How much is a home worth in ZIP code 33603?

The typical home in 33603 is worth $403,745, based on the Zillow Home Value Index.

Are home values rising in 33603?

Home values in 33603 are down 2.2% over the past year, and up 4.6% a year over five years.

What is the typical rent in 33603?

A typical home in 33603 rents for about $2,044 a month, a gross rental yield of 6.1%.

What is the property tax rate in 33603?

The effective property tax rate in 33603 is 0.7% — roughly $2,766 a year on a typical home.

ZIP code 33603 has a population of 19,869 and a median household income of $74,081.

HousingHandbookReference data

…

U.S. ZIP Code · FL33603

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

Typical home value

$403,745^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.2%
5-year / yr: +4.6%
10-year / yr: +9.4%

Relative price

vs U.S.: +42.1%
vs metro: +11.1%
vs state: +16.4%

Price history

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

The typical home in 33603 is worth $403,745 — 11.1% above the Tampa-St. Petersburg-Clearwater, FL median. Over the past year, values have fallen 2.2%. Homes here rent for a typical $2,044 a month — a 6.1% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $2,044^[2]
Gross yield: 6.1%^[2]
Cap rate: 3.6%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $2,766^[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: 19,869^[3]
Median household income: $74,081^[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: 7
Elementary: 4
Middle: 1
High: 2

HILLSBOROUGH HIGH SCHOOL
High · Grades 9–12 · HILLSBOROUGH
1,768 students
TRINITY SCHOOL FOR CHILDREN
Elementary · Grades K–8 · HILLSBOROUGH
903 students
MEMORIAL MIDDLE SCHOOL
Middle · Grades 6–8 · HILLSBOROUGH
659 students
MENDENHALL ELEMENTARY SCHOOL
Elementary · Grades PK–5 · HILLSBOROUGH
542 students
SEMINOLE HEIGHTS CHARTER HIGH SCHOOL
High · Grades 7–12 · HILLSBOROUGH
326 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)3.6%

Annual rent$24,530

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$2,042

Loan principal$322,996

Down payment$80,749

Total interest paid$411,964

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 ratio1.28

Monthly cost to own$2,610

Monthly rent$2,044

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: 27th percentile^[1]
Rental yield: 31st percentile^[2]
Property tax: 25th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 33603?: The typical home in 33603 is worth $403,745, based on the Zillow Home Value Index.
Are home values rising in 33603?: Home values in 33603 are down 2.2% over the past year, and up 4.6% a year over five years.
What is the typical rent in 33603?: A typical home in 33603 rents for about $2,044 a month, a gross rental yield of 6.1%.
What is the property tax rate in 33603?: The effective property tax rate in 33603 is 0.7% — roughly $2,766 a year on a typical home.
Who lives in 33603?: ZIP code 33603 has a population of 19,869 and a median household income of $74,081.

#Comparable ZIPs

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

34639 vs 33603 →
Land O' Lakes CDP, FL
Typical home
$406,031
Gross yield
5.9%
33565 vs 33603 →
Plant City, FL
Typical home
$400,396
Gross yield
—
33543
Wesley Chapel CDP, FL
Typical home
$407,745
Gross yield
7.0%
34607
Hernando Beach CDP, FL
Typical home
$399,568
Gross yield
—
34698
Dunedin, FL
Typical home
$409,062
Gross yield
6.1%
33616
Tampa, FL
Typical home
$409,667
Gross yield
6.3%

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

Compare ZIPs

Pit ZIP 33603 against any other ZIP — full side-by-side table.

Compare 33603 →

#Jump to section

U.S. ZIP Code · FL33603

Get more data on ZIPs like this

Get more data on ZIPs like this