Hillsborough County Real Estate - Tampa

Tampa

Tampa is Florida's third most populous city, behind Jacksonville and Miami. It is located on the west coast of Florida near The Gulf of Mexico in Hillsborough County. Service, retail, finance, insurance, shipping by air and sea, professional sports, tourism, real estate, and national defense play vital roles in Tampa's economy. Tampa is home to numerous Fortune 1000 companies, including OSI Restaurant Partners, Wellcare Health Plans, TECO Energy, and Raymond James Financial. The University of South Florida is also located in Tampa. Top employers in Tampa are Publix Supermarkets, Baycare Health Care Systems, Wal-mart, Verizon Communications Inc, TECO Energy Inc, and Ties Publishing Co.

Tampa is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 335,709.

The median age for residents of Tampa is 34.6. Around 30% of Tampa households include school aged children and 21% of households include individuals aged 65 years or over. Census records indicate 62.9% of the Tampa population are White, 26.1% are Black or African American, .3% American Indian, 3.4% Asian and 3.2% are Two or more Races. Tampa has a significant Hispanic population. 23% (77,472) of Tampa residents are of Hispanic or Latino origin. Of these 12.36% are of Mexican origin, 31.05% Puerto Rican, 27.48% Cuban and 29.09% are of other Hispanic or Latino origin.

There are 157,130 housing units in Tampa. 21,175 (13.4%) of these were reported as vacant in the 2010 Census. There are 75,684 residential rental units in Tampa. 65,602 of them were occupied in 2010 providing a residential rental vacancy rate of 12.9%.

Tampa links:

Hillsborough County

Hillsborough County is in the Tampa Bay region of Florida, along with Citrus, Hernando, Pasco, Pinellas, Polk, Manatee, and Sarasota counties. Tampa, one of Florida's largest cities, is part of Hillsborough County. Over 1.2 million people live in Hillsborough County.

Hillsborough County has the 6th largest school district in the country, employing approximately 25,000 people. Other major public employers are MacDill Air Force Base, Hillsborough County Government, University of South Florida, and Hillsborough Community College. The largest private sector employers are JP Morgan Chase, H. Lee Moffitt Cancer Center & Research Institute, Citi, Pricewaterhouse Coopers, and Progressive Insurance. Target industries are applied medicine & human performance, high-tech electronics and instruments, business, financial & data services, and marine & environmental activities.

Busch Gardens, one of Florida's main theme parks, is in Tampa and attracts many tourists. Tourists also visit historic Tampa neighborhood of Ybor City, once a cigar factory district, now a National Historic Landmark. Many tourists also flow through the Port of Tampa, which handles about a million cruise passengers each year. Not just for tourists, the port is busiest in the state for cargo, with large quantities of phosphates and steel flowing through it.

Located just outside of Tampa is MacDill Air Force Base, the headquarters for U.S. Central Command and the Special Operations Command. When hurricanes threaten the Atlantic coast, ?hurricane hunter? planes takeoff from MacDill to fly into the storm and take measurements. MacDill employs more than 14,000 and has an estimated impact of $5 billion.

Tampa is ranked by the Globalization and World Cities Research Network as a Gamma+ class city. In 2014 it was ranked as the number two city in the nation for investing in rental properties by All Property Management.

Neighboring Properties

AddressTypeSq FtClass 
6218 N 42nd St Single Family 1,003 B
6214 N 42nd St Single Family 1,089 B
6207 N 41st St Single Family 1,396 B
6215 N 41st St Single Family 1,109 B
6210 N 42nd St Vacant Residential 0 L
6217 N 41st St Single Family 1,110 B
6224 N 42nd St Single Family 1,227 B
6205 N 41st St Single Family 1,700 B
6219 N 42nd St Single Family 1,377 B
6221 N 41st St Single Family 793 B
6211 N 42nd St Single Family 1,506 B
6221 N 42nd St Single Family 1,097 B
6204 N 42nd St Single Family 1,222 B
6209 N 42nd St Single Family 1,341 B
6223 N 41st St Single Family 685 B
6203 N 41st St Single Family 1,344 B
6207 N 42nd St Single Family 1,351 B
6223 N 42nd St Single Family 1,772 B
6205 N 42nd St Single Family 1,341 B
6212 Rolling Hammock Pl Single Family 1,414 B
4110 E Hanna Av Single Family 642 B
4108 E Hanna Av Single Family 1,503 B
6216 Rolling Hammock Pl Single Family 1,314 B
6214 Rolling Hammock Pl Single Family 1,314 B
6210 Rolling Hammock Pl Single Family 1,314 B
6214 N 41st St Single Family 1,476 B
6218 Rolling Hammock Pl Single Family 1,475 B
4106 E Fern St Single Family 998 B
4108 E Fern St Single Family 1,546 B
4007 E Fern St Vacant Residential 0 L
6216 N 41st St Single Family 1,474 B
6203 N 42nd St Single Family 1,340 B
6208 Rolling Hammock Pl Single Family 1,314 B
4104 E Fern St Single Family 704 B
6401 Riverbend Cr Single Family 1,141 B
4102 E Hanna Av Single Family 1,234 B
6210 N 41st St Single Family 2,212 B
6220 Rolling Hammock Pl Single Family 1,451 B
4202 E Hanna Av Single Family 1,341 B
6206 Rolling Hammock Pl Single Family 1,455 B
4102 E Fern St Single Family 694 B
6403 Riverbend Cr Single Family 877 B
6206 N 41st St Single Family 1,489 B
4204 E Hanna Av Single Family 1,344 B
4005 E Fern St Single Family 804 B
6204 Rolling Hammock Pl Single Family 1,314 B
6406 N 42nd St Single Family 1,989 B
6204 N 41st St Single Family 907 B
6405 Riverbend Cr Single Family 1,068 B

Local Household Income

The median household income in this part of Florida is $38,425. The bottom 10% of the population earn less than $10,043 per year. The top 10% earn more than $102,488 per year. The top 1% earn more than $215,563 per year. Most renters earn between $19,464 (20th percentile) and $35,112 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $76,850 and $96,063.

The tax assessed value of this property places it in percentile 14 of all properties in this area. This suggests it would appeal to someone earning around $12,866 per year who should qualify for a mortgage between $25,732 and $32,165.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $820. Most renters earn between $1,622 and $2,926 per month. They typically spend 41% of their monthly income on rent. Most rents fall in the $575 (20th percentile) to $1,160 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 14 of all properties in this area. This corresponds to a rent of $461 per month and a monthly household income of $1,389 ($16,668 per year)

Nearby Companies

L7 Investment Group, LLC
6207 N 40th St
G'S Up Ent. LLC
6207 N 40th St
L7 Lawn Care, LLC
6207 N 40th St
C-Star Solutions, LLC
4111 E Hanna Ave
F&M Elite Trucking LLC
4206 E Hanna Ave
Kool Cups LLC
4206 E Hanna Ave
Disclaimers and Disclosures

Public Records Data

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