Places/FL/Hillsborough County, FL
County profile

Hillsborough County, FL

United States · GDP 2024
#29 of 3,127 US counties by GDP72nd-percentile growthmore diversified than 98% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$152.0B
BEA · 2024
GDP growth (YoY)
+6.4%
BEA · 2024
Jobs tracked
697,689
Census CBP · 2023
Employers
42,977
Census CBP · 2023
Avg. wage
$71.4k
BLS QCEW · 2023
Population
1,574,115
Census PEP · 2025
Labor, income & education
Unemployment
4.7%
Median HH income
$79.5k±$1.2k
Bachelor's degree+
38.1%±0.5%
Poverty rate
12.7%±0.5%
Business applications
43,619 · 2025
Retail establishments
4,756
30.3/10k pop
Industry mix · employment
Health care22%
Finance & insurance17%
Professional services17%
Retail trade17%
Food & accommodation14%
Admin & support13%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
1,574,115
residents · 2025 · +7.4% since 2020
Income per capita $67.7k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+4,664
International migration+81,842
Natural change+20,759

GDP trend

20192024 · nominal
$98.6B
2019
$101.8B
2020
$114.8B
2021
$129.7B
2022
$142.8B
2023
$152.0B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$371.5k±$2.8k
Median gross rent
$1.7k/mo±$14/mo
Vacancy rate
7.5%±0.3%
Affordability
5.2× wages
Residential permits
$2.3B
8,696 units · 5.5/1k pop
FEMA risk score
98.8
HUD Fair Market Rent (2BR):$2.0k/mo · 2026
TOP PERILS · FEMA NRI
Lightning 100Tornado 100Cold wave 99
FHFA HOUSE PRICE INDEX · 20162025
582
2016
639
2017
695
2018
741
2019
783
2020
912
2021
1126
2022
1229
2023
1258
2024
1279
2025
RESIDENTIAL PERMITS · 20212025
-23% since 2021
11,281
2021
17,443
2022
12,716
2023
9,053
2024
8,696
2025

Transport access

BTS · FAA · USACE
Nearest interstate
2.2 km
I-75
Nearest freight rail
2.0 km
CSXT
Nearest port
4.5 km
Tampa Port Authority, FL
Nearest commercial airport
22.7 km
TAMPA INTL
Waterborne tonnage, host port(s) (CY2023):32,018,524 short tons/yr · Tampa Port Authority, FL
Wage trend
BLS QCEW · 20192023
$71.4k
avg. annual pay · +27% since 2019
The read

What is the GDP of Hillsborough?

Hillsborough's economy produced $152.0B in 2024, growing 6.4% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.