Sarasota, FL Profile: Facts & Data

The City of Sarasota had a population of 57,158 as of July 1, 2024. Sarasota ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Sarasota is located at latitude 27.3364 and longitude -82.5307 in Sarasota County. The formal boundaries for the City of Sarasota encompass a land area of 14.68 sq. miles and a water area of 10.53 sq. miles. Sarasota County is in the Eastern time zone (GMT -5).

The City of Sarasota has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Sarasota is located within Sarasota CCD of Sarasota County.

Sarasota, FL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	57,158 (100%)
Population in Households	53,570 (93.7%)
Population in Families	35,437 (62.0%)
Population in Group Quarters¹	3,588 ( 6.3%)
Population Density	3,888
Diversity Index²	68


INCOME
Median Household Income	$76,889
Average Household Income	$116,672
% of Income for Mortgage⁴	48%
Per Capita Income	$54,519
Wealth Index⁵	125
Socioeconomic Status Index⁶	Moderate (49.5)

HOUSING
Total HU (Housing Units)	32,716 (100%)
Owner Occupied HU	15,078 (46.1%)
Renter Occupied HU	11,509 (35.2%)
Vacant Housing Units	6,129 (18.7%)
Median Home Value	$591,853
Average Home Value	$818,476
Housing Affordability Index³	52

HOUSEHOLDS
Total Households	26,587
Average Household Size	2.01
Family Households	12,933
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Sarasota, FL - Peer Comparisons by Rank and Percentile

The table below compares Sarasota to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.98%	0.95%
Households	1.32%	1.15%
Families		0.74%
Median Household Income		2.84%
Per Capita Income		3.12%
Owner Occupied HU		1.68%

Variable Description	Rank	Percentile
Total Population	# 71	93rd
Population Density	# 190	80th
Median Household Income	# 393	59th
Housing Affordability Index	# 117	12th
Per Capita Income	# 211	78th
Diversity Index	# 329	66th

Sarasota, FL Profile: Facts & Data

Sarasota, Florida - Basic Facts

Sarasota, FL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Sarasota, FL - Peer Comparisons by Rank and Percentile

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