Pasco County, Florida: commercial real estate data.
Pasco County, Florida has a population of 611,444 across 747 square miles, up 17.3 percent since the 2020 census base. County output reached $24.18 bn in 2024, 11,975 establishments operate here, and the SBA record carries 612 7(a) approvals worth $328.4 m.
129 sourced county values · tier FULL · 12 sections
Pasco County
How many people live in Pasco County
- Population611,444
- Households236,163
- Average household size2.59
- Median household income$70,492
- Median age43.4
- Median gross rent$1,505 per month
- Median owner-occupied home value$300,900
- Home value to household income4.3 times
- Annual rent as a share of median income25.6 percent
- Adults 25 and over with a bachelor degree or higher29.2 percent
- Adults 25 and over with a graduate degree10.6 percent
- Adults 25 and over443,636
- Population under 18123,778
- Share under 1820.2 percent
- Population 65 and over134,207
- Share 65 and over21.9 percent
- Working age population, 18 to 64353,459
- Civilian labor force289,118
- Unemployment rate4.9 percent
- Labor force participation, adults 18 and over59.3 percent
- Rank by population among Florida counties11th of 67
- Rank by population among US county-equivalents113th
Pasco County is the 11th largest of 67 Florida counties by population. A median home costs 4.3 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 21.9 percent against 20.2 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Pasco County
Is Pasco County growing
- Population change since the 2020 census base17.30 percent
- Census 2020 base population561,890
- Births, 20245,643
- Deaths, 20247,177
- Natural change, 2024-1,534
- Net domestic migration, 202420,361
- Net international migration, 20244,308
- Total net migration, 202424,669
- Cumulative net domestic migration, 2021 to 202489,722
- Rank by growth among US county-equivalents35th
The county has grown 17.30 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Pasco County
Where people moving to Pasco County come from
- Tax returns filed by households arriving28,162
- People arriving, from those returns52,876
- Adjusted gross income arriving$2.15 bn
- Net adjusted gross income movement$0
- Average income of an arriving household$76,334
- Largest single originPasco County Non-migrants (212,821 households)
- Largest single destination (212,821 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Pasco County Non-migrants | 212,821 | 421,858 | $15.59 bn |
| Hillsborough County | 7,439 | 14,119 | $529.8 m |
| Other flows - Different State | 5,057 | 9,651 | $394.7 m |
| Pinellas County | 4,013 | 7,066 | $258.3 m |
| Other flows - South | 2,084 | 4,044 | $160.7 m |
| Other flows - Midwest | 1,515 | 2,874 | $117.4 m |
| Hernando County | 1,199 | 2,162 | $54.7 m |
| Other flows - Northeast | 912 | 1,632 | $66.1 m |
The largest single source of arrivals is Pasco County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Pasco County
What the Pasco County economy runs on
- County GDP, 2024$24.18 bn
- County GDP, 2023$22.37 bn
- GDP change, 2023 to 20248.0 percent
- GDP change over five years59.6 percent
- Rank by GDP among Florida counties17th
- Rank by GDP among US county-equivalents226th
- GDP per resident$39,538
Output grew 8.0 percent in the latest year and 59.6 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Pasco County
Who employs people in Pasco County
- Covered employment, annual average145,102
- Establishments reporting15,144
- Average annual pay$55,908
- Average weekly wage$1,075
- Sector 62, employment27,181
- Sector 62, average annual pay$67,589
- Sector 44-45, employment25,740
- Sector 44-45, average annual pay$38,205
- Sector 72, employment17,499
- Sector 72, average annual pay$25,219
- Sector 23, employment11,935
- Sector 23, average annual pay$59,821
- Sector 56, employment8,007
- Sector 54, employment7,301
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 27,181 | 1,904 | $67,589 |
| Sector 44-45 | 25,740 | 1,752 | $38,205 |
| Sector 72 | 17,499 | 1,090 | $25,219 |
| Sector 23 | 11,935 | 1,722 | $59,821 |
| Sector 56 | 8,007 | 1,294 | $58,228 |
| Sector 54 | 7,301 | 2,091 | $78,211 |
| Sector 81 | 4,846 | 1,078 | $39,739 |
| Sector 31-33 | 4,281 | 431 | $80,931 |
The largest sector is the biggest private employer group at 27,181 jobs, 18.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Pasco County
What businesses operate in Pasco County
- Establishments, all industries11,975
- Employment at those establishments123,042
- Annual payroll$5.76 bn
- Establishments per 1,000 residents19.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Pasco County
What is being built in Pasco County
- Housing units authorised by permit, 20246,765
- Declared construction value permitted$1.81 bn
- Single family units authorised5,481
- Multifamily units authorised1,284
- Multifamily share of units19.0 percent
- Average declared value per unit$268,053
- Units authorised per 1,000 households28.6
Multifamily is 19.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Pasco County
How much SBA lending happens in Pasco County
- 7(a) approvals recorded612
- 7(a) gross approval dollars$328.4 m
- Average 7(a) approval$536,552
- Median 7(a) approval$250,000
- 10th percentile approval$25,000
