Pinellas County, Florida: commercial real estate data.
Pinellas County, Florida has a population of 963,481 across 274 square miles, up 0.7 percent since the 2020 census base. County output reached $78.13 bn in 2024, 32,509 establishments operate here, and the SBA record carries 1,418 7(a) approvals worth $847.8 m.
129 sourced county values · tier FULL · 12 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Pinellas County
How many people live in Pinellas County
- Population963,481
- Households428,473
- Average household size2.25
- Median household income$72,646
- Median age49.0
- Median gross rent$1,642 per month
- Median owner-occupied home value$355,100
- Home value to household income4.9 times
- Annual rent as a share of median income27.1 percent
- Adults 25 and over with a bachelor degree or higher36.8 percent
- Adults 25 and over with a graduate degree13.6 percent
- Adults 25 and over753,975
- Population under 18148,581
- Share under 1815.4 percent
- Population 65 and over254,248
- Share 65 and over26.4 percent
- Working age population, 18 to 64560,652
- Civilian labor force488,622
- Unemployment rate4.4 percent
- Labor force participation, adults 18 and over60.0 percent
- Rank by population among Florida counties7th of 67
- Rank by population among US county-equivalents55th
Pinellas County is the 7th largest of 67 Florida counties by population. A median home costs 4.9 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 26.4 percent against 15.4 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Pinellas County
Is Pinellas County's population growing?
- Population change since the 2020 census base0.70 percent
- Census 2020 base population959,111
- Births, 20247,288
- Deaths, 202412,339
- Natural change, 2024-5,051
- Net domestic migration, 2024-3,973
- Net international migration, 20247,642
- Total net migration, 20243,669
- Cumulative net domestic migration, 2021 to 20249,652
- Rank by growth among US county-equivalents1586th
The county has grown 0.70 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone 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.
Pinellas County
Where are people moving to Pinellas County from?
- Tax returns filed by households arriving34,147
- People arriving, from those returns51,833
- Adjusted gross income arriving$3.75 bn
- Net adjusted gross income movement$0
- Average income of an arriving household$109,940
- Largest single originPinellas County Non-migrants (391,943 households)
- Largest single destination (391,943 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Pinellas County Non-migrants | 391,943 | 677,971 | $40.11 bn |
| Other flows - Different State | 5,699 | 9,105 | $551.6 m |
| Hillsborough County | 5,049 | 7,226 | $429.5 m |
| Other flows - South | 2,384 | 3,831 | $238.6 m |
| Pasco County | 1,952 | 3,207 | $109.6 m |
| Other flows - Midwest | 1,763 | 2,797 | $156.5 m |
| Other flows - Northeast | 818 | 1,221 | $88.7 m |
| Other flows - West | 734 | 1,256 | $67.8 m |
The largest single source of arrivals is Pinellas County Non-migrants, 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.
Pinellas County
What is the Pinellas County economy?
- County GDP, 2024$78.13 bn
- County GDP, 2023$74.22 bn
- GDP change, 2023 to 20245.3 percent
- GDP change over five years42.9 percent
- Rank by GDP among Florida counties7th
- Rank by GDP among US county-equivalents68th
- GDP per resident$81,092
Output grew 5.3 percent in the latest year and 42.9 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.
Pinellas County
Largest employers in Pinellas County
- Covered employment, annual average447,680
- Establishments reporting41,518
- Average annual pay$67,519
- Average weekly wage$1,298
- Sector 62, employment70,089
- Sector 62, average annual pay$66,708
- Sector 44-45, employment51,535
- Sector 44-45, average annual pay$41,902
- Sector 72, employment50,059
- Sector 72, average annual pay$31,219
- Sector 54, employment35,757
- Sector 54, average annual pay$89,185
- Sector 31-33, employment35,156
- Sector 56, employment27,655
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 70,089 | 4,806 | $66,708 |
| Sector 44-45 | 51,535 | 4,051 | $41,902 |
| Sector 72 | 50,059 | 2,942 | $31,219 |
| Sector 54 | 35,757 | 7,392 | $89,185 |
| Sector 31-33 | 35,156 | 1,556 | $78,495 |
| Sector 56 | 27,655 | 3,280 | $56,049 |
| Sector 23 | 24,678 | 3,588 | $64,859 |
| Sector 52 | 21,707 | 2,216 | $134,120 |
The largest sector is the biggest private employer group at 70,089 jobs, 15.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Pinellas County
How many businesses are in Pinellas County?
