Pasco County, Florida: commercial real estate data.
Pasco County, Florida had an estimated 659,114 residents on July 1, 2024, up 17.3 percent since the 2020 census base of 561,890, across 747 square miles. County output reached $24.18 bn in 2024, 11,975 establishments operate here, and the SBA record carries 612 7(a) approvals worth $328.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Pasco County
How many people live in Pasco County
- Population, American Community Survey 2020-2024611,444
- Households236,163
- Average household size2.59
- Median household income$70,492
- Median age43.4
- Median gross rent$1,505 per month
- Median owner-occupied home value$300,900
- Home value to household income4.3 times
- Annual rent as a share of median income25.6 percent
- Adults 25 and over with a bachelor degree or higher29.2 percent
- Adults 25 and over with a graduate degree10.6 percent
- Adults 25 and over443,636
- Population under 18123,778
- Share under 1820.2 percent
- Population 65 and over134,207
- Share 65 and over21.9 percent
- Working age population, 18 to 64353,459
- Civilian labor force289,118
- Unemployment rate4.9 percent
- Labor force participation, adults 18 and over59.3 percent
- Rank by population among Florida counties11th of 67
- Rank by population among US county-equivalents, Puerto Rico included113th of 3,222
Pasco County is the 11th largest of 67 Florida counties by population. A median home costs 4.3 times median household income, which is seriously unaffordable by national standards. Residents 65 and over outnumber those under 18, at 21.9 percent against 20.2 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Pasco County
Is Pasco County's population growing?
- Population, July 1, 2024659,114
- Census 2020 base population561,890
- Population change since the 2020 census base17.30 percent
- Population change, 2023 to 202423,065
- Births, 20245,643
- Deaths, 20247,177
- Natural change, 2024-1,534
- Net domestic migration, 202420,361
- Net international migration, 20244,308
- Total net migration, 202424,669
- Cumulative net domestic migration, 2021 to 202489,722
- Rank by growth among US county-equivalents35th of 3,144
The county has grown 17.30 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Pasco County
Where are people moving to Pasco County from?
- Tax returns filed by households arriving28,162
- People arriving, from those returns52,876
- Tax returns filed by households leaving18,514
- Net household movement9,648
- Adjusted gross income arriving$2.15 bn
- Net adjusted gross income movement$1.02 bn
- Average income of an arriving household$76,334
- Average income of a leaving household$60,924
- Largest single originHillsborough County (7,439 households)
- Largest single destinationHillsborough County (3,917 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hillsborough County | 7,439 | 14,119 | $529.8 m |
| Pinellas County | 4,013 | 7,066 | $258.3 m |
| Hernando County | 1,199 | 2,162 | $54.7 m |
| Polk County | 423 | 748 | $24.5 m |
| Orange County | 328 | 572 | $20.2 m |
| Broward County | 319 | 635 | $25.5 m |
| Miami-Dade County | 281 | 516 | $16.4 m |
| Suffolk County | 214 | 397 | $17.0 m |
Households arriving report $15,410 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Hillsborough County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Pasco County
What is the Pasco County economy?
- County GDP, 2024$24.18 bn
- County GDP, 2023$22.37 bn
- GDP change, 2023 to 20248.0 percent
- GDP change over five years59.6 percent
- Rank by GDP among the Florida areas BEA publishes17th of 67
- Rank by GDP among the US county areas BEA publishes226th of 3,127
- GDP per resident$39,538
Output grew 8.0 percent in the latest year and 59.6 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Pasco County
Employment by industry in Pasco County
- Covered employment, annual average145,102
- Establishments reporting15,144
- Average annual pay$55,908
- Average weekly wage$1,075
- Health care and social assistance, employment27,181
- Health care and social assistance, average annual pay$67,589
- Retail trade, employment25,740
- Retail trade, average annual pay$38,205
- Accommodation and food services, employment17,499
- Accommodation and food services, average annual pay$25,219
- Construction, employment11,935
- Construction, average annual pay$59,821
- Administrative and support and waste management services, employment8,007
- Professional, scientific and technical services, employment7,301
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 27,181 | 1,904 | $67,589 |
| Retail trade | 25,740 | 1,752 | $38,205 |
| Accommodation and food services | 17,499 | 1,090 | $25,219 |
| Construction | 11,935 | 1,722 | $59,821 |
| Administrative and support and waste management services | 8,007 | 1,294 | $58,228 |
| Professional, scientific and technical services | 7,301 | 2,091 | $78,211 |
| Other services, except public administration | 4,846 | 1,078 | $39,739 |
| Manufacturing | 4,281 | 431 | $80,931 |
Health care and social assistance is the largest private sector at 27,181 jobs, 18.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Pasco County
How many businesses are in Pasco County?
