In its fourth annual study, SmartAsset analyzed data to find the most affordable beach towns in America, and Pensacola ranks in the number two spot! It is the first of four Florida beach towns to crack the top 10.
Pensacola ranks second thanks to low home values, affordable housing costs and relatively low property taxes. The median home here is worth just under $156,000, 11th lowest in our study, and the annual property taxes for the average home cost slightly less than $1,200 per year, a top-20 score.
Top Five:
- Gulfport, Miss.
- Pensacola, Fla.
- Biloxi, Miss.
- Port Arthur, Tex.
- Bay St. Louis, Miss.