Is Tampa FL A Good Place To Live?
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%.
Tampa’s quality of life
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.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
The meaning of a disclosure statement is a legal document signed by both parties, the lender and the borrower or buyer. This statement outlines the terms and conditions, the potential ...
Effective Age is the counterpart to a property’s Actual Age. While the former refers to the date a property was built, the latter is more of a sensorial depiction of its age; the age ...
Commitment by a lender to a borrower for a given amount of money at specified terms for the financing of a project. The borrower pays a fee for the privilege of either executing the loan or ...
What’s the definition of real estate collateral? Could we say it’s like keeping a hostage? No, that would be relatively insensitive. But the idea is similar. In real estate, ...
A lien is a legal instrument by which one party – usually lenders and creditors - guarantees the obligation of a real estate owner to do something – generally repays the money. ...
Typically, the term rider defines a financial concept, implying a written modification applied to an insurance policy, altering its initial clauses and provisions. The rider can update the ...
Member of a partnership whose liability for partnership debts is limited to the amount invested in the partnership. A limited partner is prohibited from taking active part in the management ...
Mortgage on both the purchased real estate and personal property of a durable type. The entire amount financed is considered one mortgage. In residential real estate, a builder might ...
Short-term leases are leases that run its completion in a faster time than regular ones.In real estate, short term-leases usually refer to temporary housing; that is: rent.The length of a ...
Have a question or comment?
We're here to help.