Located on the Gulf Coast, right around the middle of Florida’s western shore, Tampa is slowly but surely becoming one of the best cities in the state and country. The growth in job opportunities and the downtown area’s renewal are factors that influenced newcomers to relocate to the city of Tampa, Florida or its metropolitan area. The city’s quality of life has increased over the last decade, and the numbers of new residents are growing every year.
Currently, Tampa is the third-largest city in Florida, with only Miami and Jacksonville exceeding its population numbers. However, Tampa belongs to the Tampa metropolitan area, which also includes the neighboring cities of St. Petersburg and Clearwater, giving this growing region over 3.1 million residents. The metropolitan area’s growth is expected to surpass 3.8 million by 2040 through an incredible population growth of 25%.
One of the most important factors on which potential new residents base their decision to relocate to a city or not is the cost of living. Based on the Tampa Bay Economic Development Council, Tampa’s cost of living is lower than in other cities belonging to large metropolitan areas like Atlanta, Phoenix, Orlando, Denver, and Nashville.
The highly appreciated Forbes magazine and website also rank Tampa, Fl, as one of the best places to live for business, careers, housing affordability, and job growth. U.S. News & World Report also gives Tampa high ratings for desirability, job market, and quality of life. One of the most commonly known and appreciated sites for city rankings in the U.S. also gives Tampa its second-highest ratings for diversity, nightlife, and quality of life for families.
For those trying to decide whether a move to Tampa, FL, would be the best option, consider the city’s growth over the last decade. Real estate agents in Tampa FL can provide even more information by only giving them a call.