- 90th percentile approval$1,345,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)6,539
- Jobs per approval10.7
- Distinct 7(a) lenders active104
- Distinct industries receiving approvals199
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer19.6 percent
- Loans on real estate terms120
- Loans on working capital terms, 120 months or shorter449
- Franchise loans112
- Franchise share of approvals18.3 percent
- Leading industry by approval countLimited-Service Restaurants (31)
- Most active lenderTD Bank, National Association (64)
- 504 approvals recorded228
- 504 gross approval dollars$205.6 m
- Average 504 approval$901,732
- Median 504 approval$518,000
- Distinct CDCs active5
- 504 jobs per approval8.5
- 504 jobs per million dollars approved9.5
- Most active CDCFlorida Business Development Corporation (133)
- 7(a) share of SBA approvals72.9 percent
- Combined SBA approval dollars$534.0 m
The average approval of $536,552 sits well above the median of $250,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 19.6 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Pasco County
Do SBA loans in Pasco County get paid back
- Loans with a final outcome recorded102
- Paid in full91
- Charged off11
- Charge off rate on resolved loans10.8 percent
- Status: Exempt from disclosure380
- Status: Cancelled95
- Status: Charged off11
- Status: Paid in full91
- Status: Committed, not yet disbursed35
Of the 102 loans that have reached a final outcome, 10.8 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pasco County
Which parts of Pasco County get the lending
- Places in the county with recorded lending19
- Wesley Chapel, approvals139
- NEW PORT RICHEY, approvals94
- LAND O LAKES, approvals71
- ODESSA, approvals44
- Port Richey, approvals44
- LUTZ, approvals43
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Wesley Chapel | 139 | $56,138,700 |
| NEW PORT RICHEY | 94 | $59,069,000 |
| LAND O LAKES | 71 | $39,035,500 |
| ODESSA | 44 | $27,820,400 |
| Port Richey | 44 | $34,055,300 |
| LUTZ | 43 | $23,225,700 |
| HOLIDAY | 34 | $18,080,200 |
| Dade City | 33 | $19,541,100 |
Wesley Chapel accounts for 139 approvals against 94 in NEW PORT RICHEY. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pasco County
How big is Pasco County
- Land area747 sq mi
- Rank by land area among Florida counties30th of 67
- Width, east to west45.7 mi
- Height, north to south21.2 mi
- Geographies sharing a boundary5
- Residents per square mile of land819
- Establishments per square mile16.03
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Pasco County
What hazards affect Pasco County
- EPA radon zone predicted average indoor radon screening level less than 2 pCi/LZone 3
- Communities in the NFIP Community Status Book7
- Of those, participating in the NFIP7
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class3
The EPA places the county in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The best Community Rating System class in the county is 5, which carries a flood insurance premium discount for properties in the participating community.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Pasco County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Pasco County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population611,444
- Households236,163
- Average household size2.59
- Median household income$70,492
- Median age43.4
Common questions
Pasco County questions, answered from the record.
How many people live in Pasco County, Florida?
611,444, in 236,163 households, ranking 11th of 67 Florida counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Pasco County growing?
The population has grown 17.30 percent since the 2020 census base. In 2024 there were 5,643 births against 7,177 deaths, with net migration of 24,669. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Pasco County?
$70,492. The median owner-occupied home is valued at $300,900, which is 4.3 times income, and median gross rent is $1,505 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Pasco County?
11,975 establishments, employing 123,042 people with an annual payroll of $5.76 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Pasco County?
Average annual pay is $55,908, or $1,075 a week, across 145,102 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Pasco County?
612 7(a) approvals totalling $328.4 m since FY2020, across 104 lenders, with a median approval of $250,000, plus 228 504 approvals worth $205.6 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Pasco County get paid back?
Of the 102 loans that have reached a final outcome, 91 were paid in full and 11 charged off, a charge off rate of 10.8 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Pasco County?
6,765 housing units were authorised by permit in 2024, with a declared construction value of $1.81 bn. Multifamily was 19.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Pasco County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Pasco County come from?
The largest single origin is Pasco County Non-migrants, with 212,821 households. Arriving households report an average income of $76,334 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Pasco County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Pasco County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.