Valrico today
What this means
Values in Valrico are down 1.5% over the past year, now 7.3% below the Aug 2022 peak.
Rents are area estimates; check comps for the exact house. Sources and method: how these figures are built.
Quick facts
| Valrico | vs Hillsborough County | vs Florida | |
|---|---|---|---|
| Population | 40,239 (Census survey) | ||
| Median home value | $393,700 | 6% higher | 10% higher |
| Median gross rent | $1,937 | 16% higher | 16% higher |
| Median household income | $104,839 | 32% higher | 41% higher |
| Owner occupied homes | 79% | +17.5 pts | +11.4 pts |
| Residents 65 and older | 18.6% | +3.6 pts | -2.7 pts |
| Average commute (minutes) | 32 | 9% higher | 12% higher |
| Homes built 2010 or later | 7.9% | -10.7 pts | -6.3 pts |
| Median property tax paid | $3,241 | 8% higher | 19% higher |
Census survey figures are 2020 to 2024 averages; methods.
Living in Valrico
Unincorporated community in east central Hillsborough about 14 miles east of Tampa, renamed Valrico in the 1880s.
There is no city hall here: Valrico is a Census designated place, and Hillsborough County sets the rules.
Known for: James McCabe Theater
Before the 1880s the area was called Long Pond; it was renamed Valrico, Spanish for rich valley, after professor William G. Tousey bought land here. An 1895 freeze stalled early growth, and the 1929 crash closed nearly every business in town. Growth came back in the mid 1950s, once State Road 60 tied into Adamo Drive and gave a direct route to Tampa. Today it sits between Brandon to the west, Bloomingdale to the southwest and FishHawk to the south, about 10 miles southwest of Plant City. As an unincorporated census place, county rules apply, so permits, zoning and any rental registration run through Hillsborough County.
Against the Hillsborough County averages, more homes are owner occupied (79% vs 61.5%); less of the housing is in apartment and condo buildings (3.4% vs 23%); household incomes are higher ($104,839 vs $79,540) and housing is older (7.9% built since 2010 vs 18.6%).
Cities with similar prices and rents: Apopka ($394,900, $1,969), Meadow Woods ($401,000, $1,906), Ocoee ($406,400, $1,946).
Growth and housing
The Census does not publish yearly estimates for unincorporated places, so growth here is read from housing age and the county trend. Hillsborough County grew 7.8% from 2020 to 2025.
The typical home here was built around 1996. Detached houses dominate (79.3% of homes). Households average 2.78 people.
4% of residents moved in from another state in the past year (county 3.2%).
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $3,525 a year |
| Coastal county | check flood zone and elevation per address |
Flood, storms and jobs
Flood insurance here follows Hillsborough County, which holds CRS class 4 (30% discount). For county flood claims, disaster history and jobs, see the Hillsborough County guide (12.7% of homes there are in high risk zones).
Buying a home in Valrico
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $541,287 |
| Conforming, one unit | $832,750 |
| Median home value here | $393,700 |
Price to income: 3.8x, compared with 4.7x for the county.
- Conventional: mortgage insurance drops off as equity builds.
- FHA: $147,587 of room between the median home and the FHA limit.
- VA: veterans are 10% of adults.
Investing in Valrico
Long term rentals
| Valrico | vs Hillsborough County | |
|---|---|---|
| Renter occupied homes | 21% | -17.5 pts |
| Rental vacancy | 9.7% | +3.3 pts |
| Rent as share of renter income | 33.2% | -0.7 pts |
Short term rentals
1.1% of homes are held for seasonal or vacation use (Hillsborough County 1.6%).
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 6% |
| State sales tax | 6% plus any county surtax |
Check the address against local zoning and the HOA documents first. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 79.3% |
| Buildings with 5+ units | 3.4% |
| Manufactured homes | 14.4% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.