Tampa s population is 3.1M, with a total workforce of 1.4M. The labor market grew by 24,400 jobs over the past year, up by 1.8%. The median household income in Tampa is $54,512, 4.4% higher than last year and 11.2% below the national average of $61,372. In the housing market, total permits issued totaled 17,908 over the last twelve months, up 1.0% year-over-year. Tampa has 396 active new home projects on the market, 5.0% fewer than the 417 from last year. The average list price in the market is $295,829, 1.7% lower than last year and 4.5% below the national average. Over the last three months, new home contracts decreased by 23.0% to 1,779. Riverview and Wesley Chapel had the highest concentration of the new home contracts in the Tampa market.