University (Hillsborough County), FL Utility & Living Guide

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Tier 3 Location

University (Hillsborough County), FL Utility & Living Guide

University (Hillsborough County) offers a vibrant suburban lifestyle with easy access to Tampa's amenities and a strong sense of community.

Last updated: June 26, 2026
Total Utilities$305/mo
1BR Rent$1200/mo
Sales Tax7.5%
COL Index105 (+5% above national average)
Family Score6/10
Median Home$320,000
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⚠️ Natural Hazard History — University (Hillsborough County)
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$120/mo

Tampa Electric Company (TECO)
🔥 Gas

$50/mo

N/A - Electric only
💧 Water

$45/mo

Hillsborough County Water Resources
🗑️ Garbage

$25/mo

Waste Management
📶 Internet

$65/mo

Combined Average Overhead $305/month

Housing Market

Rent & Property
1 Bedroom$1200/mo
2 Bedrooms$1600/mo
3 Bedrooms$2100/mo
Median Home Price$320,000
Property Tax Rate1.2%
Avg Childcare/mo$1000

The housing market in University (Hillsborough County) is competitive, with steady demand due to its proximity to the University of South Florida. Prices have risen moderately over the past few years, making it a seller’s market.

Cost of Living

Overall COL Index

105

US national avg = 100
vs National Avg

+5% above national average

Groceries

102

Transportation

98

Healthcare

100

Childcare/mo

$1000

Tax Rates

Tax Overview
Total Sales Tax7.5%
Property Tax Rate1.2%
<p>State 6% + County 1% + City 0.5%</p>

Florida has no state income tax.

Family & Relocation

Family Vibe Score
6/10
Safety Index

50

Higher = safer
School Rating

6.5/10

GreatSchools avg
Avg Childcare

$1000/mo

City Pulse

Population Trend
+8% (growing)
Political Climate
Purple description
Business Momentum
Moderate with key industries in education, healthcare, and retail.
Top Local Concerns
Traffic congestion, rising housing costs, school funding
🚌 Transit for Families

Public transit is limited, but sidewalks and pedestrian-friendly areas are common in residential neighborhoods.

🎡 Top Kid Attractions
  • 🎯
    USF Botanical Gardens
  • 🎯
    Adventure Island
  • 🎯
    Museum of Science & Industry

Best Neighborhoods for Families

The best areas for families include University Square and Lake Magdalene, known for their good schools, parks, and family-friendly amenities.

Household Budget Calculator

Estimate your real monthly cost of living in University (Hillsborough County) based on your household profile.

Local Briefing & Neighborhood Pulse

Live Local News

Key local rules include strict zoning laws for residential areas and noise ordinances to maintain neighborhood tranquility.

The local economy is growing, driven by education and healthcare sectors. Home values are expected to rise due to increased demand for suburban living near Tampa.

Financial Tools

Calculators
Planning Tools

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📊 University (Hillsborough County) — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs peak in summer due to high air conditioning usage. Winter months see lower electricity bills but slightly higher water usage for landscaping.

🏛️ Local Tax Details

Key ZIP code level tax info: property tax millage rates vary by ZIP, with an average of 1.2%. No local surtaxes specific to University (Hillsborough County).

👶 Family & Stroller Friendliness

7/10 with explanation: Sidewalks are generally well-maintained, and parks are accessible, but public transit lacks stroller-friendly features.

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