Pinellas County · Florida · South · 263k residents
St. Petersburg, FL: economy, jobs & business costs
The site-selection read on St. Petersburg: labor costs, talent, corporate tax, energy, and business activity, with the Florida median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,361/wk. Florida's corporate income tax rate is 5.5%. Commercial electricity averages 11.0¢/kWh.
Compare St. Petersburg side by side
Avg. weekly wage
$1,361/wk
Corporate income tax
5.5%
Bachelor's degree or higher
42.6%
Commercial electricity
11.0¢/kWh
Economic momentum
How fast St. Petersburg's economy is moving, ranked against the US cities we track.
41/100
Steady
Ranks St. Petersburg's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $371,100 |
| Price per sq. ft. | $260 |
| Property tax rate | 0.8% |
| 1-bedroom rent | $1,423/mo |
| 2-bedroom rent | $1,782/mo |
| State & local income tax | 0% |
| Sales tax | 7% |
| Corporate income tax | 5.5% |
| Avg. weekly wage | $1,361/wk |
| Bachelor's degree or higher | 42.6% |
| Commercial electricity | 11.0¢/kWh |
| Businesses per 1k residents | 42.6/1k |
| Wage: Software developer | $130,450 |
| Wage: Registered nurse | $85,470 |
| Wage: General manager | $103,670 |
| Wage: Customer service | $42,660 |
| Wage: Warehouse worker | $35,420 |
| Wage: Heavy truck driver | $50,560 |
| Wage: Electrician | $57,450 |
| Wage: Retail salesperson | $33,790 |
| Cost of living index | 106 |
| Groceries index | 103 |
| Utilities | $180/mo |
| Transit pass | $65/mo |
| Gas price | $3.25/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,000/mo |
| Median household income | $75,192 |
| Unemployment rate | 3.3% |
| Population | 263k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 42/100 |
| Disaster risk | 98/100 |
| Avg. commute | 28 min |
| Sunny days / year | 240 days |
| July high | 91°F |
| January low | 54°F |
| Annual snowfall | 0 in |
| Home price YoY | — |
| Home price MoM | — |
| Rent YoY | — |
| Rent MoM | — |
| Employment (jobs) YoY | -1.5% |
| Building permits YoY | +63.7% |
| Ocean coast | 8 mi |
| Big lake | 127 mi |
| Mountains | 438 mi |
| Major airport | 16 mi |
| Ski resort | 545 mi |
Popular comparisons
Nearby
- Lealman, FL · 21k
- Pinellas Park, FL · 54k
- Sun City Center, FL · 34k
- Ruskin, FL · 30k
- Apollo Beach, FL · 33k
Similar size
- Port St. Lucie, FL · 232k
- Hialeah, FL · 226k
- Cape Coral, FL · 216k
- Orlando, FL · 320k
- Tallahassee, FL · 202k
Real listings in St. Petersburg
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is St. Petersburg a good place to run a business?
- Florida's corporate income tax rate is 5.5%; average weekly wages in the surrounding labor market run $1,361/wk; commercial electricity averages 11.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in St. Petersburg, FL?
- St. Petersburg indexes at 106 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,782/mo and a acs median home value of $371,100.
- How much does a house cost in St. Petersburg?
- The acs median home value in St. Petersburg is $371,100 (Census ACS estimate; individual listings vary).
- How much is rent in St. Petersburg?
- A two-bedroom in St. Petersburg rents for about $1,782/mo.