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Market insights · Florida

Hillsborough County, FL: growth, migration and housing

Hillsborough County has 1,574,115 residents, up 7.4% since 2020 (+0.2% in the last year). In 2022–2023, 48,852 households moved in and 48,465 moved out (+387 net), bringing in a net $305.0M of income. Median household income is $79,540, the median home $371,500 and median rent $1,667 a month.

Population (2025)1,574,115
5-year growth+7.4%
1-year growth+0.2%
Net households moving in+387
Per 1,000 residents+0.2
Net income moving in+$305.0M
Median household income$79,540
Median home value$371,500
Median rent$1,667/mo
Rent as share of income25%

In Florida: 37th of 67 counties for 5-year population growth · 57th of 67 counties for net in-migration (per resident) · 16th of 67 counties for median household income · 15th of 67 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Hillsborough County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Pinellas County, FL4,886$419.0M
Pasco County, FL4,065$272.5M
Polk County, FL2,055$119.0M
Miami-Dade County, FL1,626$94.8M
Manatee County, FL1,308$95.0M
Orange County, FL1,280$86.7M
Broward County, FL1,069$77.5M
Lee County, FL754$48.7M

Where leavers went

Top counties by households leaving Hillsborough County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Pasco County, FL8,182$626.2M
Pinellas County, FL5,025$489.4M
Polk County, FL3,217$170.9M
Hernando County, FL1,318$75.5M
Manatee County, FL1,204$111.9M
Orange County, FL1,114$64.4M
Miami-Dade County, FL848$47.4M
Broward County, FL593$47.3M

BizyFi in Hillsborough County

27 companies in the BizyFi directory are based here. Search them on the company map (company names with a free account), or browse Florida companies.

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.