See How It WorksTampa Real Estate Market Overview
Average Monthly Rent:
$1,315
Percentage Change in Home Price/Value:
3.20%
Median Home Value:
$218,900
Best Time To Sell Home:
July
Affordability Index:
144.3
Days To Sell House:
78.8333
Job Market:
Fair
Public School Ranking:
26
Location and Weather
Tampa is a beautiful coastal city located midway on Florida’s west coast, 25 miles east of the Gulf of Mexico. The Hillsborough and Old Tampa bays border Tampa on the south and west making it a city with lots of waterfront and access to water activities such as boating and fishing.
It is a vibrant city full of arts, cultural events and restaurants. Having a semitropical climate gives Tampa residents access to outdoor activities and entertainment year-round. Interestingly, Tampa is known as one of the stormiest cities in the U.S. because of it summer thunderstorms from June through September.
Population, Job Market and Cost of Living
Tampa’s population in 2018 was 391,883 with a growth rate of 1.99%. Its job growth rate last year was 2.3%. As evidenced by the many new high rises, Tampa is flourishing, 58% of the government jobs in Tampa are in education. The University of South Florida, two state colleges and seven local school districts are there. Large private employers include Publix Super Markets, Inc. with over 37,000 employees. Healthcare employers such as BayCare Health System and HCA West Florida Division employ 45,811 people in Tampa Bay.
With a large pool of jobs to choose from, temperate climate, higher education opportunities and low cost of living, Tampa is a major attraction those wanting the Florida lifestyle.
