The Tampa Area is Growing By Leaps & Bounds. So, where is everybody going?
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Hillsborough County’s population is projected to grow more than the Tampa MSA, the state of Florida, and the nation by 2025. As people move out of high-density metros, many look to the Tampa area.
Both Hillsborough & Pasco counties are expected to grow at a faster rate than Florida and the U.S. market as a whole. Hillsborough’s rate of growth over the 2020-2025 period is expected to be 8.3% while Pasco comes in at 7.8%, and Pinellas County comes in at 3.6%. Hillsborough is projected to add 123,300 more residents by 2025.
Essential questions for office, industrial, & retail property owners…
📌 Where in our area are folks moving?
📌 What zip codes are expected to grow the fastest?
👉 Tampa zip code 33602 is projected to grow the most at 22% followed by:
📌 Riverview 33578 at 17.3%
📌 Lithia 33547 at 15.6%
📌 Ruskin 33570 at 14.5%
📌 Riverview 33579 at 14.1%
📌 Gibsonton 33534 at 13.3%
Tampa zip code 33647 continues to have the highest population density but lands at an approximate 11.19% rate of growth for the period.
The map below illustrates the Hillsborough Country population growth clusters for the 2020-2025 period.