- Establishments, all industries32,509
- Employment at those establishments425,004
- Annual payroll$25.50 bn
- Establishments per 1,000 residents33.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Pinellas County
Building permits in Pinellas County
- Housing units authorised by permit, 20242,627
- Declared construction value permitted$801.3 m
- Single family units authorised1,135
- Multifamily units authorised1,492
- Multifamily share of units56.8 percent
- Average declared value per unit$305,016
- Units authorised per 1,000 households6.1
Multifamily is 56.8 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Pinellas County
SBA loans in Pinellas County (7(a) and 504)
- 7(a) approvals recorded1,418
- 7(a) gross approval dollars$847.8 m
- Average 7(a) approval$597,860
- Median 7(a) approval$300,000
- 10th percentile approval$48,600
- 90th percentile approval$1,458,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)16,430
- Jobs per approval11.6
- Distinct 7(a) lenders active137
- Distinct industries receiving approvals346
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer14.5 percent
- Loans on real estate terms206
- Loans on working capital terms, 120 months or shorter1,103
- Franchise loans192
- Franchise share of approvals13.5 percent
- Leading industry by approval countFull-Service Restaurants (88)
- Most active lenderBayFirst National Bank (114)
- 504 approvals recorded599
- 504 gross approval dollars$390.5 m
- Average 504 approval$651,937
- Median 504 approval$413,000
- Distinct CDCs active4
- 504 jobs per approval8.2
- 504 jobs per million dollars approved12.6
- Most active CDCFlorida Business Development Corporation (333)
- 7(a) share of SBA approvals70.3 percent
- Combined SBA approval dollars$1.24 bn
The average approval of $597,860 sits well above the median of $300,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 14.5 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.
Pinellas County
SBA loan default and charge-off rates in Pinellas County
Do SBA loans in Pinellas County get paid back?
- Loans with a final outcome recorded260
- Paid in full231
- Charged off29
- Charge off rate on resolved loans11.2 percent
- Status: Paid in full231
- Status: Exempt from disclosure891
- Status: Charged off29
- Status: Cancelled187
- Status: Committed, not yet disbursed80
| NAICS | Industry | Resolved loans | Charged off | Charge off rate |
|---|---|---|---|---|
| 524210 | Insurance Agencies and Brokerages | 15 | 0 | 0.0% |
| 722511 | Full-Service Restaurants | 12 | 2 | 16.7% |
| 722513 | Limited-Service Restaurants | 11 | 1 | 9.1% |
Of the 260 loans that have reached a final outcome, 11.2 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. Among industries with at least ten resolved loans, Full-Service Restaurants carries the highest charge off rate at 16.7 percent.
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.
Pinellas County
SBA lending by place in Pinellas County
- Places in the county with recorded lending39
- Saint Petersburg, approvals438
- Clearwater, approvals304
- LARGO, approvals152
- PALM HARBOR, approvals104
- Pinellas Park, approvals87
- Dunedin, approvals61
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Saint Petersburg | 438 | $250,872,800 |
| Clearwater | 304 | $187,138,300 |
| LARGO | 152 | $86,511,100 |
| PALM HARBOR | 104 | $53,344,300 |
| Pinellas Park | 87 | $52,755,300 |
| Dunedin | 61 | $35,713,500 |
| TARPON SPRINGS | 51 | $20,988,400 |
| OLDSMAR | 44 | $32,207,300 |
Saint Petersburg accounts for 438 approvals against 304 in Clearwater. 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.
Pinellas County
How large is Pinellas County?
- Land area274 sq mi
- Rank by land area among Florida counties66th of 67
- Width, east to west17.4 mi
- Height, north to south38.7 mi
- Geographies sharing a boundary2
- Residents per square mile of land3,516
- Establishments per square mile118.65
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.
Pinellas County
Flood risk in Pinellas County
- Communities in the NFIP Community Status Book25
- Of those, participating in the NFIP25
- 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 2
- Communities carrying a CRS class23
- Radon levels in Pinellas County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The EPA places Pinellas 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 in Pinellas County is 2, 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 FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Pinellas 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 Pinellas County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population963,481
- Households428,473
- Average household size2.25
- Median household income$72,646
- Median age49.0
Common questions
Pinellas County questions, answered from the record.
How many people live in Pinellas County, Florida?
963,481, in 428,473 households, ranking 7th of 67 Florida counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Pinellas County's population growing?
