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Economy, jobs and prices in Tampa, Florida: official figures

The median household income in Tampa was $75,475 a year in the 2020-2024 American Community Survey (in 2024 dollars), 359th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Florida median $74,568.

Median household income
$75,475
2020-2024
Unemployment rate (ACS)
4.9%
2020-2024
Mean travel time to work
24.8 min
2020-2024
Median gross rent (monthly)
$1,701
2020-2024
Median home value (owner-occupied)
$420,400
2020-2024
Homes occupied by their owners
50.3%
2020-2024
Households with a broadband subscription
93.6%
2020-2024

What is the per capita income in Tampa?

Income per resident (per capita income) in Tampa averaged $52,528 a year in 2020-2024, 182nd highest of 823 US cities of 50,000 or more (US: $44,673; Florida: $42,609).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Tampa?

Tampa's Gini index of household income inequality was 0.543 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 20th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Tampa, Florida?

4.9% of the civilian labor force in Tampa was unemployed on average over 2020-2024 (10,746 people), 341st lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Florida's 4.8%.

Source: U.S. Census Bureau · saved copy

What share of people in Tampa are working?

66.9% of Tampa's 332,628 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 332nd highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Tampa have jobs?

209,031 residents of Tampa held civilian jobs, 62.8% of those aged 16 and over (US: 59.7%), and 2,651 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Tampa?

The largest industry group for working residents of Tampa was education, health care and social assistance (21.0% of employed residents), followed by professional, scientific, management and administrative services (18.2%) and finance, insurance and real estate (12.0%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Tampa work in manufacturing?

Manufacturing employed 4.6% of working residents of Tampa, 59th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 18.2% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Tampa, Florida?

Commuters in Tampa took 24.8 minutes on average to get to work in 2020-2024, 395th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.9% travelled an hour or more and 24.7% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Tampa get to work?

22.0% of workers living in Tampa worked from home in 2020-2024, 160th highest of 823 US cities of 50,000 or more (US: 15.1%). 63.4% drove to work alone, 8.5% carpooled, 1.3% used public transport and 2.2% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Tampa, Florida?

The median gross rent (rent plus utilities) in Tampa was $1,701 a month in 2020-2024, 339th highest of 823 US cities of 50,000 or more (US: $1,413; Florida: $1,669).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Tampa?

Owner-occupied homes in Tampa had a median value of $420,400 in 2020-2024 as estimated by their owners, 361st highest of 823 US cities of 50,000 or more (US: $332,700; Florida: $359,000).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Tampa?

The median home value in Tampa was 5.6 times the median household income, 273rd highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Tampa, Florida own their home?

50.3% of the 166,278 occupied homes in Tampa were lived in by their owners in 2020-2024 and 82,595 were rented, 216th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Florida: 67.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Tampa have broadband?

93.6% of households in Tampa had a broadband internet subscription of some type in 2020-2024, 324th highest of 823 US cities of 50,000 or more (US: 91.0%; Florida: 91.6%).

Source: U.S. Census Bureau · saved copy

How many households in Tampa have no internet?

4.2% of households in Tampa (6,956) had no internet access at home in 2020-2024, 343rd lowest of 823 US cities of 50,000 or more (US: 6.5%); 10.8% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Tampa compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Tampa ranks 465 of 823, highest first.

RankCityMedian household income (2024 dollars)
462Hawthorne$75,848
463Salem$75,487
464Yuba City$75,477
465Tampa$75,475
466Paramount$75,250
467St. Petersburg$75,192
468Arlington$75,171
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Tampa ranks 182 of 823, highest first.

RankCityPer capita income (2024 dollars)
179Rochester$52,671
180Nashua$52,564
181Richland$52,563
182Tampa$52,528
183Beaverton$52,507
184Bozeman$52,507
185Bloomington$52,173
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Tampa ranks 20 of 823, highest first.

RankCityGini index of household income inequality
17Stillwater0.546
18Cincinnati0.543
19Santa Monica0.543
20Tampa0.543
21College Station0.542
22Evanston0.541
23Berkeley0.537
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Tampa ranks 483 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
480Buckeye4.9%
481Georgetown4.9%
482Peabody4.9%
483Tampa4.9%
484Redmond4.9%
485Denver4.9%
486Diamond Bar4.9%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Tampa ranks 332 of 823, highest first.

RankCityLabor force participation rate (16 and over)
329Farmington Hills66.9%
330Lynn66.9%
331Bloomington66.9%
332Tampa66.9%
333Hempstead66.8%
334Arlington Heights66.8%
335Chesapeake66.8%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Tampa ranks 395 of 823, highest first.

RankCityMean travel time to work (minutes)
392Santa Monica24.8
393Greenwood24.8
394Euless24.8
395Tampa24.8
396El Cajon24.8
397Detroit24.8
398Barnstable Town24.8
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Tampa ranks 160 of 823, highest first.

RankCityWorkers who worked from home
157Eagle Mountain22.1%
158White Plains22.1%
159Hillsboro22.0%
160Tampa22.0%
161Fort Collins22.0%
162Livermore21.9%
163Huntington Beach21.8%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Tampa ranks 387 of 823, highest first.

RankCityWorkers commuting by public transportation
384Escondido1.3%
385Fort Collins1.3%
386Spokane Valley1.3%
387Tampa1.3%
388Nashua1.3%
389Broomfield1.3%
390Hampton1.2%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Tampa ranks 765 of 823, highest first.

RankCityEmployed residents working in manufacturing
762Wellington4.6%
763Albuquerque4.6%
764Clovis4.6%
765Tampa4.6%
766Deerfield Beach4.6%
767Baltimore4.5%
768Barnstable Town4.5%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Tampa ranks 579 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
576Chandler21.0%
577Racine21.0%
578Longmont21.0%
579Tampa21.0%
580Hammond21.0%
581Livermore21.0%
582Anaheim21.0%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Tampa ranks 339 of 823, highest first.

RankCityMedian gross rent per month
336Vancouver$1,702
337South Fulton$1,702
338North Miami$1,702
339Tampa$1,701
340National City$1,692
341Collierville$1,691
342Modesto$1,690
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Tampa ranks 361 of 823, highest first.

RankCityMedian value of owner-occupied homes
358Novi$421,900
359Phoenix$420,700
360Little Elm$420,700
361Tampa$420,400
362Troy$420,300
363Delray Beach$420,300
364Buckeye$419,800
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Tampa ranks 270 of 820, highest first.

RankCityMedian home value as a multiple of median household income
267Tacoma5.6x
268Fayetteville5.6x
269New Orleans5.6x
270Tampa5.6x
271Lodi5.6x
272Grand Junction5.6x
273Lake Elsinore5.6x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Tampa ranks 608 of 823, highest first.

RankCityOccupied homes lived in by their owners
605Greensboro50.5%
606Bentonville50.4%
607Detroit50.3%
608Tampa50.3%
609Hillsboro50.2%
610Waukegan50.2%
611Santa Maria50.2%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Tampa ranks 324 of 823, highest first.

RankCityHouseholds with a broadband subscription
321Chico93.6%
322Hawthorne93.6%
323Lake Elsinore93.6%
324Tampa93.6%
325El Cajon93.6%
326Sandy93.6%
327Aurora93.6%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Tampa ranks 481 of 823, highest first.

RankCityHouseholds with no internet access
478Apple Valley4.2%
479Auburn4.2%
480Bakersfield4.2%
481Tampa4.2%
482Malden4.2%
483Wilmington4.2%
484Sparks4.2%
Source: U.S. Census Bureau · saved copy

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Sources

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