NO
On $75,000/yr, the typical $312,296 home in Pensacola, FL needs $93,821/yr ($2,189/mo). Your gap: $-18,821 — housing would be 35% of your gross income.
The math
312,296 price − 10% down (31,230) = 281,066 loan
30-yr fixed at 6.69% on 281,066 = 1,812/mo principal+interest
+ 377/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,189/mo PITI ÷ 0.28 = 7,818/mo → 93,821/yr required
against Zillow ZHVI 2026-06 and the 6.69% FRED 30-yr rate (2026-08-06).
What salary WOULD clear Pensacola, FL?
You need about $93,821/yr for the typical home. That's $18,821 more than $75,000.