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Tampa

Learn about the people, housing, costs and businesses in Tampa, Florida

Median Home$436,866
Median Rent$1,659/month
Population400,061
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation14% healthcare
Home Value Growth⬆⬆+19.6% over 2 years
Young Adults34% of residentswell above average
Homeowners51% of occupied units
NotableAmenity Score85/100 · highly walkable area
NotableTransit80/100 · excellent transit access
Tampa
FL

Frequently Asked Questions

What are today's mortgage rates in Tampa?

As of today, the 30-year fixed mortgage rate for Tampa is approximately 6.902% (6.911% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Tampa?

The median home value in Tampa is $437k. The median monthly rent is $1,659. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tampa?

Home values in Tampa have increased 19.6% 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 Tampa?

Based on a typical all-in ownership cost of $1,644/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tampa is $81k/year.

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What industries drive the economy in Tampa?

The largest employment sectors in Tampa are public administration (23%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.