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Hillsborough County

Learn about the people, housing, costs and businesses in Hillsborough County County

Median Home$392,694
Median Rent$1,770/month
Population1,522,748
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services16% healthcare
Home Value Growth⬆⬆+21.0% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners61% of occupied units
NotableAmenity Score73/100 · highly walkable area
NotableHighly Educated23% bachelor's · 10% graduate · top 12% nationally
Hillsborough County
FL

Frequently Asked Questions

What are today's mortgage rates in Hillsborough County?

As of today, the 30-year fixed mortgage rate for Hillsborough County is approximately 6.960% (6.983% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Hillsborough County
What is the median home price in Hillsborough County?

The median home value in Hillsborough County is $393k. The median monthly rent is $1,770. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hillsborough County?

Home values in Hillsborough County have increased 21.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Hillsborough County?

Based on a typical all-in ownership cost of $1,655/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hillsborough County is $88k/year.

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What industries drive the economy in Hillsborough County?

The largest employment sectors in Hillsborough County are public administration (21%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas