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EconPulse

Local economy signal dashboard

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COUNTYThriving

Hillsborough County, FL

Thriving overall. GDP / Output is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score68out of 100
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84
53
80
65
NA

Population

1,522,748

Data freshness

Unknown

GDP / Output

+6.4% YoY

84

$152.0B

Output changed +6.4% in 2024.

Vintage date unknown

State growth6.3%
U.S. growth5.3%

Jobs

Unemployment rate

53

4.6%

Unemployment is 4.6% for April 2026.

Vintage date unknown

State avg4.8%
U.S. avg4.3%

Population

+4.9% 5-year

80

1,522,748

Population moved +4.9% over the latest ACS window.

Vintage date unknown

State population22,416,077
U.S. population334,922,499

Housing

Rent share of income

65

25.1%

Median rent consumes 25.1% of median household income: Affordable.

Vintage date unknown

State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

Unavailable per resident

NA

Unavailable

Federal spending data is unavailable for this geography.

Vintage date unknown

State total$324.9B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

Unavailable

No federal obligations were reported for this geography.

Top agencies

Dollars

No agencies reported.

Top recipients

Dollars

No recipients reported.

Affordable

Housing Affordability

25.1%

of median income

1BR estimate$1,367
2BR estimate$1,800
Median income$79,540
Median home value$371,500

ACS context

Quick Facts

Population

1,522,748

Median age

37.9

Bachelor's degree+

38.1%

Poverty rate

12.7%

Labor force participation

65.7%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

HUD Fair Market Rent

Latest available

Data notes
  • USAspending federal inflow temporarily unavailable.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+1.0%

GDP CAGR

+8.3%

Federal flow

N/A

Population (5 years)
20201,451,358
20211,444,359
20221,468,560
20231,489,634
20241,522,748
GDP (5 years)
2020$101.8B
2021$114.8B
2022$129.7B
2023$142.8B
2024$152.0B

2-year linear forecast

Predictive Outlook

Population forecast

20241,522,748
20251,531,748 *
20261,550,554 *

R² = 87.7% · * projected

GDP forecast

2024$152.0B
2025$166.8B *
2026$179.6B *

R² = 99.4% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$79,540/yr
Median rent$1,667/mo
Rent share of income25.1%
Est. mortgage (30yr, 6.5%)$22,542/yr
Mortgage share of income28.3%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.6%
State avg4.8%
U.S. avg4.3%
Labor force participation65.7%
Poverty rate12.7%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$371,500
Median monthly rent$1,667
Price-to-rent ratio18.6x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score71/100
Economic growth84/100
Labor market53/100
Population momentum80/100
Overall stability68/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Hillsborough County, Florida

County

Part of

Tampa-St. Petersburg-Clearwater, FL

Nearby locations

Progress Village, FLPalm River-Clair Mel, FLGibsonton, FLBrandon, FLRiverview, FL