The hip, urban heart of Florida’s Gulf coast beats in Tampa Bay. Tampa Bay boasts blue skies and sunshine, a sparkling waterfront, world-class chefs, family fun, and a century of Cuban culture – all in Florida’s most diverse travel destination. In Tampa Bay, hospitality is as warm as its weather.
Tampa's population is 3.2M, with a total workforce of 1.4M. The labor market grew by 26,100 jobs over the past year, up by 1.9%. The median household income in Tampa is $57,411, 4.6% higher than last year and 9.1% below the national average of $63,179.In the housing market, total permits issued totaled 22,390 over the last twelve months, up 16.1% year-over-year. Tampa has 359 active new home projects on the market, 13.3% fewer than the 414 from last year. The average list price in the market is $308,943, 4.0% lower than last year and 3.9% below the national average. Over the last three months, new home contracts increased by 8.3% to 2,743. Riverview and Wesley Chapel had the highest concentration of the new home contracts in the Tampa market.