Pinellas County
Florida · Pop. 984,556
Ranked #114 of 200 counties
38Crisis
Median Home Price
🏠$360K
6.5% YoY
Median Rent
🔑$1,650
Median Income
💰$55K
Rent Burden
📊34.0%
% of income to rent
Housing Shortage
🏗️18,000
estimated unit deficit
Building Permits (2024)
📋5,500
Price-to-Income Ratio
⚖️6.5x
Homeownership Rate
🏡62.0%
How Pinellas County Compares
| Metric | Pinellas County | Florida | National |
|---|---|---|---|
| Home Price | $360K | $381K | $410K |
| Rent | $1,650 | $1,719 | $1,500 |
| Income | $55K | $73K | $75K |
| Rent Burden | 34.0% | 37.8% | 30.0% |
| Homeownership | 62.0% | 68.0% | 65.0% |
Key Takeaways
- • Home prices are 12% below the national average.
- • Rent is 10% above the national average.
- • The county has an estimated housing shortage of 18,000 units.
- • 5,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 6.5%.