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Economy, jobs and prices in Sarasota, Florida: official figures

The median household income in Sarasota was $72,105 a year in the 2020-2024 American Community Survey (in 2024 dollars), 307th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Florida median $74,568.

Median household income
$72,105
2020-2024
Unemployment rate (ACS)
3.6%
2020-2024
Mean travel time to work
20.7 min
2020-2024
Median gross rent (monthly)
$1,684
2020-2024
Median home value (owner-occupied)
$463,000
2020-2024
Homes occupied by their owners
57.5%
2020-2024
Households with a broadband subscription
90.2%
2020-2024

What is the per capita income in Sarasota?

Income per resident (per capita income) in Sarasota averaged $60,995 a year in 2020-2024, 105th highest of 823 US cities of 50,000 or more (US: $44,673; Florida: $42,609).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Sarasota?

Sarasota's Gini index of household income inequality was 0.583 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 2nd most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Sarasota, Florida?

3.6% of the civilian labor force in Sarasota was unemployed on average over 2020-2024 (944 people), 106th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Florida's 4.8%.

Source: U.S. Census Bureau · saved copy

What share of people in Sarasota are working?

53.5% of Sarasota's 49,316 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 13th lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Sarasota have jobs?

25,427 residents of Sarasota held civilian jobs, 51.6% of those aged 16 and over (US: 59.7%); the survey counted no residents in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Sarasota?

The largest industry group for working residents of Sarasota was education, health care and social assistance (22.9% of employed residents), followed by arts, entertainment, recreation, accommodation and food services (15.1%) and professional, scientific, management and administrative services (13.4%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Sarasota work in manufacturing?

Manufacturing employed 5.2% of working residents of Sarasota, 95th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 13.4% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Sarasota, Florida?

Commuters in Sarasota took 20.7 minutes on average to get to work in 2020-2024, 188th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 2.8% travelled an hour or more and 25.0% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Sarasota get to work?

13.3% of workers living in Sarasota worked from home in 2020-2024, 398th lowest of 823 US cities of 50,000 or more (US: 15.1%). 71.5% drove to work alone, 9.6% carpooled, 1.0% used public transport and 2.3% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Sarasota, Florida?

The median gross rent (rent plus utilities) in Sarasota was $1,684 a month in 2020-2024, 351st highest of 823 US cities of 50,000 or more (US: $1,413; Florida: $1,669).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Sarasota?

Owner-occupied homes in Sarasota had a median value of $463,000 in 2020-2024 as estimated by their owners, 303rd highest of 823 US cities of 50,000 or more (US: $332,700; Florida: $359,000).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Sarasota?

The median home value in Sarasota was 6.4 times the median household income, 169th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Sarasota, Florida own their home?

57.5% of the 25,751 occupied homes in Sarasota were lived in by their owners in 2020-2024 and 10,952 were rented, 397th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Florida: 67.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Sarasota have broadband?

90.2% of households in Sarasota had a broadband internet subscription of some type in 2020-2024, 217th lowest of 823 US cities of 50,000 or more (US: 91.0%; Florida: 91.6%).

Source: U.S. Census Bureau · saved copy

How many households in Sarasota have no internet?

5.7% of households in Sarasota (1,466) had no internet access at home in 2020-2024, 318th highest of 823 US cities of 50,000 or more (US: 6.5%); 11.6% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Sarasota compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Sarasota ranks 517 of 823, highest first.

RankCityMedian household income (2024 dollars)
514Coeur d'Alene$72,338
515Orlando$72,336
516Hesperia$72,160
517Sarasota$72,105
518Waukegan$71,919
519Lincoln$71,867
520West New York$71,729
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Sarasota ranks 105 of 823, highest first.

RankCityPer capita income (2024 dollars)
102Norwalk$61,397
103Westfield$61,257
104Huntersville$61,224
105Sarasota$60,995
106Petaluma$60,931
107Lake Forest$60,633
108Overland Park$60,602
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Sarasota ranks 2 of 823, highest first.

