Living in Sarasota Springs, Florida
Cost of living, income, home prices, rent and demographics of Sarasota Springs · Census data 2020–2024
Sarasota Springs has 12,611 residents with a median age of 40.5. The median household income is $95,688 (28% higher than the Florida median), the median home value is $349,100, the median rent is $2,137/month.
Sarasota Springs at a glance
- Population
- 12,611
- Median age
- 40.5State: 42.6
- Median household income
- $95,688State: $74,568
- Median home value
- $349,100State: $359,000
- Median rent
- $2,137/moState: $1,669
- Homeowners
- 79.9%
- Bachelor's degree or higher
- 29.4%
- Average commute
- 23 min
Is Sarasota Springs a good place to live?
Pros: Median household income 28% higher than the Florida median; home values about the same as the state median; an average commute of 23 minutes; unemployment of 3.2%.
Cons: A poverty rate of 12.7%.
The weather is best in February–March and November–December.
Cost of living in Sarasota Springs
Housing is the biggest part of the cost of living. In Sarasota Springs the median home value is $349,100, 5% higher than the U.S. median. Renters pay a median of $2,137 per month, which is 36.2% of household income. Homeowners with a mortgage pay $1,566 a month in housing costs.
Sarasota Springs median household income
The median household income in Sarasota Springs is $95,688 and the income per person is $46,898. 12.7% of residents live below the poverty line (Florida: 12.6%).
Housing in Sarasota Springs: homes for sale and rent
- Housing units
- 5,288
- Owner-occupied
- 79.9%
- Renter-occupied
- 20.1%
- Vacant
- 8.8%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.62
Sarasota Springs demographics
- Population
- 12,611
- Median age
- 40.5
- Under 18
- 21.5%
- 65 and older
- 17.8%
- Households
- 4,822
- Foreign-born
- 11.2%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Sarasota Springs ›
Education in Sarasota Springs
29.4% of adults 25 and older in Sarasota Springs have a bachelor's degree or higher (Florida: 34.1%), and 10.6% have a graduate or professional degree.
Jobs and commute in Sarasota Springs
- Unemployment rate
- 3.2%State: 4.8%
- Average commute
- 23 minState: 28 min
- Work from home
- 13.6%
- Drive alone
- 73.9%
- Public transit
- 0.1%
- Walk to work
- 0.7%
- Homes with broadband
- 95.5%
Sarasota Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sarasota Springs | 12,611 | $95,688 | $349,100 | $2,137 |
| Bee Ridge | 10,334 | $75,906 | $412,400 | $2,118 |
| Pinecraft | 305 | $36,160 | $354,000 | $640 |
| Fruitville | 15,172 | $82,246 | $412,500 | $1,977 |
| South Gate Ridge | 5,310 | $70,469 | $444,800 | $1,612 |
| Southgate | 5,772 | $80,133 | $422,000 | $1,671 |
| Ridge Wood Heights | 5,366 | $69,894 | $370,700 | $1,587 |
| Lake Sarasota | 3,595 | $92,429 | $381,000 | $1,986 |
| Kensington Park | 3,916 | $90,000 | $328,600 | $972 |
More for people moving to Sarasota Springs
Sarasota Springs ZIP code ›Weather and climate ›Living in Sarasota Springs: FAQ
What is the median household income in Sarasota Springs, FL?
The median household income in Sarasota Springs is $95,688, 28% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Sarasota Springs?
The median home value in Sarasota Springs is $349,100, compared with $359,000 in Florida.
How much is rent in Sarasota Springs?
The median gross rent in Sarasota Springs is $2,137 per month, about 36.2% of household income.
Is Sarasota Springs, FL a good place to live?
Pluses: median household income 28% higher than the Florida median; home values about the same as the state median; an average commute of 23 minutes; unemployment of 3.2%. Minuses: a poverty rate of 12.7%.
What is the median age in Sarasota Springs?
The median age in Sarasota Springs is 40.5 years (Florida: 42.6).
How long is the commute in Sarasota Springs?
The average commute to work in Sarasota Springs is 23 minutes; 13.6% of workers work from home.
What is the unemployment rate in Sarasota Springs?
The unemployment rate in Sarasota Springs is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sarasota Springs?
29.4% of adults in Sarasota Springs have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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