Tampa, FL is a great place to live or visit with its variety of attractions such as Busch Gardens, Lowry Park Zoo, or the Florida Aquarium. With its numerous restaurants like Columbia Restaurant and Ulele that offer a unique blend of Cuban, Spanish, and Floribbean flavors there is something for everyone. The cost of living is relatively low compared to other cities in the US with 2 bedroom rent at $1,780 while the national average is $1,430. Groceries are also comparatively less expensive than the rest of the country with an index rating of 105 versus 100 in the US. Tampa has many national and local companies such as Raymond James Financial Inc., Bloomin' Brands Inc., Jabil Circuit Inc., Tech Data Corp., and Amalie Arena that help make Tampa a vibrant city.
Tampa has an unemployment rate of 5.0%. The US average is 6.0%.
Tampa has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 42.7%, which is higher than the US average of 33.5%.
Tax Rates for Tampa
- The Sales Tax Rate for Tampa is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tampa is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Tampa
- The average income of a Tampa resident is $29,704 a year. The US average is $28,555 a year.
- The Median household income of a Tampa resident is $59,893 a year. The US average is $69,021 a year.