The population has grown 0.70 percent since the 2020 census base. In 2024 there were 7,288 births against 12,339 deaths, with net migration of 3,669. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Pinellas County?
$72,646. The median owner-occupied home is valued at $355,100, which is 4.9 times income, and median gross rent is $1,642 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Pinellas County?
32,509 establishments, employing 425,004 people with an annual payroll of $25.50 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Pinellas County?
Average annual pay is $67,519, or $1,298 a week, across 447,680 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Pinellas County?
1,418 7(a) approvals totalling $847.8 m since FY2020, across 137 lenders, with a median approval of $300,000, plus 599 504 approvals worth $390.5 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Pinellas County get paid back?
Of the 260 loans that have reached a final outcome, 231 were paid in full and 29 charged off, a charge off rate of 11.2 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Pinellas County?
2,627 housing units were authorised by permit in 2024, with a declared construction value of $801.3 m. Multifamily was 56.8 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Pinellas 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 Pinellas County come from?
The largest single origin is Pinellas County Non-migrants, with 391,943 households. Arriving households report an average income of $109,940 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Pinellas 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 Pinellas County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.
Pinellas County
Cities and places in Pinellas.
37 Census places lie wholly or partly in Pinellas County. 37 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA approvals | Lies in |
|---|---|---|---|---|
| St. Petersburg | city | 262,732 | 441 | Wholly in this county |
| Clearwater | city | 117,247 | 305 | Wholly in this county |
| Largo | city | 82,617 | 152 | Wholly in this county |
| Palm Harbor | CDP | 61,512 | 104 | Wholly in this county |
| Pinellas Park | city | 53,560 | 87 | Wholly in this county |
| Dunedin | city | 36,062 | 61 | Wholly in this county |
| East Lake | CDP | 33,283 | None recorded | Wholly in this county |
| Tarpon Springs | city | 25,791 | 51 | Wholly in this county |
| Lealman | CDP | 20,567 | None recorded | Wholly in this county |
| Seminole | city | 19,396 | 40 | Wholly in this county |
| Safety Harbor | city | 17,033 | 29 | Wholly in this county |
| West Lealman | CDP | 14,944 | None recorded | Wholly in this county |
| Oldsmar | city | 14,904 | 44 | Wholly in this county |
| Gulfport | city | 11,734 | 10 | Wholly in this county |
| Bardmoor | CDP | 10,292 | None recorded | Wholly in this county |
| St. Pete Beach | city | 8,805 | 23 | Wholly in this county |
| Treasure Island | city | 6,553 | 10 | Wholly in this county |
| South Pasadena | city | 5,320 | 6 | Wholly in this county |
| Kenneth City | town | 5,012 | 3 | Wholly in this county |
| Belleair | town | 4,428 | 3 | Wholly in this county |
| South Highpoint | CDP | 4,174 | None recorded | Wholly in this county |
| Tierra Verde | CDP | 4,108 | 2 | Wholly in this county |
| Madeira Beach | city | 3,953 | 6 | Wholly in this county |
| Indian Rocks Beach | city | 3,664 | 1 | Wholly in this county |
| Ridgecrest | CDP | 3,571 | None recorded | Wholly in this county |
| Feather Sound | CDP | 3,476 | None recorded | Wholly in this county |
| Harbor Bluffs | CDP | 3,076 | None recorded | Wholly in this county |
| Bay Pines | CDP | 2,519 | None recorded | Wholly in this county |
| Greenbriar | CDP | 2,283 | None recorded | Wholly in this county |
| Bear Creek | CDP | 2,179 | None recorded | Wholly in this county |
| Belleair Bluffs | city | 2,070 | 10 | Wholly in this county |
| Redington Shores | town | 2,009 | 1 | Wholly in this county |
| Belleair Beach | city | 1,526 | 4 | Wholly in this county |
| North Redington Beach | town | 1,404 | 2 | Wholly in this county |
| Redington Beach | town | 1,271 | None recorded | Wholly in this county |
| Indian Shores | town | 1,243 | None recorded | Wholly in this county |
| Belleair Shore | town | 56 | None recorded | Wholly in this county |
A further 28 SBA approvals in Pinellas County are recorded against borrower cities that match no Census place, the largest being Clearwater Beach, Kenneth City, Frisco. Those are postal cities and unincorporated areas rather than incorporated places, so no page claims them, and their lending is counted in this county's totals above rather than under any city.