Hillsborough County
Florida · Pop. 1,512,070
Ranked #129 of 200 counties
36Crisis
Median Home Price
🏠$380K
4.8% YoY
Median Rent
🔑$1,700
Median Income
💰$62K
Rent Burden
📊33.5%
% of income to rent
Housing Shortage
🏗️48,000
estimated unit deficit
Building Permits (2024)
📋14,000
Price-to-Income Ratio
⚖️6.1x
Homeownership Rate
🏡60.5%
How Hillsborough County Compares
| Metric | Hillsborough County | Florida | National |
|---|---|---|---|
| Home Price | $380K | $381K | $410K |
| Rent | $1,700 | $1,719 | $1,500 |
| Income | $62K | $73K | $75K |
| Rent Burden | 33.5% | 37.8% | 30.0% |
| Homeownership | 60.5% | 68.0% | 65.0% |
Key Takeaways
- • Home prices are 7% below the national average.
- • Rent is 13% above the national average.
- • The county has an estimated housing shortage of 48,000 units.
- • 14,000 building permits were issued in 2024.
- • Year-over-year home prices changed by 4.8%.