Comparative Site Selection
Tampa, FL vs Austin, TX
Side-by-side municipal, commercial underwriting, and travel logistics comparison for multi-unit operators.
Metric
Tampa, FL
Austin, TX
Population (2023 est.)
403,364
979,882
Population Change Since 2020
+4.9%
+1.9%
Median Household Income
$71,302
$91,461
Median Home Value
$375,300
$512,700
Median Gross Rent (monthly)
$1,567
$1,655
Effective Property Tax Rate
0.75%
1.52%
Combined Sales Tax Rate
7.50%
8.25%
Time Zone
ET
CT
How Tampa and Austin compare
- Austin has the higher median household income ($91,461 vs. $71,302 in Tampa).
- Austin has the higher median home value ($512,700 vs. $375,300 in Tampa).
- Austin has the higher median gross rent per month ($1,655 vs. $1,567 in Tampa).
- Austin has the higher effective property tax rate (1.52% vs. 0.75% in Tampa).
- Austin has the higher combined sales tax rate (8.25% vs. 7.5% in Tampa).
- Tampa has the faster population change since 2020 (+4.9% vs. +1.9% in Austin).
Housing cost relative to income: median home value is 5.3x median household income in Tampa and 5.6x in Austin. A lower multiple generally means homes are more affordable relative to local earnings.
Differences are computed directly from the table above. Sources: U.S. Census Bureau ACS 2023 5-year estimates (2019–2023), Population Estimates (July 2023), and state revenue departments for sales tax. Not financial advice.