Hillsborough County leads Florida in average wage gains over last 10 years
January 11th, 2018
TAMPA – (Jan. 11, 2018) – The average annual wage in Hillsborough County rose by $9,552 from 2007 – 2016, the highest dollar amount increase among Florida’s major counties, according to data released today by the Tampa Hillsborough Economic Development Corporation. Hillsborough County’s current average annual wage of $50,768 is the second highest average annual wage in Florida, behind Palm Beach County at $51,098.
“Tampa and Hillsborough County’s sustained efforts to attract and grow companies that pay higher wages and invest in our community are paying off,” said Craig J. Richard, CEcD, FM, president and CEO of the Tampa Hillsborough Economic Development Corporation (EDC). “Employers are drawn to this region for the quality of talent they find here, and salaries are rising accordingly.”
From 2007–2016, Hillsborough County experienced the second highest percentage wage gain increase, 23.2 percent, among Florida’s most populous counties. Pinellas County’s average annual wages grew by 24.6 percent for the same period.
View the full report here.
Tampa Hillsborough Economic Development Corporation (EDC) is the lead designated economic development agency for Hillsborough County and the cities of Tampa, Plant City and Temple Terrace. Established in 2009 as a partnership between the public sector and private corporate investors, the EDC works to develop and sustain a thriving local economy through the attraction, retention and expansion of high-wage jobs and capital investment within targeted industry sectors, including Corporate Headquarters, Financial and Shared Services, Life Sciences, Defense and Security, and Manufacturing.