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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +12.2% YoY. inventory, −18.7% YoY, is the number to watch.
The median listing price is up 12.2% YoY while the median home got down 3.7% bigger, so value per square foot is down 2.9%.
U.S. Census ACS characteristics for ZIP 03104 itself, not its parent county.
Renters hold 46.1% of this ZIP's 14,622 occupied households, on a median household income of $89K.
| Measure | ZIP 03104 | Hillsborough County | Difference |
|---|---|---|---|
| Median Household Income | $89K | $104K | -$15K |
| Below Poverty Level | 10.4% | 6.7% | +3.7% |
| Median Age | 37.80 | 41.00 | -3.20 |
| Total Population | 35,237 | 426,378 | -- |
| Avg Household Size | 2.27 | 2.48 | -0.21 |
| Owner-Occupied | 53.9% | 67.4% | -13.5% |
| Worked From Home | 17.7% | 18.1% | -0.4% |
| Mean Commute | 23.40 | 27.30 | -3.90 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.4% to 426,378: residents under 18 are down 1.0% and those 65 and over are up 3.9%.
County median household income is $104K, 6.7% of residents are below the poverty level, 18.1% work from home.