Q4 2020 Erhardt Land Report

SNAPSHOT tampa bay msa

The Tampa-St. Petersburg- Clearwater (MSA) on Florida’s West Coast is composed of Hillsborough, Pinellas, Pasco, and Hernando counties. The region contains the third and fourth largest cities in the state, Tampa and St. Petersburg. With over 3.0 million people, Tampa Bay is the third largest MSA in the Southeast.

Hernando

Pasco

Pinellas

Hillsborough

Average Income: $78,400

COMPANIES EXPANDING AND RELOCATING HERE ENJOY:

Population Growth (2011-2020): 13.8%

• No personal income tax • Young, talented and educated labor force • Stable, pro-business elected leadership • A cost of living that is consistently, and significantly, lower than the national average • An unbeatable quality of life • A diverse population that is expected to grow more than double the national average over the next 5 years

Labor Force: 1.6 million

White Collar Jobs: 64.4%

Residential: 1.5 million

8 Cushman & Wakefield