Tampa Job Market

By: Calum MacKenzie

One major concern for home buyers in today's market is jobs. Where can they relocate to an area with a great and proliferating job market? Traditionally buyers have looked to major market cities to provide employment opportunities that will be both profitable and long-term. To some extent this still holds true. However as we see the decline of many traditional job markets; we are also seeing a new crop of big employers cropping up. Tampa had traditionally been a second level job market with many call centers that coordinate customer support and the like for major corporations. But, over the past year this trend is showing marked change as biotechnology and financial companies are relocating to the area.



What does this translate into for the average job hunter? Well, it does break down into a higher average salary for workers. In 2005 Tampa jobs boasted an annual salary of about $38,796, this is a number that has seen significant growth over the past year and the jobs created in 2006 now have an average salary of $43,469. This is an impressive jump for just one year. This move has come along with a push to bring in higher-wage, higher-skilled jobs in order to assist the development of a more diverse and stable economy.

This is an interesting phenomenon as Florida is still known to be a buyer's market and at the same time is an excellent long-term market, as it always has been. With the creation of new, better paying jobs and the rise of the high-technology sector the employment picture in Florida is bright. This coupled with the excellent homes that are available and the wonderful climate and weather have made the Tampa area one of the smarter choices for relocation to the Florida area. As the attraction of this area grows, so will the job opportunities and the available homes, essentially creating the perfect environment for home investing or relocation.

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