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Is Hillsborough County Growing Or Shrinking

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Sun, Nov 26, 2023 at 7:25AM

Is Hillsborough County Growing or Shrinking? It Is Growing !

Is Hillsborough County growing or shrinking? This question has sparked quite a debate among Florida residents and prospective movers alike. Let’s dive into this fascinating topic, exploring population trends, demographic breakdowns, economic factors, housing trends, and more that will help you form your own opinion on the matter!

Hillsborough County FL

Key Takeaways

  • Hillsborough County is experiencing an exciting surge in population, with a growth rate of 2.33% and 27,000 new residents!

  • This vibrant melting pot has diverse demographics including Spanish being the most widely spoken language and an influx of seniors expected by 2050!

  • Residents enjoy job opportunities, affordable housing costs, quality education options & low crime rates - making Hillsborough County a desirable place to live & grow!

Hillsborough County Population Trends

Nestled in the heart of the Sunshine State, Hillsborough County is basking in the glow of exciting population growth. With Tampa Bay as its centerpiece, this county has been experiencing a surge in residents driven by migration patterns and a strong job market, contributing to Florida’s overall population growth, which reflects the increase in Florida’s population.

But what is the story behind these numbers, and how do they stack up against other Florida counties? Read on to know more.

Population Growth Rate

Hillsborough County’s population growth rate is nothing short of impressive, boasting a positive increase in residents between 2020 and 2022. This growth is driven by various factors, such as:

  • strong net migration

  • amazing job opportunities

  • affordable cost of living

  • the beautiful warm climate that Florida is known for, contributing to Florida’s population growth.

Indeed, in the past year alone, Hillsborough County experienced a staggering 2.33% growth rate, with almost 27,000 new residents calling this area home. The county’s growth rate has historically varied, with a 1.53% growth rate in the past year and approximately 0.1% per year between 2010 and 2014. This growth rate is comparable to other areas in Florida, such as Orlando, demonstrating the county’s attractiveness for new residents.

Migration Patterns

Migration is a key driver of Hillsborough County’s population growth, with a considerable number of new residents choosing to relocate here. Some reasons why people are flocking to this Florida gem include:

  • Job opportunities

  • Wages

  • Housing supply

  • Fond vacation memories

Residents from states such as New York, Georgia, North Carolina, and Texas have consistently migrated to Hillsborough County over the past decade, showing its appeal across the nation.

Notably, the county’s population growth is fueled by both domestic and international migration. This influx of residents from various backgrounds and regions further highlights Hillsborough County’s diverse and dynamic population, making it a melting pot of cultures and ideas.

Demographic Breakdown

A closer look at the county’s population reveals a vibrant mix of age groups, races, and languages. By 2050, Hillsborough County is expecting a slightly older population, with 2.5 million new residents aged 65 and over. The major racial and ethnic groups in the county include:

  • White

  • Hispanic or Latino

  • Black or African American

  • Asian

  • Native American

In terms of language, Spanish tops the list, with over 40,000 speakers residing in Hillsborough County.

Age Distribution

The age distribution in Hillsborough County is quite balanced, with a population pyramid showing a mix of age groups. The median age in the county is 37.5 years, indicating a relatively young population overall. This youthfulness is expected to shift slightly in the coming years, as the county is projected to have 2.5 million new residents aged 65 and over by 2050.

To further explore the age distribution, we can look at the changes in different age groups over time in Hillsborough County. Detailed information on these changes can be found at USAFacts, which offers a comprehensive overview of the county’s evolving population landscape.

Race and Ethnicity

Hillsborough County’s racial and ethnic makeup is diverse and ever-changing. The U.S. Census Bureau reports the following racial and ethnic demographics for the county:

  • White: 63.7%

  • Black or African American: 15.5%

  • Hispanic or Latino: 27.5%

  • Asian: 4.7%

  • Two or more races: 3.4%

  • Other races: 5.2%

This diversity lends itself to a vibrant and dynamic community, enriching the county’s cultural landscape.

The racial and ethnic composition of the county has also evolved over the years. To learn more about these changes, you can refer to the data provided by USAFacts, which offers a wealth of information on the county’s racial and ethnic trends. From this data, we can see that the largest group in terms of racial and ethnic groups in Hillsborough County are White (Non-Hispanic), White (Hispanic), and Black or African American (Non-Hispanic).

