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Outcomes

Outcomes measure the growth of the regional economy, the extent to which economic growth is being enjoyed by everyone, and the attractiveness of the region for its current and potential residents.

Best Practices & Deeper Dives

How to Read the Tiles How to Read the Tiles

New Residents

Population growth is a sign that people are moving to the region due to attributes and assets. The population aged 25-34 is primarily composed of young workers starting and accelerating their careers, and this age set is a critical indicator informing regional economic performance. Together, these indicators give illuminating insights about the attractiveness of the region to new residents.

Net Migration
In-Migration Rate Age 25-34

2025 TAKEAWAYS

In-migration of individuals supports innovative industries by bringing in diverse and in-demand skill sets. Employers view population growth as positive because it means the labor pool is expanding. Along with population growth, however, comes the demand for increased government services, including social services, transportation and other infrastructure needs.

For the third consecutive year, the region led the competitive set in Net Migration, though the growth rate slowed from 2.80% in the 2024 report to 2.20%. The in-migration rate of young adults (ages 25-34) also decreased slightly from 9.73% to 9.68%, placing Tampa Bay 7th in this category for the 2025 report.

INCREASING VALUES

  • Increasing Population Growth is often viewed as a positive because it means the labor pool is expanding, however, this also brings increased demand on government services, including social services, transportation and other infrastructure needs.

DECREASING VALUES

  • Decreasing Population Growth can denote a lack of competitiveness, resources, or affordability which attract and retain residents.

CONTRIBUTING FACTORS

  • Regional Attractiveness
  • Favorable Business Climate
  • Strong Infrastructure
  • Productive Talent Pipeline