Valrico, FL Profile: Facts & Data

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Valrico, Florida - Basic Facts

The Valrico CDP(1) had a population of 38,560 as of July 1, 2024.

The primary coordinate point for Valrico is located at latitude 27.9379 and longitude -82.2364 in Hillsborough County. The formal boundaries for the Valrico Census Designated Place encompass a land area of 13.81 sq. miles and a water area of 0.41 sq. miles. Hillsborough County is in the Eastern time zone (GMT -5).

The Valrico Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Valrico Census Designated Place is located within Brandon CCD of Hillsborough County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Valrico 2024 Demographic Data
  2. Growth Rates for Valrico (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2024 Demographics
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Valrico, FL Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 38,560 (100%)
Population in Households 38,517 (99.9%)
Population in Families 33,593 (87.1%)
Population in Group Quarters1 43 ( 0.1%)
Population Density 2,792
Diversity Index2 71
 
 

INCOME

Median Household Income $98,386
Average Household Income $131,881
% of Income for Mortgage4 25%
Per Capita Income $47,907
Wealth Index5 133
Socioeconomic Status Index6 Moderate (55.2)
 

HOUSING

Total HU (Housing Units) 14,504 (100%)
Owner Occupied HU 11,568 (79.8%)
Renter Occupied HU 2,439 (16.8%)
Vacant Housing Units 497 ( 3.4%)
Median Home Value $390,947
Average Home Value $401,316
Housing Affordability Index3 99
 

HOUSEHOLDS

Total Households 14,007
Average Household Size 2.75
Family Households 10,625
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 0.41% 0.52%
Households 0.51% 0.58%
Families   0.61%
Median Household Income   3.47%
Per Capita Income   3.41%
Owner Occupied HU   1.27%

Valrico, FL - Peer Comparisons by Rank and Percentile

The table below compares Valrico to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 113 88th
Population Density # 294 69th
Median Household Income # 187 81st
Housing Affordability Index # 714 75th
Per Capita Income # 299 69th
Diversity Index # 291 70th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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