Language Diversity

When it comes to linguistic diversity, Hillsborough County is a true melting pot. A whopping 30.23% of residents speak languages other than English, with Spanish being the most common non-English language spoken. Approximately 19.52% of residents in the county speak Spanish, reflecting the significant Hispanic and Latino population in the area.

As a testament to the county’s diversity, both the primary language spoken at home (English) and the second most common language (Spanish) are represented in the county’s schools. Hillsborough County Public Schools are home to a diverse student population, with English, Spanish, and various other languages spoken among students and their families.

Economic Factors Affecting Population Growth

Economic factors play a pivotal role in shaping Hillsborough County’s population growth. The county’s strong job market, varying income levels, and relatively affordable cost of living all contribute to its ability to attract new residents.

We will further examine these economic elements and how they influence the county’s population.

Job Market

The job market in Hillsborough County is thriving, drawing new residents seeking employment opportunities. As of April 2023, the county boasts an unemployment rate of just 2.3%, reflecting the abundance of job openings in various industries. Some of the major industries in the county include:

  • Manufacturing

  • Information technology

  • Health care

  • Life sciences

  • Defense & security

  • Financial and professional services

  • Agriculture

  • Tourism

These industries are not only providing steady employment for residents, but they’re also fueling the county’s economic growth. By 2050, Hillsborough County is projected to reach an incredible 1.4 million jobs, reflecting the area’s ongoing economic development.

Income Levels

Income levels in Hillsborough County can vary, with some areas experiencing higher poverty rates. Here are some statistics on income in the county:

  • The average income in the county is $64,164 per year

  • The median household income is about $61,500

  • The highest earning area in the county is Wesley Chapel, with a median household income of $86,885

  • The lowest earning area is St. Petersburg, with a median household income of $58,057

It’s important to note that not all areas in the county experience the same money levels, and some may even see a net gain compared to others.

Despite these differences, the county’s overall income levels are fairly comparable to the national average. The poverty rate in Hillsborough County is 12.9%, which is not too far off from the national average. This reflects the county’s ability to maintain a steady economy and provide opportunities for residents across various income levels.

Cost of Living

The cost of living in Hillsborough County is relatively affordable, making it an attractive destination for new residents. The average cost of living index for the county is 104.2, with the median home cost being $370,500. While this may be slightly above the national average, it is still considered reasonable compared to other areas in Florida.

Residents of Greater Tampa Bay, which includes Hillsborough County, enjoy great savings in comparison to other areas in the state. However, it’s important to keep in mind that specific data on the cost of living comparison is not readily available. Factors such as housing, transportation, and groceries all contribute to the overall cost of living in the county, making it an appealing choice for individuals and families seeking a more affordable lifestyle in Florida.

Housing Trends in Hillsborough County

Housing trends in Hillsborough County paint a picture of a diverse and growing community. The county offers a mix of homeownership and rental properties, with new developments cropping up to accommodate the increasing population.

We’ll examine these housing trends and their impact on the county’s landscape.

Home Ownership Rates

Homeownership rates in Hillsborough County are moderate, with 59.8% of residents choosing to own their homes. This figure reflects the county’s balanced housing market, where residents have the option to either own or rent their homes based on their individual needs and preferences.

Rental Trends

In addition to homeownership, rental properties are also a popular housing option in Hillsborough County. Rental trends show a mix of property types and price points, catering to the diverse population in the area. The average rental price in the county is approximately $1,455 per month, with the most commonly rented properties being houses and apartments.

Popular neighborhoods for renters in Hillsborough County include:

  • Hyde Park

  • Harbour Island

  • Beach Park

  • Palma Ceia West

Renting can be a more affordable option for residents, especially when compared to neighboring counties like Pinellas and Pasco. However, it is advisable to refer to specific reports or real estate websites for the most accurate and current information on rental prices in the county and neighboring areas.

New Developments

As Hillsborough County’s population continues to grow, new housing developments are being built to accommodate the influx of residents. One such development is the Southern Hillsborough County community of Wimauma, where more than 1,800 new homes are currently under construction.

Aside from Wimauma, there are numerous other developments throughout the county, with a total of 2,545 units that have affordability restrictions. These new housing options cater to a wide range of residents, from families to young professionals, and contribute to the county’s ongoing population growth and economic development.

Education and Social Factors

Education and social factors also play a significant role in Hillsborough County’s population growth and overall quality of life. From educational attainment to school quality and crime rates, the county offers a well-rounded and welcoming environment for its residents.