- Establishments, all industries11,975
- Employment at those establishments123,042
- Annual payroll$5.76 bn
- Establishments per 1,000 residents19.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Pasco County
Building permits in Pasco County
- Housing units authorized by permit, 20246,765
- Declared construction value permitted$1.81 bn
- Single family units authorized5,481
- Multifamily units authorized1,284
- Multifamily share of units19.0 percent
- Average declared value per unit$268,053
- Units authorized per 1,000 households28.6
Single-family homes are 81.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Pasco County
SBA loans in Pasco County (7(a) and 504)
- 7(a) approvals recorded612
- 7(a) gross approval dollars$328.4 m
- Average 7(a) approval$536,552
- Median 7(a) approval$250,000
- 10th percentile approval$25,000
- 90th percentile approval$1,344,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)6,539
- Jobs per approval10.7
- Distinct 7(a) lenders active104
- Distinct industries receiving approvals199
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer19.6 percent
- Loans on real estate terms120
- Loans on working capital terms, 120 months or shorter449
- Franchise loans112
- Franchise share of approvals18.3 percent
- Leading industry by approval countLimited-Service Restaurants (31)
- Most active lenderTD Bank, National Association (64)
- 504 approvals recorded228
- 504 gross approval dollars$205.6 m
- Average 504 approval$901,732
- Median 504 approval$517,500
- Distinct CDCs active5
- 504 jobs per approval8.5
- 504 jobs per million dollars approved9.5
- Most active CDCFlorida Business Development Corporation (133)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$534.0 m
The average approval of $536,552 sits well above the median of $250,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 19.6 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Pasco County
SBA loan default and charge-off rates in Pasco County
Do SBA loans in Pasco County get paid back?
- Loans with a final outcome recorded102
- Paid in full91
- Charged off11
- Charge-off rate on resolved loans10.8 percent
- Status: Exempt from disclosure380
- Status: Cancelled95
- Status: Charged off11
- Status: Paid in full91
- Status: Committed, not yet disbursed35
Of the 102 loans that have reached a final outcome, 10.8 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pasco County
SBA lending by place in Pasco County
- Borrower cities with recorded lending18
- Wesley Chapel, approvals139
- New Port Richey, approvals94
- Land O' Lakes, approvals76
- Port Richey, approvals44
- Odessa, approvals44
- Lutz, approvals43
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Wesley Chapel | 139 | $56,138,700 |
| New Port Richey | 94 | $59,069,000 |
| Land O' Lakes | 76 | $39,599,500 |
| Port Richey | 44 | $34,055,300 |
| Odessa | 44 | $27,820,400 |
| Lutz | 43 | $23,225,700 |
| Holiday | 34 | $18,080,200 |
| Dade City | 33 | $19,541,100 |
| 10 other borrower cities | 105 | $50,839,800 |
Wesley Chapel accounts for 139 approvals against 94 in New Port Richey. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pasco County
How large is Pasco County?
- Land area747 sq mi
- Rank by land area among Florida counties30th of 67
- Width, east to west45.7 mi
- Height, north to south21.2 mi
- Geographies sharing a boundary5
- Residents per square mile of land819
- Establishments per square mile16.03
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Pasco County
Flood risk in Pasco County
- Participation of the county's own NFIP community Pasco County, unincorporated areasParticipating, community 120230
- Community Rating System class of the county's own communityClass 5
- Communities in the county in the NFIP Community Status Book7
- Of those, participating in the NFIP7
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class3
- Radon levels in Pasco County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Pasco County (community 120230), participates in the National Flood Insurance Program and carries Community Rating System class 5, a flood insurance premium discount for policies written there. The EPA places Pasco County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 5, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Pasco County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Pasco County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024611,444
- Households236,163
- Average household size2.59
- Median household income$70,492
- Median age43.4
Common questions
Pasco County questions, answered from the record.
How many people live in Pasco County, Florida?
