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
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