About. In 2019, Tampa, FL had a population of 400k people with a median age of 36 and a median household income of $57,709. Between 2018 and 2019 the population of Tampa, FL grew from 392,905 to 399,690, a 1.73% increase and its median household income grew from $54,599 to $57,709, a 5.7% increase.
What is the average income in Tampa Bay Florida?
$55,634
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 24.9 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $55,634 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $37,834 |
What is middle class in Tampa FL?
Tampa Bay’s median income this year is $45,880 — a full $4,000 less than the second-worst city, Miami, and nearly half as much as the highest-income city, Washington, D.C. Home affordability isn’t the problem.
What is a good household income in Tampa?
Reviewing these details in another way, the median household income in Tampa is about $54,599 per year. While this number is about 12% less than the national average, it is an appropriate amount sufficient for Tampa living expenses.
What is considered rich in Tampa?
TAMPA
- Money it takes to be considered rich in Tampa: more than $102,230.
- Money it takes to be in the top 1 percent in Florida: $385,410.
- Median income in Tampa: $51,115.
- Metro-area population: 3 million.
Is Tampa FL expensive to live?
Tampa is a reasonably priced city. It is more expensive than the median American city but less expensive than metros like San Diego or New York. For example, a family of four will need an income of $50,000 to $90,000 to live in Tampa; a single adult can live in the city for about $32,000 a year.
What is the cost of living in Tampa?
Tampa cost of living is 100.1
| COST OF LIVING | Tampa | Florida |
|---|---|---|
| Grocery | 105.1 | 102.8 |
| Health | 98.5 | 98 |
| Housing | 94.9 | 102.6 |
| Median Home Cost | $306,900 | $294,900 |
What salary is upper class in Florida?
As of Aug 3, 2022, the average annual pay for the Upper Class jobs category in Orlando is $49,876 a year. Just in case you need a simple salary calculator, that works out to be approximately $23.98 an hour.
What income is considered rich in Florida?
Population: 454,279. Lowest Income to be Considered “Rich” (Top 20%): $92,902. Average Income of the Top 20%: $203,173. Average Income of the Top 5%: $414,523.
What is a good salary to live comfortably in Florida?
In Florida, MIT says on average a single person needs to make a minimum of $30,825 a year before taxes in order to make a livable wage. Here’s how the state average breaks down, according to the calculator: Single person: $30,825. Single adult, 1 child: $64,317.
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 Tampa cheap to live?
Tampa Bay is more affordable than any other urban area in Florida, according to a new report. With lower-than-average rents and utilities, Tampa Bay is one of the most affordable areas of its size in the nation.
What’s the minimum wage in Tampa Florida?
While Florida’s minimum wage is $10 per hour, the federal minimum wage is even paltrier — just $7.25 per hour.
Is Tampa a black city?
Tampa Demographics
White: 61.61% Black or African American: 23.32% Two or more races: 7.33% Asian: 4.49%
Where do millionaires live in Tampa?
Sunset Park ties with Davis Island as the richest Tampa neighborhoods based on average home sale prices and is perfect for quiet yet upscale living for those who can’t get enough of the water.
Is rent expensive in Tampa?
Miami is the most overvalued rental market in the U.S., with a 21.75 percent premium, followed by Fort Myers (18.16 percent), Tampa Bay, Sarasota (16.98 percent) and Port St. Lucie (15.61 percent).
What part of Tampa is best to live in?
Best Suburbs of Tampa, Florida
- Citrus Park. Population: 24,252. Median Home Value: $215,400.
- Land O’ Lakes. Population: 31,996.
- Westchase. Population: 21,747.
- East Lake. Population: 30,962.
- Valrico. Population: 35,545.
- Wesley Chapel. Population: 44,092.
- Oldsmar. Population: 14,841.
- Palm Harbor. Population: 57,439.
What is the cheapest city in Florida to live in?
The most affordable places to live in Florida are:
- Kissimmee, Fla.
- Palm Coast, Fla.
- Cape Coral, Fla.
- Palm Bay, Fla.
- Orlando, Fla.
- Gainesville, Fla.
Is it cheaper to live in Orlando or Tampa?
Orlando is 4.0% more expensive than Tampa. Orlando housing costs are 11.8% more expensive than Tampa housing costs. Health related expenses are 1.3% less in Orlando.
What is the average electric bill in Tampa Florida?
Electricity bills in Tampa, FL
In Tampa, FL, the average monthly electricity bill for residential consumers is $205/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,563 kWh * 13 ¢/kWh.
How much is a gallon of milk in Tampa?
Food prices
| Markets | Edit |
|---|---|
| Milk (regular), (1 gallon) | 4.06$ |
| Loaf of Fresh White Bread (1 lb) | 3.27$ |
| Rice (white), (1 lb) | 1.78$ |
| Eggs (regular) (12) | 3.45$ |