We will further examine these factors and their influence on attracting more people to the county’s population using census data.

Educational Attainment

Educational attainment here in Hillsborough County varies greatly by race, with white residents having the highest high school graduation rates and Asian residents having the highest rate of bachelor’s degrees. The overall education level in the county is very impressive, with residents attaining various levels of education, including post-secondary degrees.

When comparing educational attainment in Hillsborough County to other counties in Florida, the county has a middle-range percentage of people with no schooling, at 9.2% of the total population. This demonstrates the county’s commitment to providing educational opportunities for its residents, regardless of their background or race.

School Quality

School quality in Hillsborough County is generally good, with a range of public and private options available for students. The county’s top-rated schools include:

  • Bevis Elementary School

  • Grady Elementary School

  • Roosevelt Elementary School

  • Plant High School

  • Newsome High School

  • Steinbrenner High School

These schools excel in various areas, such as graduation rates, college readiness scores, and overall performance compared to other school districts in Florida.

The high-quality education provided by these schools not only benefits the students but also contributes to the overall appeal of the county for families looking to settle down. A strong educational foundation is crucial for any community, and Hillsborough County is no exception.

Crime Rates

Crime rates in Hillsborough County are relatively low, contributing to a safe and welcoming environment for residents. The current crime rate in the county is 31.66 per 1,000 residents during a standard year. The most commonly committed crimes in the county include:

  • Larceny

  • Fraud

  • Bribery

  • White-collar crimes such as healthcare fraud and credit card abuse.

While no community is entirely immune to crime, Hillsborough County’s relatively low crime rates play a significant role in attracting new residents and ensuring a high quality of life for its population. A safe and secure environment is essential for any thriving community, and this county certainly delivers on that front.

Future Projections

As we look to the future, projections for Hillsborough County’s population growth remain positive, with several factors influencing continued growth. These factors include:

  • Job opportunities

  • Affordable housing

  • Quality of life

  • Educational attainment

Lee County offers a well-rounded environment for residents to call home, week after week.

We will analyze these future projections and their implications for the county’s population.

Population Projections

Population projections for Hillsborough County show continued growth in the coming years. By 2026, the county’s population is projected to add a staggering 123,950 more residents, bringing the total population to nearly 1.5 million. These projections are based on comprehensive studies and data analysis, taking into account factors such as:

  • demographic trends

  • birth rates

  • death rates

  • migration patterns

The accuracy of these projections is further supported by historical data and statistical models. As the county continues to grow, it is expected to attract one of every three new residents in Tampa Bay and maintain the largest population through 2050. With such promising projections, it’s clear that Hillsborough County is poised for a bright future.

Factors Influencing Future Growth

Several factors are likely to influence Hillsborough County’s future population growth, including ongoing job opportunities, affordable housing options, and overall quality of life. The county’s growing economy provides a stable foundation for residents seeking employment, while new housing developments ensure that there are ample options for those looking to call the area home.

As environmental changes and urban development continue to shape the region, Hillsborough County is well-equipped to adapt and thrive in the face of these challenges. With a strong commitment to education, safety, and economic development, the county is poised to remain an attractive destination for new residents for years to come.

Summary

In conclusion, Hillsborough County’s population growth is driven by a multitude of factors, from migration patterns and economic opportunities to a diverse demographic makeup and strong community resources. As the county continues to grow, its commitment to education, safety, and economic development ensures a bright future for both current and prospective residents. So, is Hillsborough County growing or shrinking? All signs point to a thriving, growing community that will continue to attract new residents for years to come.

Frequently Asked Questions

What is the current population growth rate in Hillsborough County?

The population of Hillsborough County is growing rapidly - up 2.33% in the last year!

What role does migration play in Hillsborough County's population growth?

Migration is a major factor in Hillsborough County's population growth, with both domestic and international migrants flocking to the area.

What are the major industries providing job opportunities in Hillsborough County?

Hillsborough County provides a variety of job opportunities in the manufacturing, information technology, health care, life sciences, defense & security, financial and professional services, agriculture, and tourism industries.

What is the average cost of living in Hillsborough County?

The average cost of living in Hillsborough County is 104.2, with a median home cost of $370,500 - quite pricey!

What are some top-rated schools in Hillsborough County?

Be excited, Hillsborough County has some amazing schools! Bevis Elementary School, Grady Elementary School, Roosevelt Elementary School, Plant High School, Newsome High School, and Steinbrenner High School are all top-rated.


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