RankCityGini index of household income inequality
1Miami Beach0.610
2Sarasota0.583
3Bloomington0.565
4Champaign0.562
5Boulder0.561
6Baton Rouge0.561
7Boca Raton0.559
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Sarasota ranks 718 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
715Cedar Rapids3.6%
716Livermore3.6%
717Manhattan3.6%
718Sarasota3.6%
719Overland Park3.6%
720Avondale3.6%
721Lafayette3.6%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Sarasota ranks 811 of 823, highest first.

RankCityLabor force participation rate (16 and over)
808North Port54.2%
809Detroit54.1%
810Fort Pierce54.0%
811Sarasota53.5%
812Port Arthur53.3%
813Prescott Valley53.2%
814Apple Valley53.1%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Sarasota ranks 636 of 823, highest first.

RankCityMean travel time to work (minutes)
633Spokane Valley20.8
634Bellevue20.8
635High Point20.7
636Sarasota20.7
637Longview20.7
638Montgomery20.7
639Murray20.7
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Sarasota ranks 426 of 823, highest first.

RankCityWorkers who worked from home
423St. Cloud13.4%
424Tallahassee13.4%
425Normal13.4%
426Sarasota13.3%
427Greenville13.3%
428Louisville/Jefferson County metro government13.3%
429Cuyahoga Falls13.3%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Sarasota ranks 454 of 823, highest first.

RankCityWorkers commuting by public transportation
451Fort Wayne1.0%
452Greenville1.0%
453Stockton1.0%
454Sarasota1.0%
455Gilroy1.0%
456Rockford1.0%
457Perris1.0%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Sarasota ranks 729 of 823, highest first.

RankCityEmployed residents working in manufacturing
726Brookhaven5.2%
727Henderson5.2%
728Santa Monica5.2%
729Sarasota5.2%
730Ocala5.2%
731Smyrna5.1%
732Jupiter5.1%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Sarasota ranks 416 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
413Franklin22.9%
414Meridian22.9%
415Saratoga Springs22.9%
416Sarasota22.9%
417Minnetonka22.9%
418Lebanon22.9%
419Gilbert22.9%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Sarasota ranks 351 of 823, highest first.

RankCityMedian gross rent per month
348Burleson$1,685
349League City$1,684
350Lauderhill$1,684
351Sarasota$1,684
352St. Cloud$1,683
353Bayonne$1,682
354Beaumont$1,681
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Sarasota ranks 303 of 823, highest first.

RankCityMedian value of owner-occupied homes
300Oak Park$465,500
301Allen$464,100
302Peoria$463,600
303Sarasota$463,000
304Davie$462,900
305Miramar$462,700
306Vancouver$462,400
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Sarasota ranks 166 of 820, highest first.

RankCityMedian home value as a multiple of median household income
163New Rochelle6.4x
164Paterson6.4x
165Riverside6.4x
166Sarasota6.4x
167Corona6.4x
168Santee6.4x
169Millcreek6.4x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Sarasota ranks 427 of 823, highest first.

RankCityOccupied homes lived in by their owners
424Baldwin Park57.7%
425Jacksonville57.6%
426Peoria57.5%
427Sarasota57.5%
428Owensboro57.4%
429Vallejo57.4%
430Brockton57.4%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Sarasota ranks 607 of 823, highest first.

RankCityHouseholds with a broadband subscription
604Temple90.3%
605Yuma90.3%
606Lawton90.2%
607Sarasota90.2%
608Margate90.2%
609Mishawaka90.2%
610Daytona Beach90.2%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Sarasota ranks 318 of 823, highest first.

RankCityHouseholds with no internet access
315Duluth5.7%
316Methuen5.7%
317Cheyenne5.7%
318Sarasota5.7%
319Inglewood5.7%
320Boston5.7%
321Lebanon5.7%
Source: U.S. Census Bureau · saved copy

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Sources

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