MyNeighborhood

Can you afford to live in SARASOTA?

Median household income, home values and rent in SARASOTA, FL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in SARASOTA.

Median household income: $79,375 — +48.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,833/mo — +44.0% since 2015

Median home value, 2015 to 2023

  • 2015: 219700
  • 2023: 370400

Median household income

  • SARASOTA: 79375
  • Sarasota County: 80633
  • FL: 71711
  • U.S.: 78538

Median gross rent

  • SARASOTA: 1833
  • Sarasota County: 1715
  • FL: 1564
  • U.S.: 1348

Share of income a typical renter spends on rent: 28.6% — U.S.: 30.2%

What it means

Households here earn about what households nationally earn ($79,375 versus $78,538).

The typical renter here spends 28.6% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+48.1% versus +44.0%), before adjusting for inflation.

Sources

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