Living in South Gate Ridge, Florida
Cost of living, income, home prices, rent and demographics of South Gate Ridge · Census data 2020–2024
South Gate Ridge has 5,310 residents with a median age of 50.6. The median household income is $70,469 (5% lower than the Florida median), the median home value is $444,800, the median rent is $1,612/month.
South Gate Ridge at a glance
- Population
- 5,310
- Median age
- 50.6State: 42.6
- Median household income
- $70,469State: $74,568
- Median home value
- $444,800State: $359,000
- Median rent
- $1,612/moState: $1,669
- Homeowners
- 65.9%
- Bachelor's degree or higher
- 38.4%
- Average commute
- 21 min
Is South Gate Ridge a good place to live?
Pros: An average commute of 21 minutes; unemployment of 4.7%; a poverty rate of 7.5%.
Cons: Median household income 5% lower than the Florida median; home values 24% higher than the state median.
The weather is best in February–March and November–December.
Cost of living in South Gate Ridge
Housing is the biggest part of the cost of living. In South Gate Ridge the median home value is $444,800, 34% higher than the U.S. median. Renters pay a median of $1,612 per month, which is 35.6% of household income. Homeowners with a mortgage pay $2,195 a month in housing costs.
South Gate Ridge median household income
The median household income in South Gate Ridge is $70,469 and the income per person is $51,181. 7.5% of residents live below the poverty line (Florida: 12.6%).
Housing in South Gate Ridge: homes for sale and rent
- Housing units
- 2,756
- Owner-occupied
- 65.9%
- Renter-occupied
- 34.1%
- Vacant
- 13.7%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.20
South Gate Ridge demographics
- Population
- 5,310
- Median age
- 50.6
- Under 18
- 17.8%
- 65 and older
- 29.3%
- Households
- 2,379
- Foreign-born
- 18.5%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of South Gate Ridge ›
Education in South Gate Ridge
38.4% of adults 25 and older in South Gate Ridge have a bachelor's degree or higher (Florida: 34.1%), and 14.1% have a graduate or professional degree.
Jobs and commute in South Gate Ridge
- Unemployment rate
- 4.7%State: 4.8%
- Average commute
- 21 minState: 28 min
- Work from home
- 10.8%
- Drive alone
- 80%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 91.3%
South Gate Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| South Gate Ridge | 5,310 | $70,469 | $444,800 | $1,612 |
| Ridge Wood Heights | 5,366 | $69,894 | $370,700 | $1,587 |
| Bee Ridge | 10,334 | $75,906 | $412,400 | $2,118 |
| Southgate | 5,772 | $80,133 | $422,000 | $1,671 |
| Gulf Gate | 7,998 | $61,379 | $357,500 | $1,768 |
| Sarasota Springs | 12,611 | $95,688 | $349,100 | $2,137 |
| South Sarasota | 4,837 | $92,933 | $780,200 | $1,693 |
| Pinecraft | 305 | $36,160 | $354,000 | $640 |
| Siesta Key | 5,525 | $115,854 | $985,800 | $3,501 |
More for people moving to South Gate Ridge
South Gate Ridge ZIP code ›Weather and climate ›Living in South Gate Ridge: FAQ
What is the median household income in South Gate Ridge, FL?
The median household income in South Gate Ridge is $70,469, 5% lower 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 South Gate Ridge?
The median home value in South Gate Ridge is $444,800, compared with $359,000 in Florida.
How much is rent in South Gate Ridge?
The median gross rent in South Gate Ridge is $1,612 per month, about 35.6% of household income.
Is South Gate Ridge, FL a good place to live?
Pluses: an average commute of 21 minutes; unemployment of 4.7%; a poverty rate of 7.5%. Minuses: median household income 5% lower than the Florida median; home values 24% higher than the state median.
What is the median age in South Gate Ridge?
The median age in South Gate Ridge is 50.6 years (Florida: 42.6).
How long is the commute in South Gate Ridge?
The average commute to work in South Gate Ridge is 21 minutes; 10.8% of workers work from home.
What is the unemployment rate in South Gate Ridge?
The unemployment rate in South Gate Ridge is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is South Gate Ridge?
38.4% of adults in South Gate Ridge 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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