How much is a home worth in ZIP code 33602?

The typical home in 33602 is worth $521,046, based on the Zillow Home Value Index.

Are home values rising in 33602?

Home values in 33602 are down 6.5% over the past year, and up 4.4% a year over five years.

What is the typical rent in 33602?

A typical home in 33602 rents for about $2,657 a month, a gross rental yield of 6.1%.

What is the property tax rate in 33602?

The effective property tax rate in 33602 is 0.9% — roughly $4,745 a year on a typical home.

ZIP code 33602 has a population of 21,452 and a median household income of $97,320.

HousingHandbookReference data

…

U.S. ZIP Code · FL33602

Hillsborough County · Tampa-St. Petersburg-Clearwater, FL

Typical home value

$521,046^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -6.5%
5-year / yr: +4.4%
10-year / yr: +6.6%

Relative price

vs U.S.: +83.4%
vs metro: +43.4%
vs state: +50.2%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 33602 is worth $521,046 — 43.4% above the Tampa-St. Petersburg-Clearwater, FL median. Over the past year, values have fallen 6.5%. Homes here rent for a typical $2,657 a month — a 6.1% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,657^[2]
Gross yield: 6.1%^[2]
Cap rate: 3.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $4,745^[3]

#Climate risk

FEMA National Risk Index ratings for Hillsborough County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively High
Wildfire: Relatively Moderate
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Very High
Tornado: Very High
Earthquake: Relatively Low
Winter weather: No Rating

#Who lives here

Population: 21,452^[3]
Median household income: $97,320^[3]

#Migration

Household moves in and out of Hillsborough County over a year, from IRS tax-return data.

Net migration: +376^[5]
Moved in: 49,562
Moved out: 49,186

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 5
Middle: 0
High: 0

RAMPELLO K-8 MAGNET SCHOOL
Elementary · Grades K–8 · HILLSBOROUGH
806 students
HILLSBOROUGH VIRTUAL SCHOOL
Other · Grades K–12 · HILLSBOROUGH
613 students
CHANNELSIDE ACADEMY OF MATH AND SCIENCE
Elementary · Grades K–8 · HILLSBOROUGH
333 students
TAMPA HEIGHTS ELEMENTARY MAGNET
Elementary · Grades K–5 · HILLSBOROUGH
291 students
GRAHAM ELEMENTARY SCHOOL
Elementary · Grades PK–5 · HILLSBOROUGH
198 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.1%

Net yield (after ~40% expenses)3.7%

Annual rent$31,886

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,635

Loan principal$416,837

Down payment$104,209

Total interest paid$531,652

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.30

Monthly cost to own$3,464

Monthly rent$2,657

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 22nd percentile^[1]
Rental yield: 34th percentile^[2]
Property tax: 88th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 33602?: The typical home in 33602 is worth $521,046, based on the Zillow Home Value Index.
Are home values rising in 33602?: Home values in 33602 are down 6.5% over the past year, and up 4.4% a year over five years.
What is the typical rent in 33602?: A typical home in 33602 rents for about $2,657 a month, a gross rental yield of 6.1%.
What is the property tax rate in 33602?: The effective property tax rate in 33602 is 0.9% — roughly $4,745 a year on a typical home.
Who lives in 33602?: ZIP code 33602 has a population of 21,452 and a median household income of $97,320.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

33547 vs 33602 →
Fish Hawk CDP, FL
Typical home
$516,352
Gross yield
5.7%
33708 vs 33602 →
Madeira Beach, FL
Typical home
$510,723
Gross yield
5.2%
33776
Seminole, FL
Typical home
$502,282
Gross yield
7.2%
34695
Safety Harbor, FL
Typical home
$497,008
Gross yield
5.5%
33558
Cheval CDP, FL
Typical home
$547,423
Gross yield
5.0%
34685
East Lake CDP, FL
Typical home
$480,415
Gross yield
4.9%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 33602 against any other ZIP — full side-by-side table.

Compare 33602 →

#Jump to section

U.S. ZIP Code · FL33602

Get more data on ZIPs like this

Get more data on ZIPs like this