Market and Trade Area
Market
- Tampa Bay is Florida’s largest MSA with 3.7 million people
- Florida’s number one retail market
- Annual retail sales top $34 billion
- Leads the state in retail, food store, general merchandise and department store sales, ranking 15th in the country
- Offers one of the lowest costs of living in the nation
- $42.1 billion in effective buying income, the most of any Florida MSA
- Florida’s wealthiest metro area, leading the state in millionaire households
- 1.5 million households with annual incomes exceeding $100,000
Trade Area
- Over 251,000 residents within a 20 minute drive-time
- Diverse population is made up of young families, single professionals, active seniors and more
- 95,332 households within a 20-minute drive time
- Average family household income of $70,573
- Trade area population to grow approximately 25% in the next 5 years
- Over 89,000 VPD on I-75 at Big Bend Road
