Hillsborough County, Florida

Income Data

+15% vs. Florida average
$75,011
Median Household Income
$41,980
Per Capita Income

At a Glance

Median Household Income
$75,011
+15% vs. state avg
Per Capita Income
$41,980
+6% vs. national
Income-to-Housing Ratio
22.5%
income as % of home value
Rank in Florida
#16 / 67
by median household income

How Hillsborough County Compares

Hillsborough County$75,011
Florida Average$65,468
National Median$74,755

Detailed Income Statistics

$75,011
Median Household Income
$41,980
Per Capita Income
$333,300
Median Home Value
22.5%
Income-to-Housing Ratio

Data Story

About Household Income in Hillsborough County, Florida

Hillsborough edges above national average

Hillsborough County's median household income of $75,011 exceeds the national median of $74,755 by $256, placing it squarely in the national middle-to-upper tier. The county punches above its weight as Florida's most economically diverse region.

Hillsborough leads Florida earnings

At $75,011, Hillsborough County's median household income runs $9,543 above Florida's state average of $65,468, ranking it among the state's top earners. The county's size and economic diversity drive higher incomes than most peers.

Hillsborough far outpaces regional peers

Hillsborough County's $75,011 towers over neighboring rural counties like Hendry ($53,044) and Highlands ($55,581), and exceeds even wealthier communities like Indian River ($71,049). The Tampa Bay metro area's diversity and scale create superior earning potential.

Higher income meets higher costs

Hillsborough's rent-to-income ratio of 24.7% reflects the region's higher incomes being matched by elevated housing costs. With a median home value of $333,300, affordability requires household incomes above county median.

Leverage higher earnings for wealth

Hillsborough households earning $75,000 are positioned to aggressively fund retirement accounts, diversify investments, and build generational wealth. The county's economic strength creates opportunities for strategic financial planning that compounds substantially.

Frequently Asked Questions

What is the median household income in Hillsborough County, Florida?
The median household income in Hillsborough County, Florida is $75,011, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Hillsborough County?
The per capita income in Hillsborough County is $41,980, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $75,011.
How does Hillsborough County compare to the Florida average?
Hillsborough County's median household income of $75,011 is higher than the Florida state average of $65,468. The per capita income is $41,980, compared to the state average of $35,698.
What is the per capita income in Hillsborough County, Florida?
The per capita income in Hillsborough County, Florida is $41,980, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Hillsborough County income higher than the Florida average?
Hillsborough County's median household income of $75,011 is higher than the Florida average of $65,468. This difference of $9,543 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Hillsborough County rank for income in Florida?
Hillsborough County ranks #16 out of 67 counties in Florida by median household income (1 = highest). With a median household income of $75,011 and per capita income of $41,980, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $75,011 per year

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Income Adequacy

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.