Living in Siesta Key, Florida
Cost of living, income, home prices, rent and demographics of Siesta Key · Census data 2020–2024
Siesta Key has 5,525 residents with a median age of 66.3. The median household income is $115,854 (55% higher than the Florida median), the median home value is $985,800, the median rent is $3,501/month.
Siesta Key at a glance
- Population
- 5,525
- Median age
- 66.3State: 42.6
- Median household income
- $115,854State: $74,568
- Median home value
- $985,800State: $359,000
- Median rent
- $3,501/moState: $1,669
- Homeowners
- 92.6%
- Bachelor's degree or higher
- 67%
- Average commute
- 37 min
Is Siesta Key a good place to live?
Pros: Median household income 55% higher than the Florida median; unemployment of 4%; a poverty rate of 7.2%.
Cons: Home values 175% higher than the state median; an average commute of 37 minutes.
The weather is best in February–March and November–December.
Cost of living in Siesta Key
Housing is the biggest part of the cost of living. In Siesta Key the median home value is $985,800, 196% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 38.5% of household income. Homeowners with a mortgage pay $3,365 a month in housing costs.
Siesta Key median household income
The median household income in Siesta Key is $115,854 and the income per person is $117,535. 7.2% of residents live below the poverty line (Florida: 12.6%).
Housing in Siesta Key: homes for sale and rent
- Housing units
- 7,767
- Owner-occupied
- 92.6%
- Renter-occupied
- 7.4%
- Vacant
- 61.9%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 1.87
61.9% of homes are vacant most of the year, a sign that Siesta Key has many vacation and second homes.
Siesta Key demographics
- Population
- 5,525
- Median age
- 66.3
- Under 18
- 7.3%
- 65 and older
- 53.6%
- Households
- 2,959
- Foreign-born
- 10.7%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Siesta Key ›
Education in Siesta Key
67% of adults 25 and older in Siesta Key have a bachelor's degree or higher (Florida: 34.1%), and 31.1% have a graduate or professional degree.
Jobs and commute in Siesta Key
- Unemployment rate
- 4%State: 4.8%
- Average commute
- 37 minState: 28 min
- Work from home
- 40.3%
- Drive alone
- 47.5%
- Public transit
- 0.8%
- Walk to work
- 0%
- Homes with broadband
- 92.8%
Siesta Key vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Siesta Key | 5,525 | $115,854 | $985,800 | $3,501 |
| South Sarasota | 4,837 | $92,933 | $780,200 | $1,693 |
| Ridge Wood Heights | 5,366 | $69,894 | $370,700 | $1,587 |
| Gulf Gate | 7,998 | $61,379 | $357,500 | $1,768 |
| Southgate | 5,772 | $80,133 | $422,000 | $1,671 |
| South Gate Ridge | 5,310 | $70,469 | $444,800 | $1,612 |
| Sarasota | 56,970 | $72,105 | $463,000 | $1,684 |
| Pinecraft | 305 | $36,160 | $354,000 | $640 |
| Bee Ridge | 10,334 | $75,906 | $412,400 | $2,118 |
More for people moving to Siesta Key
Siesta Key ZIP code ›Weather and climate ›Living in Siesta Key: FAQ
What is the median household income in Siesta Key, FL?
The median household income in Siesta Key is $115,854, 55% 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 Siesta Key?
The median home value in Siesta Key is $985,800, compared with $359,000 in Florida.
How much is rent in Siesta Key?
The median gross rent in Siesta Key is $3,501 per month, about 38.5% of household income.
Is Siesta Key, FL a good place to live?
Pluses: median household income 55% higher than the Florida median; unemployment of 4%; a poverty rate of 7.2%. Minuses: home values 175% higher than the state median; an average commute of 37 minutes.
What is the median age in Siesta Key?
The median age in Siesta Key is 66.3 years (Florida: 42.6).
How long is the commute in Siesta Key?
The average commute to work in Siesta Key is 37 minutes; 40.3% of workers work from home.
What is the unemployment rate in Siesta Key?
The unemployment rate in Siesta Key is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Siesta Key?
67% of adults in Siesta Key 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.
Last updated: