This article first appeared in the PR October 2009
issue of Pro Remodeler.
Population: 2,733,761 (14.1 percent increase since 2000)
Existing home sales: Q2 2009 sales were up 20.2 percent from 2008 and up 41.8 percent from Q1
Home prices
• Down 19.5 percent from 2008
• Down 40.8 percent from July 2006 local peak
• Down 10.7 percent over last 5 years
• Up 45.8 percent over last decade
Homeownership rate: 71.5 percent (No. 17 among major metros)
Median household income: $45,243
Local unemployment rate: 11.3 percent (up from 6.9 percent in 2008)
Sources: Greater Tampa Association of Realtors, S&P/Case Shiller Home Price Index, U.S. Bureau of Labor Statistics, U.S. Census Bureau
Data and information on the Tampa remodeling market