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CITY

Lake Sarasota

Florida · 3,595 residents · 0.669 sq mi
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The short version

Lake Sarasota is wealthier than most US places, with a median household income of $92,429. Population has fallen 19% since 2000, a loss of 863 residents. Median home value has roughly tripled since 2000, reaching $381,000. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 36.8
US median: 38.9
Less educated
24% hold a bachelor's degree
US average: 36%
Less affordable
home values up 85%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,595
−19%since 2000
from 4,458 in 2000
2000 – 2024
Population density
5,374 / sq mi
−19%since 2000
from 6,664 / sq mi in 2000
US average: 281
Median age
36.8
+4%since 2000
from 35.5 in 2000
US average: 38.9
Population, 2000 – 2024
3K4K4K5K6K2000201020202024Lake Sarasota
20244K
2000201020202024
Section 02

Income & economy

Median household income
$92,429
+1%inflation adjusted, since 2000
from $50,375 in 2000
US average: $82,259
2000 – 2024
Per capita income
$40,683
+92%since 2000
from $21,199 in 2000
US average: $44,673
Households earning $100K+
65.6%
+26.9 ptssince 2009
from 38.7% in 2009
US average: 53.3%
Poverty rate
10.0%
+7.0 ptssince 2000
from 3.0% in 2000
US average: 12.5%
Income inequality (Gini)
0.407
+10%since 2010
from 0.369 in 2010
US average: 0.476
Workforce by industry, 2024
Wholesale trade11.2%
US avg: 6.9%
Information10.8%
US avg: 10.8%
Other services7.9%
US avg: 6.7%
Retail trade7.2%
US avg: 9.9%
Public administration3.3%
US avg: 4.8%
Arts, entertainment, food2.1%
US avg: 1.9%
Transportation & warehousing1.7%
US avg: 2.2%
Finance & insurance0.8%
US avg: 5.9%
Professional, scientific, technical0.5%
US avg: 5.1%
Education & health services0.2%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$381,000
+85%inflation adjusted, since 2000
from $112,800 in 2000
US average: $376,019
2000 – 2024
Median gross rent
$1,986
+5%inflation adjusted, since 2000
from $1,036 in 2000
US average: $1,442
Owner-occupied
71.0%
−8.8 ptssince 2000
from 79.7% in 2000
29.0% rent
Vacancy rate
1.9%
−5.7 ptssince 2009
from 7.6% in 2009
US average: 10.0%
Owner cost-burdened
21.3%
−25.6 ptssince 2009
from 46.8% in 2009
US average: 22.9%
Renter cost-burdened
27.6%
−33.4 ptssince 2009
from 61.0% in 2009
US average: 47.4%
Afford Score
4.1
+84%since 2000
from 2.2 in 2000
2000 – 2024
Gentrification Score
45
RELATED:See current rent listings in Lake Sarasota on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.5%(4,167)
Black0.8%(34)
Hispanic / Latino4.1%(181)
Asian0.3%(14)
Other0%
Diversity Score12.5%(556)
2024
White, non-Hispanic86.8%(3,120)
Black1.4%(51)
Hispanic / Latino7.2%(259)
Asian1.1%(40)
Other3.5%(125)
Diversity Score30%(1,079)
Diversity Score
30
+141%since 2000
from 12 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
24.2%
+2.2 ptssince 2000
from 22.0% in 2000
US average: 35.6%
High school or higher
91.0%
+0.6 ptssince 2000
from 90.4% in 2000
US average: 89.6%
Graduate degree
4.8%
−1.1 ptssince 2000
from 6.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.6 min
+65%since 2000
from 14.9 min in 2000
US average: 26.5
Drive alone to work
81.0%
−5.5 ptssince 2009
from 86.6% in 2009
US average: 68.9%
Carpooled to work
14.6%
+6.9 ptssince 2009
from 7.7% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
4.4%
+0.4 ptssince 2009
from 3.9% in 2009
US average: 15.0%
Walked to work
0.0%
−0.4 ptssince 2009
from 0.4% in 2009
US average: 2.4%
Biked to work
0.0%
−0.4 ptssince 2009
from 0.4% in 2009
US average: 0.4%
No vehicle available
0.9%
+0.3 ptssince 2009
from 0.6% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.0%
−7.4 ptssince 2011
from 10.4% in 2011
US average: 5.2%
Labor force participation
73.9%
−7.0 ptssince 2011
from 80.9% in 2011
US average: 63.5%
Self-employed
8.7%
−4.7 ptssince 2009
from 13.4% in 2009
US average: 13.1%
Management & professional
36.2%
−29.0 ptssince 2009
from 65.2% in 2009
US average: 42.5%
Section 08

People & community

Male
48.4%
−0.3 ptssince 2009
from 48.7% in 2009
Female
51.6%
+0.3 ptssince 2009
from 51.3% in 2009
Foreign born
8.5%
+2.5 ptssince 2009
from 6.0% in 2009
US average: 14.1%
Veterans
5.1%
−43.8 ptssince 2009
from 48.8% in 2009
US average: 6.2%
With a disability
10.1%
+0.6 ptssince 2012
from 9.5% in 2012
US average: 13.3%
Uninsured
12.6%
−62.9 ptssince 2013
from 75.5% in 2013
US average: 8.4%
Broadband at home
96.8%
+6.3 ptssince 2017
from 90.5% in 2017
US average: 91.0%
English only at home
90.2%
+5.2 ptssince 2016
from 85.0% in 2016
US average: 77.7%
Spanish at home
5.5%
−1.0 ptssince 2016
from 6.5% in 2016
US average: 13.6%
Drill deeper

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Compare Lake Sarasota to nearby cities

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LAKE SARASOTA VS
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LAKE SARASOTA VS
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LAKE SARASOTA VS
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Home value$592,900+56%
Population16,867+369%
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Frequently asked

How many people live in Lake Sarasota, Florida?

Lake Sarasota, Florida has about 3,595 residents according to the 2024 American Community Survey.

What is the median household income in Lake Sarasota, Florida?

The typical household in Lake Sarasota, Florida earns about $92,429 a year. Half of households make more than that, and half make less.

Is Lake Sarasota, Florida expensive?

In Lake Sarasota, Florida, the median home is worth about $381,000, and the typical rent is about $1,986 a month.

How educated are people in Lake Sarasota, Florida?

About 24.2% of adults age 25 and over in Lake Sarasota, Florida hold a bachelor's degree or higher.

What is the poverty rate in Lake Sarasota, Florida?

About 10.0% of people in Lake Sarasota, Florida live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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