Can you afford to live in Tampa?

Median household income, home values and rent in Tampa, FL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Tampa.

Median household income: $71,302 — +61.4% since 2015 (not adjusted for inflation)

Median gross rent: $1,567/mo — +63.2% since 2015

Median home value, 2015 to 2023

• 2015: 160300
• 2023: 375300

Median household income

• Tampa: 71302
• Hillsborough County: 75011
• FL: 71711
• U.S.: 78538

Median gross rent

• Tampa: 1567
• Hillsborough County: 1543
• FL: 1564
• U.S.: 1348

Share of income a typical renter spends on rent: 32.5% — U.S.: 30.2%

What it means

The typical household here earns $71,302 — slightly lower than the national figure of $78,538.

The typical renter here spends 32.5% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+63.2% versus +61.4%), before adjusting for inflation.