What is the average household income in St Petersburg Florida?

By community-highlights March 23, 2023
What is the average household income in St Petersburg Florida? Cover picture shows a condo balcony overlooking the marina of St Petersburg FL> It is a modern building.

What is the average household income in St Petersburg Florida?

Are you looking for information on the average household income in St Petersburg, Florida? Look no further. As a Realtor in St. Petersburg, it’s important to understand the economic landscape of the area. According to recent data, the median household income in St. Petersburg, FL is $60,798, making it a desirable location for those looking to invest in a home.

As an Avalon Group Realtor Team, we know that understanding the local economy and industry trends is key to providing our clients with the best possible service. With the median household income on the rise, it’s no surprise that St. Petersburg is becoming an increasingly popular location for homebuyers.

When it comes to choosing a neighborhood in St. Petersburg, factors such as the homeownership rate and median property value may also be important. According to recent data, the homeownership rate in St. Petersburg, FL is 62.4%, with a median property value of $222,900.

What is the average household income in St Petersburg Florida?  Job Market

If you’re a telecommuter, St. Petersburg is also a great place to live. Nearly 10% of the workforce works from home, which is a relatively high percentage compared to other cities in the US. These telecommuters are often in knowledge-based, white-collar professions, such as in Silicon Valley.

St. Petersburg is also a popular destination for single career-starters, with a large population of young, single, educated, and upwardly-mobile professionals. This demographic presents many opportunities for socializing and creating lasting relationships.

The city is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. This makes it a great place for visitors and locals to enjoy waterfront activities and take in the scenery.

What is the average household income in St Petersburg Florida? Picture shows interior of Dali Museum

The Dali Museum St Petersburg FL

What is the average household income in St Petersburg Florida?  Education

St. Petersburg has a highly educated population, with 37.07% of adults holding a bachelor’s degree or higher, making it an attractive location for employers seeking a skilled workforce.

The per capita income in St. Petersburg is $38,802, which is upper middle income relative to Florida and wealthy relative to the rest of the US. However, the city is home to both wealthy and poor residents.

At Avalon Group Realtor Team, we understand that choosing the right city is just as important as finding the right home. That’s why we pride ourselves on being the go-to Realtor St Petersburg team, offering a wealth of knowledge and expertise about the city and its real estate market.

What is the average household income in St Petersburg Florida?  Buying Real Estate

Whether you’re a first-time homebuyer or a seasoned investor, our team can help you navigate the St. Petersburg market with confidence. With over 25 years of combined experience, we have the skills and knowledge to guide you through the buying or selling process from start to finish.

In conclusion, if you’re looking to move to St. Petersburg, Florida and want to learn more about the city’s average household income and real estate market, look no further than the Avalon Group Realtor Team. Contact us today to start your St. Petersburg real estate journey.

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About the Author
Aaron Hunt, Broker Associate

Raised in a family of creative entrepreneurs, Aaron Hunt, Realtor St Petersburg FL, guides his clients with the same irrepressible spirit he was surrounded by as a kid. A Florida transplant, Aaron relates well to the out-of-state buyers, retirees, and vacation home-dwellers who make up the bulk of his clientele. He makes no secret of his love for St. Petersburg and its neighboring cities and towns, and it fuels his passion for helping buyers find their dream home.

Originally from the San Francisco Bay Area, Aaron grew up on the West Coast. His family owns hotels throughout California, Idaho, and Las Vegas, which has shaped Aaron’s eye for detail and his mind for business. In his subsequent career in the spa industry, he established a high bar for client service designed to cater to every discerning taste. From pampering spa customers to tending to real estate clients, Aaron knows how to take care of people.

Realtor St Petersburg FL:  Exceeding Expectations

By limiting the number of clients he represents at any given time, he ensures his undivided attention, absorbing every detail so he can deliver outstanding results and exceed expectations. Aaron co-founded Avalon Group, Realtor St Petersburg FL, in 2014 and grew it into the top-rated real estate team in St. Petersburg and Tampa Bay out of over 10,000 agents. Some of Aaron's greatest strengths are organizing and leading complex projects, making deals happen, and driving profit.

Aaron negotiates deftly for his buyers’ ideal homes.  Furthermore,  he attracts multiple enticing offers for his sellers’ properties.   Aaron prepares meticulously for every transaction, thoroughly covering every detail so clients encounter no surprise. He also relies on his dynamic support team and vast professional network to ease every facet of a transaction.  Additionally he makes sure to fulfill specific client needs. Aaron, a broker associate and Pricing Strategy Advisor, satisfies his competitive streak when everyone wins.

Realtor St Petersburg FL:  Living the Tampa Bay Lifestyle

Aaron has been a proud Florida resident since 2013. There’s always something interesting to do in St. Petersburg, and Aaron relishes it, exploring the city, traveling, hiking, biking, and visiting with friends. He also enjoys trying new restaurants in the region, especially in neighborhoods where he has homes listed. Aaron takes time to give back to his community by supporting St. Pete Pride and other annual festivals throughout the area.