Area Insights of Tampa, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 8357 homes were sold with 2975 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Tampa, FL

Date

04-05-2023

Price Ratio

99%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Grant Park Christian Academy

PK to 8

Early Steps Montessori Academy

PK to 3

La Roca Christian Academy

PK to 4

Huntington Learning Center South Tampa

4 to 8

Icon Preparatory School

KG to 8

Middle School

No schools available

High School

Dr Kiran C Patel High School

9 to 12

Ratings

B-

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 15% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (844,747)
417,896 Male
426,851 Female
Education
25% High School
9% Associate
25% Bachelor
15% Graduate
Age

Average Age is 37 Years

Household Details

The area's household landscape is diverse, with 51% owner-occupied homes and 49% renter-occupied properties. Family households represent 57% of the population, indicating a strong community focus on family living. The average home value stands at $536,508, which suggests ample demand for multi-bedroom properties.

Total Households
346,551
Average home value
$536,508
Owned
51%
Rented
49%
Vacant
6%
Families
57%
Married
37%
With children
27%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 6% Asian, 19% Black, and 0% Native residents, alongside 46% White and 32% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 29% of households earning over $100,000 annually, while 29% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
14%
Professional
11%
Education
8%
Services
30%
Labor
15%
Retail
13%
Other
7%
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