzalez | 7.5 mi | 17.9% (±5.5 points) | Not measurably different |
| Point Baker | 8.3 mi | 33.6% (±9.5 points) | Higher |
| Ensley | 9.0 mi | 43.4% (±4.8 points) | Higher |
Nearby places with a measurably lower figure: Wallace, FL (7.6%), Bagdad, FL (8.3%).
Nearby places with a measurably higher figure: Pea Ridge, FL (29.0%), Ferry Pass, FL (53.0%), Milton, FL (47.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Santa Rosa County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 3 | Point Baker | 33.6% (±9.5 points) |
| 4 | Pea Ridge | 29.0% (±11.2 points) |
| 5 | Oriole Beach | 22.9% (±14.3 points) |
| 6 | Gulf Breeze | 21.8% (±9.4 points) |
| 7 | Midway (community, Santa Rosa County) | 21.3% (±3.9 points) |
| 8 | Navarre | 17.9% (±2.7 points) |
| 9 | Pace | 17.0% (±3.4 points) |
| 10 | Holley | 16.6% (±9.9 points) |
| 11 | East Milton | 14.2% (±5.9 points) |
| 12 | Tiger Point | 12.6% (±7.7 points) |
| 13 | Navarre Beach | 11.6% (±9.8 points) |
| 14 | Bagdad | 8.3% (±4.8 points) |
| 15 | Wallace | 7.6% (±5.1 points) |
Showing 13 of 16 places in Santa Rosa County, ranked from highest to lowest.
Pace is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Pace
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Pace, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Pace beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Pace, and send estimates and invoices from your phone.
Questions about Pace
How many renters are there in Pace?
Pace has an estimated 1,589 (±313) renting households, 17.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Pace?
In Pace, the share of households that rent went from 22.8% in 2015–2019 to 17.0% in 2020–2024 (−5.8 percentage points), a measurable decrease.
How big are renting households in Pace?
A renting household in Pace has 2.7 people on average, against 2.8 in an owned home.
How much do renters earn in Pace?
The median renting household in Pace, FL has an income of $53,083 (±$9,135) a year, against $91,637 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pace CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Pace CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Pace CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Pace CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Pace CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Pace CDP, Florida (place:53725, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Pace at a glance
- Median rent in Pace
- Rent by bedrooms in Pace
- Rent burden in Pace
- Income and affordability in Pace
- Home values in Pace
- Homeowner costs in Pace
- Property taxes in Pace
- Types of homes in Pace
- Bedrooms in Pace
- Age of homes in Pace
- Heating fuel in Pace
- Commute and cars in Pace
- Population growth in Pace
- How long people stay in Pace
- Crowding and facilities in Pace
- Florida landlord and tenant rules
- Housing across Santa Rosa County
- Florida places ranked by share of renters
- Housing data for every place in Florida