Economy in Tampa-St. Petersburg-Clearwater Metro Area, FL

The Tampa-St. Petersburg-Clearwater, FL Metro Area is a vibrant and diverse metropolitan area located in Florida. With its many attractions, from the iconic beaches to its bustling nightlife, it's no surprise that this region has become a popular destination for locals and tourists alike. The area offers plenty of opportunities for those looking to work or study with major companies such as Raymond James Financial, Tech Data Corporation, Jabil Circuit Inc., and Bloomin' Brands Inc. all having corporate headquarters here. Additionally, The University of South Florida and Stetson University are both located in Tampa-St. Petersburg-Clearwater, making education accessible to those living in the metro area. With an average 2 bedroom rent of $1,660 and grocery cost index of 105 versus 100 in the US, the Tampa-St. Petersburg-Clearwater Metro Area provides a desirable quality of life at an affordable price.

Tampa-St. Petersburg-Clearwater Metro Area has an unemployment rate of 4.7%. The US average is 6.0%.

Tampa-St. Petersburg-Clearwater Metro Area 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 42.3%, which is higher than the US average of 33.5%.

Tax Rates for Tampa-St. Petersburg-Clearwater Metro Area
- The Sales Tax Rate for Tampa-St. Petersburg-Clearwater Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tampa-St. Petersburg-Clearwater Metro Area 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-St. Petersburg-Clearwater Metro Area
- The average income of a Tampa-St. Petersburg-Clearwater Metro Area resident is $27,252 a year. The US average is $28,555 a year.
- The Median household income of a Tampa-St. Petersburg-Clearwater Metro Area resident is $61,121 a year. The US average is $69,021 a year.