Tampa s population is 3.1M, with a total workforce of 1.4M. The labor market grew by 29,400 jobs over the past year, up by 2.2%. The median household income in Tampa is $54,888, 5.1% higher than last year and 10.6% below the national average of $61,372. In the housing market, total permits issued totaled 18,806 over the last twelve months, up 1.5% year-over-year. Tampa has 395 active new home projects on the market, 5.5% fewer than the 418 from last year. The average list price in the market is $316,403, 7.3% higher than last year and 4.5% above the national average. Over the last three months, new home contracts decreased by 14.0% to 2,268. Riverview and Wesley Chapel had the highest concentration of the new home contracts in the Tampa market.