The US average is 7.3%. – The Income Tax Rate for Tampa is 0.0%. The US average is 4.6%.
Income and Salaries for Tampa.
| ECONOMY | Tampa, Florida | United States |
|---|---|---|
| Unemployment Rate | 5.0% | 6.0% |
| Recent Job Growth | -4.3% | -6.2% |
| Future Job Growth | 42.7% | 33.5% |
| Sales Taxes | 8.5% | 6.2% |
Contents
Does Tampa have a good economy?
Two different economic reports released last week reveals what has been an ongoing trend for years: Tampa ranks behind many of its peer cities nationally and in Florida when it comes to key economic measures such as job growth rate, local average wage, household income and education attainment.
Is Tampa poor?
The poverty rate in Tampa is 20.0%. One out of every 5 residents of Tampa lives in poverty. How many people in Tampa, Florida live in poverty? 71,425 of 356,855 Tampa residents reported income levels below the poverty line in the last year.
Is Tampa a cheap place to live?
With lower-than-average rents and utilities, Tampa Bay is one of the most affordable areas of its size in the nation.The report calculated Tampa Bay’s Cost of Living Index score based on six categories: housing, utilities, groceries, transportation, health care and miscellaneous goods and services.
What is a good salary to live in Tampa?
The group estimates a family of two adults and two children in the Tampa/St. Pete area would need to earn a combined $ 77,064 per year — or $ 6,422 a month — to live comfortably.
Is Tampa Florida growing?
Tampa is the third-fastest growing city in Florida, adding more than 6,000 new residents, year over year. The Tampa cost of living is 8% below the national average. The city ranks #1 for the small tech market.
What is the main industry in Tampa Florida?
Today, Tampa’s economy is driven by tourism, health care, finance, insurance, technology, construction, and the maritime industry. The bay’s port is the largest in the state, responsible for over $15 billion in economic impact.
Is Tampa a low income community?
Census Tract 30 is a Low-Income Community Opportunity Zone located in Tampa, Florida .
$25K.
| Location | Median household income |
|---|---|
| Hillsborough County | $61,000 |
| Florida | $59,000 |
| U.S. average | $66,000 |
Is Tampa a good place to live?
Tampa is a great place to live and work. Tampa, Florida’s cost of living is 5% lower than the national average.Local amenities such as grocery stores, restaurants, entertainment venues and parks are within an easy walk or short drive for most Tampa residents. In fact, Tampa has earned an A+ rating for its amenities.
What is Tampa known for?
The city of Tampa, situated on an inlet reaching far into the west coast of Florida, is the economic center of western Florida. Tampa is best known for its tourist attractions, especially Busch Gardens, where families get the thrill of an amusement park and the fun of a zoo all in one place.
Should I move Tampa or Orlando?
In general, Tampa is safer than Orlando with a violent crime rate just half that of Orlando’s. The city of Orlando has 4,800 property crimes per 100,000 people compared to 1,600/100k in Tampa. Overall, Orlando has 3x more reported crime than Tampa!
What are the pros and cons of living in Tampa Florida?
The Pros and Cons of Living in Tampa, FL
- PRO: Living in Tampa, FL is Good for Families.
- CON: The Humidity in Tampa Can Often Feel Oppressive.
- PRO: Finding a Quiet Place to Settle Down is Possible.
- CON: Living in Tampa Means Dealing With an HOA.
- PRO: Access to Excellent Storage Living in Tampa.
Where should I not live in Tampa?
Some popular Tampa neighborhoods to avoid include: Orient Park: Crime rates 60% higher than the rest of Tampa. Live Oaks Square: 1 in 20 chance of becoming a victim of a crime. Highland Pines: Crime rates 233% higher than the rest of Tampa.
Is Tampa hotter than Miami?
If you’re curious about the weather differences between the two cities, you won’t find a major change between the Tampa vs. Miami climate. Both areas see warm high temperatures that average around 90°F and cool, comfortable lows around the 50s and 60s.
Is it cheaper to live in Tampa or Miami?
The cost of living in Tampa, FL is -15.4% lower than in Miami, FL. You would have to earn a salary of $50,751 to maintain your current standard of living. Employers in Tampa, FL typically pay -2.2% less than employers in Miami, FL.
Is it cheaper to live in Tampa or St Petersburg?
St. Petersburg is 1.5% less expensive than Tampa.Petersburg housing costs are 3.1% less expensive than Tampa housing costs. Health related expenses are 2.9% more in St.
Why is Tampa so expensive?
“The massive increase in net migration due to the pandemic has also just put a huge amount of pressure on housing in the Tampa Bay area,” explained Lybik. On average, more than 800 people move to Florida every day. The pandemic has also contributed to rising rent costs by shorting the supply of construction materials.
Where do most black people live in Tampa Florida?
The city of Tampa remains the home of most of the county’s black residents, though more are living near the University of South Florida (USF) and fewer are living in what is now Tampa Palms. Vast suburban growth didn’t have much effect on old-guard Tampa neighborhoods or the retirement haven of Sun City Center.
Is Tampa a diverse city?
With a diversity score of 92 out of 100, Tampa is much more diverse than other US cities. The most diverse area within the Tampa metro area’s proper boundaries is to the east of the city. The least diverse areas are located in the northwest parts of Tampa.
How many Fortune 500 companies are in Tampa?
Tampa Bay is home to 20 corporate headquarters, five of which have been named to the Fortune 500 list for 2020: Publix Super Markets, which moved up four notches to claim the No.
How far is Tampa from the beach?
The distance to the beach depends on where you are living. From North Tampa and USF area, you will probably spend about 45 minutes driving out to the beach, depending on what beach you are going to. Clearwater beach is the easiest and fastest drive, whereas Ft. DeStoto park may take up to two hours from North Tampa.
