Demographics & Statistics
- The Tampa Bay area has grown more than 11% in the past six years and is projected to grow an additional 9 percent by 2011 (approx. 4.1 million residents). The City of Tampa is the 3rd largest city in the state of Florida and the hub of Hillsborough County.
- The population is very diverse, making Hillsborough County the number 3 test market in the country.
- The region is the 12th largest media market in the U.S.; and has averaged as the number 2 Mega Market in the south for over the last 10 years.
- Over 84% of the workforce has a college education or higher.
- Consumer spending in 2006 was over $77 billion.
- Major sports franchises in the region include the Tampa Bay Buccaneers, Devil Rays, and Lightning. Arena Football is also a popular pastime. The region has hosted multiple national sporting events and upcoming commitments include the NFL’s Super Bowl, the SEC Men’s Basketball Tournament, the NCAA Women’s Volleyball Championship and the NCAA Men’s Frozen Four all in 2009.
- Cultural events and institutions are equally well-attended and are a major force in the Bay area market. Annual attendance for cultural events in the downtown alone averages over 2.5 million.
- With over 67,000 employees, downtown Tampa’s workforce comprises over 11% of Hillsborough County’s total workforce; and Westshore’s business district is easily accessible via main transportation arteries.
- Urban growth continues to climb at a steady and consistent pace. Residential development includes 11 new developments that are either completed or under construction. Commercial improvements include more than 150,000 sq. ft. of new retail space that is now available, or will soon be available.
- City of Tampa is investing in infrastructure and quality of life improvements including the Tampa Riverwalk, a new museum for the Tampa Museum of Art, a major new performance quality park, and many road improvements.