The Census Bureau estimates 659,114 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 611,444, in 236,163 households, ranking 11th of 67 Florida counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Pasco County's population growing?
The population has grown 17.30 percent since the 2020 census base of 561,890, to 659,114 on July 1, 2024. In 2024 there were 5,643 births against 7,177 deaths, with net migration of 24,669. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Pasco County?
$70,492. The median owner-occupied home is valued at $300,900, which is 4.3 times income, and median gross rent is $1,505 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Pasco County?
11,975 establishments, employing 123,042 people with an annual payroll of $5.76 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Pasco County?
Health care and social assistance is the largest private sector at 27,181 jobs, 18.7 percent of covered employment. Covered employment averages 145,102 jobs at an average annual pay of $55,908, or $1,075 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Pasco County?
612 7(a) approvals totaling $328.4 m since FY2020, across 104 lenders, with a median approval of $250,000, plus 228 504 approvals worth $205.6 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Pasco County get paid back?
Of the 102 loans that have reached a final outcome, 91 were paid in full and 11 charged off, a charge-off rate of 10.8 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Pasco County?
6,765 housing units were authorized by permit in 2024, with a declared construction value of $1.81 bn. Multifamily was 19.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Pasco County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Pasco County come from?
The largest single origin is Hillsborough County, with 7,439 households. Arriving households report an average income of $76,334 against $60,924 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Pasco County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Pasco County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Pasco County
Cities and places in Pasco.
34 Census places lie wholly or partly in Pasco County. All 34 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Wesley Chapel | CDP | 76,011 | 139 | Wholly in this county |
| Land O' Lakes | CDP | 38,910 | 76 | Wholly in this county |
| Bayonet Point | CDP | 23,822 | None recorded | Wholly in this county |
| Jasmine Estates | CDP | 23,571 | None recorded | Wholly in this county |
| Holiday | CDP | 22,785 | 34 | Wholly in this county |
| Zephyrhills | city | 19,668 | 31 | Wholly in this county |
| Trinity | CDP | 18,907 | 18 | Wholly in this county |
| New Port Richey | city | 17,425 | 94 | Wholly in this county |
| Elfers | CDP | 15,006 | None recorded | Wholly in this county |
| Pasadena Hills | CDP | 13,505 | None recorded | Wholly in this county |
| Shady Hills | CDP | 11,983 | None recorded | Wholly in this county |
| New Port Richey East | CDP | 11,939 | None recorded | Wholly in this county |
| Hudson | CDP | 11,254 | 30 | Wholly in this county |
| Odessa | CDP | 8,381 | 44 | Wholly in this county |
| Dade City | city | 8,152 | 33 | Wholly in this county |
| Beacon Square | CDP | 7,895 | None recorded | Wholly in this county |
| Connerton | CDP | 7,650 | None recorded | Wholly in this county |
| Zephyrhills West | CDP | 5,980 | None recorded | Wholly in this county |
| River Ridge | CDP | 5,149 | None recorded | Wholly in this county |
| Zephyrhills South | CDP | 5,008 | None recorded | Wholly in this county |
| Moon Lake | CDP | 4,638 | None recorded | Wholly in this county |
| Meadow Oaks | CDP | 3,705 | None recorded | Wholly in this county |
| Port Richey | city | 3,364 | 44 | Wholly in this county |
| Quail Ridge | CDP | 2,916 | None recorded | Wholly in this county |
| Zephyrhills North | CDP | 2,831 | None recorded | Wholly in this county |
| Dade City North | CDP | 2,803 | None recorded | Wholly in this county |
| St. Leo | town | 1,985 | None recorded | Wholly in this county |
| Heritage Pines | CDP | 1,477 | None recorded | Wholly in this county |
| San Antonio | city | 1,446 | 10 | Wholly in this county |
| Key Vista | CDP | 1,418 | None recorded | Wholly in this county |
| Crystal Springs | CDP | 1,298 | None recorded | Wholly in this county |
| Lacoochee | CDP | 1,289 | None recorded | Wholly in this county |
| Aripeka | CDP | 258 | None recorded | 81.1 percent here, 18.9 percent Hernando County |
| Trilby | CDP | 197 | None recorded | Wholly in this county |
A further 59 of the county's 612 SBA 7(a) approvals are to borrowers in cities that match no Census place in Pasco County, the largest being Lutz (43), Spring Hill (10), Tampa (2). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby