Moving to Tampa, FL

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Thinking about moving to Tampa?

You’ll be in good company. Between 2010 and 2016, more than 41,456 people have moved to Tampa, an increase of 12.4%. New residents are attracted to Tampa’s growing economy, excellent year-round weather, and reasonable housing prices. And that’s not even mentioning the beaches: the Tampa Bay area is home to some of the nation’s best beaches, including St. Petersburg, De Soto, Treasure Island and Clearwater. It’s not hard to see why so many are moving here.

Where Are All the New Residents of Tampa Moving From?

In Tampa, the coolest month is January, when the average high is 70 degrees. For people used to Northeast and Midwest winters, that can sound like a dream. Perhaps that’s one of the reasons Tampa has grown so much recently. In fact, the metro area’s population went from 2,971,086 to 3,032,171 between July 2015 and […]

Tampa Metro Economy Ranks Third for Growth Among Top 20 Metros in 2016

The Tampa metropolitan economy saw the third-highest rate of growth among the 20 largest US metros in 2016 according to an analysis of recently released economic data conducted by SpareFoot. The Tampa-St. Petersburg-Clearwater, FL Metropolitan Statistical Area is the 18th largest in the United States. In 2015 the Tampa MSA generated a gross GDP dollar value […]

Tampa Population

Tampa is home to 377,165 Tampanians. With an area of 113.4 square miles, Tampa has a population density of 3,326 persons per square mile, which makes it less dense than many other cities of comparable size.

The Tampa-St. Petersburg-Clearwater, FL Metropolitan Statistical Area boasts a population of 3,032,171 people, of which Tampa proper’s population makes up 12%.

Housing Market in Tampa

One of Tampa’s greatest strengths is its relatively affordable housing market. The median home value in Tampa is $185,000, -8% below the US median value, according to Zillow. The median price per square foot in Tampa is $133. Over the past 5 years, home values in Tampa have increased by 14%.

Renters in Tampa will also have an easy time finding affordable housing. The median rent in Tampa is $1,335 per month, which is 7% lower than the US median. Over the past year, rental rates in Tampa have increased by 2.1%.

Economy in Tampa

The Tampa economy is on fire. The Tampa metro area’s GDP grew by 21% between 2010 and 2015, from $110 billion in 2010 to $134 billion in 2015, a total increase of $24 billion. The metro area has a per capita GDP of $44,139. According to the US Census Bureau, the median household income in Tampa, FL is $47,085, 18% lower than the national median. Tampa’s unemployment rate is 4.1%.

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Weather in Tampa

If hot weather isn’t your thing, you might want to think twice before moving to Tampa. Tampa winters are warm, with an average temperature of 64 degrees. Summers in Tampa are hot, with an average temperature of 82 degrees. The average temperature in Spring is 77 degrees and the average temperature in Fall is 69 degrees.

If you’re moving to Tampa, you better bring your umbrella! Tampa sees an average 105 rainy days per year, and had an average annual rainfall of 46.3 inches. Tampa is relatively humid, with an average annual relative humidity of 74. And don’t sweat it if you forget to pack your sunglasses. Tampa only gets an average of 2,927 sunny hours per year and 101 sunny days, fewer than much of the rest of the country.

Tampa Crime Rate

Tampa is a safe city, with a violent crime rate of only 631 incidents per 100,000 persons according to the FBI, a lower rate than average. Property crime rates in Tampa are relatively low, with a rate of 2,296 incidents per 100,000 persons, a lower rate than average.

Traffic in Tampa

Ask anyone who lives in Tampa what the city’s biggest problems are and traffic will almost certainly be one of them. According to a survey conducted by INRIX, the average commuter in Tampa spends 27 hours in traffic each year, with about 7% of their time commuting in a traffic jam, a higher portion than average among US cities.

Cost of Living in Tampa

Tampa is an expensive place to live with a high cost of living. According to the Bureau of Economic Analysis‘s Regional Price Parity survey, which takes into account cost of living metrics including the price of goods and services and housing, Tampa has a regional price parity of 109.8, 0.3% above the average for US metro areas.

Education in Tampa

Tampa’s workforce is not as educated as comparable cities. Only 16% is in possession of a Bachelor’s degree, and 13% of the population did not complete High School. Only 8% of the population has a Graduate or Professional degree.

Demographics of Tampa

The median age in Tampa is 41.6 years. 48.4% of the population in the Tampa metro area is male, while 51.6% is female. 12.5% of the metro population is foreign born. In terms of racial demographics, Tampa is 80% white, 12% African American, and 0% Asian.

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