Cost of Living in Tampa, FL
Population: 393,389 • 2026 Data
$71,302
Median Household Income
-8% vs national
$1,567
Median Monthly Rent
+16% vs national
$375,300
Median Home Value
+11% vs national
4.7%
Unemployment Rate
Housing in Tampa
The median home value in Tampa, FL is $375,300. Monthly rent for a typical unit averages $1,567, while total monthly housing costs (including utilities and insurance) average $1,553.
Rent-to-income ratio: 26.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Tampa, FL is $71,302. The unemployment rate stands at 4.7%, with a labor force of 213,495 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.