Tampa, Florida’s 11 Richest Neighborhoods 

Are you considering a move to sunny Tampa, Florida? Tampa is one of the best places to live in the Sunshine State. If you’re looking for the best homes and ‘best’ can mean most expensive, we’re here to help with this list of richest neighborhoods. By the way, we’re Bellhop Movers, experts at local and long-distance moves. We’d love to help with all your moving needs, even if it’s just a local move across Tampa.

10 Reasons to Move to Tampa

The city of Tampa is thriving with a growing 400,000 population, and an ethnically diverse demographic base. It’s part of the greater Tampa-St. Petersburg-Clearwater metropolitan area with 3.15 million residents in Hillsborough County.

Tampa is the home of seven billionaires who make the Forbes ‘Richest People List.’

51,000 millionaires live there based on their home value alone.

If politics are important, Tampa is one of several liberal Florida cities served in Congress by Democrats. The Mayor is also a Democrat.

Sports are a big deal with three, top-ranked national teams: NFL Tampa Bay Buccaneers (‘Bucs’) NHL hockey Tampa Bay Lightning, and the MLB Tampa Bay Rays.

Crime and Safety: compared to other major Florida cities, Tampa has a lower rate of violent and property crime as reported in FBI-compiled data.

Transportation / Transit Systems: Commuting times are about average at 27 minutes. The Tampa Bay Area Regional Transportation Authority runs 500 buses to 9,000 stops.

Airport: Tampa International Airport (TPA) has over 20 airlines offering service. Many are international carriers. It takes about 25 minutes from the airport to downtown during an average commute.

Choice of Lifestyles: Tampa offers a great mix of affluent neighborhoods. Real estate choices abound. You can find great areas with golf course homes, waterfront homes, gated communities, and plenty of condos. There are great picks near nightlife, in downtown Tampa, or homes with great views of water, sunsets or downtown. Or maybe you want something a little quieter in Hillsborough County or St. Petersburg.

Cost of Living: It’s about with the same as the national average. Home and utilities are 1-2 percent lower. Food is slightly higher.

Dogs on Beaches: “Dogs are not permitted on city beaches unless it is a designated Dog Beach or service animal.” Permitted beaches near Tampa are few:

• Davis Islands Dog Park and Beach (in the city)
• Picnic Island Beach Dog Park
• Fort De Soto Park Dog Beach and Park
• Honeymoon Island State Park

11 Richest Neighborhoods in Tampa

In its early days Tampa was known as ‘cigar city’ with over 500 million cigars made each year in the historic, factory town Ybor City. Clearly times have changed. So have the neighborhoods, moving more and more upscale. Tampa’s median home value is $333,000 according to the U.S. Census with ‘average’ homes costing $379,000 according to Zillow in late 2023.

The city boasts six historic districts and over 80 officially recognized neighborhoods, some with remarkable names like ‘New Suburb Beautiful.’

Here are eleven of the wealthy neighborhoods in the city based on Zillow’s estimated values and household median income, mostly all found in South Tampa. Home values can vary greatly in these areas so find one you like and do your research! If richest neighborhoods is important, start here. Local realtors will be more than happy to help.

Avila

Avila is considered to be one of the most exclusive communities in Tampa. The gated community is occupied by many A-listers and sports stars. Zillow quotes an average home value of $622,000 for its 33548 zip code and lists homes in the $2M-$7M price range. $123,060 is the median household income.

Bayshore Beautiful

Located in south Tampa on the water, the neighborhood claims the ‘longest sidewalk in the world’ (4.5 miles) with older homes sharing spectacular water views. Niche.com considers it the 19^th best place to raise a family in Tampa. Check it out if you are looking for modern homes and condos.

Bayshore Beautiful Real Estate

The median household income is $103,880 per year. Zillow shows typical home valuesof$958,391; median home value is $792,000.

Beach Park

The community was developed in the 1920s with an eye to Californian / Mediterranean architecture. The comfortable homes are a step up from the smaller bungalows favored earlier. Now you can find newer homes too. Its ranked as 4^th best place to raise a family.

Beach Park Real Estate

With its west-facing view of Tampa Bay homes have a typical average value of $1,236,778 on Zillow; median home value is $563,745.

Culbreath Isles

With sweeping views of Old Tampa Bay and great sunsets too, homes in Culbreath Isles typically are some of the priciest in Hillsborough County. Currently average homes cost $3 million. Median household income is $194,580.

Davis Islands

The historic Davis Islands offer great views of downtown Tampa. Many of the homes were built in the 1920s. Davis Islands homes are considered to be the most expensive in Tampa. It’s ranked 16^th for raising kids by Niche. The preferred mode of transportation is golf carts which zip given there are no traffic lights. The Marjorie Park Yacht Basin is a favorite destination with its grassy picnic areas. Let your pooch help choose where to live by visiting the Davis Island Dog Beach, one of the few off-leash areas for play with plenty of drinking water and wash stands.

