Tampa, Florida Income Statistics
Tampa Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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C
Tampa Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Tampa | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $74,904 | $74,580 | $80,455 |
| Median Personal Income | $59,405 | $52,322 | $60,758 |
| Average Yearly Income Growth | 6.5% | 5.4% | 4.8% |
| Six-Figure Earners | 16.0% | 11.6% | 13.9% |
| $200k+ Households | 15.2% | 11.0% | 13.2% |
The median household income in Tampa is about the same as in Florida. Income has been growing faster in Tampa (6.5%/yr) than in Florida (5.4%/yr).
About 16% of adults in Tampa earn six figures ($100,000 or more) a year, higher than the Florida average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Tampa, Florida grew by 75.6% from 2009 to 2024, reaching $74,904 in 2024. That's an average of about 6.5% per year.
Tampa has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has narrowed from 17% in 2009 to 6.9% in 2024, the closest it has been.
Income Distribution in Tampa
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 63,834 households (38.9% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 24.6% of households in Tampa had an income under $35,000 and 24.1% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Tampa has a larger share of households earning $200,000 or more (15.2% vs 13.2%) and a smaller share earning $100,000 to $149,999 (14.8% vs 17.4%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 11,113 | 6.8% | 5.1% |
| $10,000 to $14,999 | 6,716 | 4.1% | 3.5% |
| $15,000 to $24,999 | 11,660 | 7.1% | 6.4% |
| $25,000 to $34,999 | 10,847 | 6.6% | 6.7% |
| $35,000 to $49,999 | 17,537 | 10.7% | 10.1% |
| $50,000 to $74,999 | 24,164 | 14.7% | 15.5% |
| $75,000 to $99,999 | 18,020 | 11.0% | 12.6% |
| $100,000 to $149,999 | 24,286 | 14.8% | 17.4% |
| $150,000 to $199,999 | 14,636 | 8.9% | 9.5% |
| $200,000 or more | 24,913 | 15.2% | 13.2% |
Shares are of all 163,891 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 53,227 residents (16.0% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 18.4% of residents who have any income.
In 2024, 12.9% of Tampa residents aged 15 and over reported no personal income, 29.5% had some income but less than $25,000, and 23.4% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Tampa has a larger share of residents earning $100,000 or more (16.0% vs 13.9%) and a smaller share earning $50,000 to $74,999 (13.3% vs 14.3%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 42,777 | 12.9% | 12.8% |
| $1 to $9,999 | 40,454 | 12.2% | 11.2% |
| $10,000 to $14,999 | 24,516 | 7.4% | 7.0% |
| $15,000 to $24,999 | 33,157 | 10.0% | 10.5% |
| $25,000 to $34,999 | 29,398 | 8.8% | 9.5% |
| $35,000 to $49,999 | 39,988 | 12.0% | 12.6% |
| $50,000 to $74,999 | 44,273 | 13.3% | 14.3% |
| $75,000 to $99,999 | 24,469 | 7.4% | 8.2% |
| $100,000 or more | 53,227 | 16.0% | 13.9% |
Shares are of the 332,257 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 12.9% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Tampa
| Metric | Tampa | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.564 | 0.551 | 0.552 |
| Male Median Income | $70,091 | $60,595 | $69,667 |
| Female Median Income | $58,671 | $50,762 | $56,850 |
| Gender Pay Gap | 16.3% | 16.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Tampa, it is 0.564, higher than Florida's 0.551, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 19% more than women's income in Tampa, Florida. Over a 35-year career, a 19% wage gap accumulates to roughly $399,700 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Tampa, Florida has narrowed from about 18% to 16% in 2024. Over that period the gap was widest at 21% in 2012, and was narrowest at 14% in 2020. In dollar terms, the gap has widened by $3,690 since 2009.
Employment
| Metric | Tampa | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.8% | 4.8% | 5.2% |
| Working from Home | 21.8% | 15.7% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 10,631 people are unemployed in Tampa, Florida.
The average commute time in Tampa is 22 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Tampa, Florida has fallen from 10.8% to 4.8% in 2024. Over that period the rate peaked at 12.3% in 2013 and fell as low as 4.6% in 2023.
Tampa started 2.1 points above the U.S. unemployment rate in 2011 but had dropped below it by 2021, and has not been above it since. In 2024 its rate was 0.4 points lower.
Tampa, FL Wealth Compared With Nearby Cities
Tampa, FL is the largest of the 6 cities compared here, 395,388 residents against a local median of 35,150. Tampa, FL's income growth, at 6.5%/yr, runs 34% above the 4.9%/yr typical of the cities around it. That is the better end of the local range on this measure.
The cities themselves spread 4.2%/yr on income growth, so Tampa, FL sits at one end of an already wide local range rather than apart from it. Tampa, FL has the 2nd highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Tampa, FL | 395,388 | $74,904 #2/6 | 6.5%/yr #2/6 | 4.8% #3/6 | 0.564 #6/6 |
| Egypt Lake-Leto, FL | 35,150 | $54,729 | 4.9%/yr | 6.9% | 0.532 |
| Carrollwood, FL | 37,566 | $84,172 | 3.9%/yr | 4.4% | 0.526 |
| Palm River-Clair Mel, FL | 26,532 | $71,615 | 8.1%/yr | 4.7% | 0.536 |
| Town 'n' Country, FL | 84,768 | $72,958 | 4.6%/yr | 4.8% | 0.536 |
| East Lake-Orient Park, FL | 30,711 | $57,270 | 5.5%/yr | 5.8% | 0.528 |
Conclusion
Considering all these factors, Tampa, Florida has an overall wealth index grade of C, making it somewhat better than Florida, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Tampa, Florida.
How Rich Is Tampa, Florida?
Tampa has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $74,904, close to the Florida average of $74,580.
How has median household income changed in Tampa, Florida?
Between 2009 and 2024, the median household income in Tampa, Florida rose 76%, from $42,654 to $74,904. Over the same years, income here outpaced Florida as a whole: +76% against +57%.
What was the median household income in Tampa in 2023?
In 2023, the median household income in Tampa, Florida was $71,001, up 7% from $66,417 in 2022. The Florida median that year was $71,864.
What was the median household income in Tampa in 2020?
In 2020, the median household income in Tampa, Florida was $55,648. By 2024 it had risen 35% to $74,904.
Is Tampa, Florida a high-income area?
Yes. 16% of adults in Tampa, Florida earn $100,000 or more a year (about 1 in 6), against 12% (about 1 in 9) in Florida. 15% of households have a combined income of $200,000 or more, compared with 11% in Florida.
What is the Gini coefficient in Tampa, Florida?
The Gini coefficient in Tampa is 0.564. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Tampa, Florida?
Since 2009, the income gap between men and women in Tampa, Florida has narrowed from about 18% to 16% in 2024. Over that period the gap was widest at 21% in 2012, and was narrowest at 14% in 2020. In dollar terms, the gap has widened by $3,690 since 2009.
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