HousingHandbookReference data

U.S. ZIP Code · FL33612

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

Typical home value

$291,138[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.4%
5-year / yr
+6.7%
10-year / yr
+10.7%

Relative price

vs U.S.
+2.5%
vs metro
-19.9%
vs state
-16.1%
ZIP 33612 location in FL
Location of ZIP 33612 in FL

Price history

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

The typical home in 33612 is worth $291,138 — 19.9% below the Tampa-St. Petersburg-Clearwater, FL median. Over the past year, values have fallen 2.4%. Homes here rent for a typical $1,570 a month — a 6.5% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$1,570[2]
Gross yield
6.5%[2]
Cap rate
3.9%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$1,768[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
49,005[3]
Median household income
$47,199[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
14
Elementary
9
Middle
1
High
3
  • CHAMBERLAIN HIGH SCHOOL

    High · Grades 9–12 · HILLSBOROUGH

    1,234 students

  • IDEA VICTORY

    Other · Grades K–12 · IDEA PUBLIC SCHOOLS

    1,025 students

  • FOREST HILLS ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · HILLSBOROUGH

    689 students

  • LAKE MAGDALENE ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · HILLSBOROUGH

    687 students

  • MILES ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · HILLSBOROUGH

    664 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.

Gross yield6.5%
Net yield (after ~40% expenses)3.9%
Annual rent$18,836

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.

Monthly payment$1,472
Loan principal$232,911
Down payment$58,228
Total interest paid$297,065

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.

Own : rent ratio1.19
Monthly cost to own$1,863
Monthly rent$1,570

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
88th percentile[1]
Rental yield
42nd percentile[2]
Property tax
9th percentile[3]

Frequently asked

How much is a home worth in ZIP code 33612?
The typical home in 33612 is worth $291,138, based on the Zillow Home Value Index.
Are home values rising in 33612?
Home values in 33612 are down 2.4% over the past year, and up 6.7% a year over five years.
What is the typical rent in 33612?
A typical home in 33612 rents for about $1,570 a month, a gross rental yield of 6.5%.
What is the property tax rate in 33612?
The effective property tax rate in 33612 is 0.6% — roughly $1,768 a year on a typical home.
Who lives in 33612?
ZIP code 33612 has a population of 49,005 and a median household income of $47,199.

#Comparable ZIPs

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

  • Palm River-Clair Mel CDP, FL

    Typical home
    $289,568
    Gross yield
    8.3%
  • Spring Hill CDP, FL

    Typical home
    $294,722
    Gross yield
    7.7%
  • Temple Terrace, FL

    Typical home
    $295,247
    Gross yield
    6.8%
  • Pinellas Park, FL

    Typical home
    $296,625
    Gross yield
    8.3%
  • Temple Terrace, FL

    Typical home
    $296,802
    Gross yield
    7.2%
  • Plant City, FL

    Typical home
    $283,208
    Gross yield
    7.1%

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