The Tampa Bay area is one of the nation’s 10 hottest markets in attracting movers, according to a recent report by Attom Data. And, Business Insider just named Tampa as one of the “hippest cities everyone under 30 wants to move to.”
Here are a few reasons why the Tampa Bay area is such an attractive place to move:
On average, Tampa Bay area residents pay less
Cost of housing is one of the strongest contributors to the likelihood of an individual moving to an area, and Tampa’s housing costs are 24 percent lower than the national average. Residents of Tampa also enjoy lower than average grocery, transportation and utility costs.
These factors make up Tampa’s average cost of living, which is 7 percent lower than the national average – an attractive aspect for those that are relocating.
The Tampa Bay area has wide range of housing options
In the Tampa Bay area, buying a house is possible for all budgets – for example, Lennar’s homes in south Hillsborough County and Pasco County range all the way from the $140s to the $600s. Plus, Lennar’s “Everything’s Included®” program helps save upfront costs by providing move-in ready homes with a number of upgraded features included in the list price.
The average price of a home in Tampa is less than the national average, and homeowners in Tampa, and some experts predict an increase in value over the next year, with the area’s average home price forecasted to grow by 3.4 percent. With historic neighborhoods nearby like Ybor City and bustling downtowns in area cities, residents can enjoy the benefits of an upscale urban area without the extra cost.
Strong job growth
Earlier this year, Florida reported the lowest state unemployment rate in the country at 4.3 percent, and the Tampa Bay area led the region with a 3.8 percent rate.
The Tampa Bay area is leading the way in job growth, adding thousands of jobs in construction, hospitality, education and health services this year.
The Tampa Bay area has top-tier attractions
If you make the move to the Tampa Bay area, make sure you bring a bathing suit and plenty of sunscreen. Tampa is located less than an hour from one of America’s top-rated beaches, Clearwater Beach. With crystal clear waves and soft sandy shores a few miles away, what’s not to love?
Homeowners in the Tampa Bay area can also enjoy a quick drive to Walt Disney World Resort, Universal Orlando Resort or Busch Gardens. Most of these attractions offer exclusive discounts for Florida residents.
Beaches and attractions aside, the cultural scene in the Tampa Bay area is lively with such notable museums as Tampa Museum of Art, Florida Museum of Photographic Arts, Henry B. Plant Museum, the Dali Museum and the Museum of Fine Arts in St. Petersburg only miles from most neighborhoods.
It’s always sunny in the Tampa Bay area
Tampa has desirable weather with 361 days of sunshine a year and an average temperature of 73 degrees. Residents are welcomed by warm summer months with quick afternoon showers and minimal chilly weather.
Want to make the move? Lennar can help you find your dream home in the Tampa Bay area. For more information on Lennar homes, visit LennarTampa.com.