Davis Islands Real Estate

Zillow’s average home value is  $1,376,520. Median home value is $922,150. Average rent: $2,574 according to RentCafe.

Downtown Tampa

While not one of the richest neighborhoods, Downtown Tampa’s revitalization makes it a vibrant choice for many. The city has rediscovered and restored Hillsborough River and lined it with modern high rises. You can paddle-board and kayak outside your door. There are plenty of great restaurants, museums, and parks along the Tampa Riverwalk that stretches over two miles. Take a river taxi to your dining spot! Curtis Hixon Waterfront Park is a beautiful and large green space on the river that hosts entertainment and festivals.

Downtown Tampa Real Estate

Zillow: average home: $503,000. Average rent: $2,757.

Harbour Island

Yes, it really is spelled the ‘English’ way. The island is smack in the middle of downtown Tampa with access from two bridges. There is a lot to do near here with the Channelside Entertainment Complex (renamed as Sparkman Wharf), the Florida Aquarium, the Tampa Bay Performing Arts Center, and Tampa Convention Center. If you are a hockey fan, the Amalie Arena, home of the Tampa Bay Lightning, is an easy walk. This neighborhood is considered to be one of the best places to raise a family in Tampa, ranked #3 by Niche.com. Get a taste for the neighborhood at American Social, a gastropub with a great patio overlooking Davis Islands and the city.

Harbour Island Real Estate

The average home price is listed as $600,000 as of December, 2023. Median home value is $499,000. Average rent: $2,757 according to RentCafe.

Historic Hyde Park

One of the older areas of the town was developed in the 1880s. You can find home styles from revival and bungalow to prairie and vernacular. Centerpiece of the community is the Bayshore Boulevard Greenway, a six-mile-long promenade along Hillsborough Bay that starts at the Ballast Point Pier. It’s ranked 20^th for families and 10 minutes from downtown Tampa.

Nearby is Hyde Park Village with a cluster of restaurants, bars and bar-hopping nightlife on South Howard Avenue, or “SoHo.” The all-day Élevage SoHo Kitchen & Bar is a great place to start.

Hyde Park Real Estate

Median household income is $100,386; median home value is $507,000 with Zillow showing a typical home value of$1,053,935.

New Suburb Beautiful

Is highly rated as a family place. The Median Home Value is $855,145. Zillow shows average price as $1,283,828. A small area within Hyde Park, it contains older homes called ‘stately’ by realtors.

Palma Ceia

If living on a golf course suits you, the older-designed, classic Palma Ceia Golf and Country Club with large, spacious homes spread over 82 acres may be perfect. In older Tampa this area is a mix of older homes and new building. You’re surrounded by an area known for fine dining and a quieter nightlife. Families will feel safe and Niche ranks it as 12th best place for families. It’s considered to be one of the safest areas of the city with extremely low crime. Try the EDGE Rooftop Cocktail Lounge for high-rise views of the city with memorable food.

Palma Ceia Real Estate

Average homes are listed at $910,000 on Zillow. Median household income is $139,158.

Parkland Estates

This older section in the heart of the city offers a mix of old and new building. Zillow shows average home value of Parkland Estates homes at $1,500,071. Median home value is $915,657. Find homes here. Median household income is $154,935.

Sunset Park

With its majestic, oak-filled parks Sunset Park offers waterfront canals, classic old-style homes, and a peaceful venue six miles from downtown Tampa. It’s ranked 25^th for families. Zillow lists an average home value of $1.4 million. Median home value is $1,000,270.

Favorable Mentions

The truth is there are many ‘posh’, wealthy neighborhoods in greater Tampa. We couldn’t cover them all. Here some more worth exploring.

• Cory Lake Isles – ranked 7^th best for families. $431,552 median home value
• Arbor Greene – ranked 5^th best for families. Located near the Hillsborough Wilderness Preserve, there is plenty of outdoor adventure outside your door.
• Virginia Park – ranked 6^th best for families.
• Channel District – Average rent: $2,714 according to RentCafe.
• Swann Estates – ranked 21 for families by Niche.com.
• Golfview – ranked 8^th best for families. Median home value $981,539.
• Tampa Bayshore Gardens
• North Hyde Park.

What’s on Your List of Best Neighborhoods in Tampa?

Of course, ‘best’ is all about what’s important to you. While we have shown high-value areas with expensive homes, maybe you have different needs. Perhaps kids are driving your interest in schools. Maybe you hate commuting.

Maybe you want that great climate but still worry about climate change, hurricanes, and flooding. We have a friend living in Tampa who is looking to move to home on higher ground. One or two meters higher can make a difference. That’s logical in a city whose highest point in Florida is only 48 feet above sea level.

Can Bellhop Help Plan Your Move?

We hope this summary was helpful. If Tampa is the place to move to, please reach out to your friendly Bellhop Movers. As we said, we coordinate local and long-distance moving services in Tampa, and we would love to help. Lastly, we also help coordinate moves for other Florida cities such as Jacksonville, Orlando, and Miami should you be interested!