Hillsborough County · Florida · South · 402k residents
Tampa, FL: economy, jobs & business costs
The site-selection read on Tampa: 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: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,500/wk. Florida's corporate income tax rate is 5.5%. Commercial electricity averages 11.0¢/kWh.
Compare Tampa side by side
Avg. weekly wage
$1,500/wk
Corporate income tax
5.5%
Bachelor's degree or higher
45.7%
Commercial electricity
11.0¢/kWh
Economic momentum
How fast Tampa's economy is moving, ranked against the US cities we track.
63/100
Steady
Ranks Tampa'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.
| Median home value | $420,000 |
| Price per sq. ft. | $275 |
| Property tax rate | 0.9% |
| 1-bedroom rent | $1,600/mo |
| 2-bedroom rent | $1,900/mo |
| State & local income tax | 0% |
| Sales tax | 7.5% |
| Corporate income tax | 5.5% |
| Avg. weekly wage | $1,500/wk |
| Bachelor's degree or higher | 45.7% |
| Commercial electricity | 11.0¢/kWh |
| Businesses per 1k residents | 36.3/1k |
| 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 | 103 |
| Groceries index | 102 |
| Utilities | $180/mo |
| Transit pass | $65/mo |
| Gas price | $3.20/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,150/mo |
| Median household income | $71,000 |
| Unemployment rate | 3.4% |
| Population | 402k |
| Crime index | 42/100 |
| School rating | 6.0/10 |
| Walkability | 51/100 |
| Disaster risk | 99/100 |
| Avg. commute | 27 min |
| Sunny days / year | 246 days |
| July high | 91°F |
| January low | 53°F |
| Annual snowfall | 0 in |
| Home price YoY | -2.7% |
| Home price MoM | -0.2% |
| Rent YoY | -1.3% |
| Rent MoM | -0.1% |
| Employment (jobs) YoY | +0.7% |
| Building permits YoY | +10.7% |
| Ocean coast | 23 mi |
| Big lake | 123 mi |
| Mountains | 432 mi |
| Major airport | 5 mi |
| Ski resort | 534 mi |
Popular comparisons
Nearby
- Palm River-Clair Mel, FL · 28k
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- East Lake-Orient Park, FL · 29k
- Temple Terrace, FL · 27k
- Town 'n' Country, FL · 86k
Similar size
- Miami, FL · 460k
- Orlando, FL · 320k
- St. Petersburg, FL · 263k
- Port St. Lucie, FL · 232k
- Hialeah, FL · 226k
Real listings in Tampa
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Tampa 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 $1,500/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 Tampa, FL?
- Tampa indexes at 103 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,900/mo and a median home value of $420,000.
- How much does a house cost in Tampa?
- The median home value in Tampa is $420,000 (compiled estimate; individual listings vary).
- How much is rent in Tampa?
- A two-bedroom in Tampa rents for about $1,900/mo.