Despite being lower than the state median household income, the median household income in Tampa has been increasing steadily, showing a growth of over 12% in the past four years.
According to the U.S.
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Census Bureau, the median household income in Tampa, Florida, was $54,515 in 2019, lower than the median household income for the state of Florida, which was $59,227 in 2019.
While median household income in Tampa has been increasing, the growth may not be entirely due to real economic growth, as inflation-adjusted figures show that some of this growth may be due to changes in the value of the dollar over time.
In 2021, the median household income in Tampa was $64,739, an increase of $6,598 from 2019, representing a growth of over 12%.
As of 2022, the median household income in Tampa is $71,089, which is about 25% higher than the median household income across the entire state of Florida.
Tampa had a population of 389,000 people with a median age of 35.5 years old as of 2022, and a median household income of $66,802.
Between 2021 and 2022, the population of Tampa grew from 380,476 to 388,768, a 2.18% increase, and its median household income increased from $59,893 to $66,802, a 15.8% increase.
In 2021, the median family income for Tampa was $79,745, which is 3,546 higher than the median Florida family income.
As of 2022, the median household income in the Tampa-St.
Petersburg-Clearwater, FL Metro Area is $69,290, which is about the same as the median household income in the United States.
In 2021, the median household income in Tampa was 64,739, which was 8.5% higher than the median household income of 59,893 in 2020, and 87.7% of the US median household income of 74,606.