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CITY · 2020 ACS

Lake Sarasota

Florida · 3,979 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 $84,112. Population has declined 11% since 2000. Median home value has more than doubled since 2000, reaching $237,800. Poverty is rare here, at 5.7% of residents. Households here earn about 46% more than the Florida median.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 39.8
US median: 38.8
Less educated
27% hold a bachelor's degree
US average: 33%
Less affordable
home values up 40%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,979
−11%since 2000
from 4,458 in 2000
2000 – 2024
Population density
5,948 / sq mi
−11%since 2000
from 6,664 / sq mi in 2000
US average: 280
Median age
39.8
+12%since 2000
from 35.5 in 2000
US average: 38.8
Population, 2000 – 2024
3K4K4K5K6K2000201020202024Lake Sarasota
20244K
2000201020202024
Section 02

Income & economy

Median household income
$84,112
+11%inflation adjusted, since 2000
from $50,375 in 2000
US average: $66,278
2000 – 2024
Per capita income
$30,615
+44%since 2000
from $21,199 in 2000
US average: $35,364
Households earning $100K+
54.1%
+15.5 ptssince 2009
from 38.7% in 2009
US average: 43.9%
Poverty rate
5.7%
+2.7 ptssince 2000
from 3.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Other services8.7%
US avg: 6.6%
Wholesale trade8.4%
US avg: 6.7%
Information6.3%
US avg: 11.1%
Transportation & warehousing4.5%
US avg: 2.5%
Public administration3.2%
US avg: 4.7%
Retail trade3%
US avg: 10%
Finance & insurance2.7%
US avg: 5.5%
Arts, entertainment, food1.9%
US avg: 2%
Professional, scientific, technical1.6%
US avg: 4.7%
Education & health services1.1%
US avg: 0.8%
Agriculture, forestry, fishing0.3%
US avg: 1.7%
Construction0.3%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$237,800
+40%inflation adjusted, since 2000
from $112,800 in 2000
US average: $265,253
2000 – 2024
Median gross rent
$1,595
+2%inflation adjusted, since 2000
from $1,036 in 2000
US average: $1,124
Owner-occupied
78.5%
−1.2 ptssince 2000
from 79.7% in 2000
21.5% rent
Afford Score
2.8
+26%since 2000
from 2.2 in 2000
2000 – 2024
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)
2020
White, non-Hispanic77.6%(3,088)
Black2.8%(112)
Hispanic / Latino13.7%(546)
Asian1.2%(48)
Other1.1%(45)
Diversity Score41.5%(1,649)
Diversity Score
41
+233%since 2000
from 12 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
26.6%
+4.5 ptssince 2000
from 22.0% in 2000
US average: 32.9%
High school or higher
90.4%
−0.1 ptssince 2000
from 90.4% in 2000
US average: 88.5%
Graduate degree
7.6%
+1.6 ptssince 2000
from 6.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
26.8 min
+79%since 2000
from 14.9 min in 2000
US average: 26.9
Drive alone to work
78.5%
−8.1 ptssince 2009
from 86.6% in 2009
US average: 75.1%
No vehicle available
3.7%
+3.0 ptssince 2009
from 0.6% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.6%
−6.8 ptssince 2011
from 10.4% in 2011
US average: 5.4%
Labor force participation
74.9%
−6.0 ptssince 2011
from 80.9% in 2011
US average: 63.4%
Management & professional
29.7%
−35.5 ptssince 2009
from 65.2% in 2009
US average: 39.3%
Section 08

People & community

Male
48.1%
−0.6 ptssince 2009
from 48.7% in 2009
Female
51.9%
+0.6 ptssince 2009
from 51.3% in 2009
Foreign born
7.9%
+1.9 ptssince 2009
from 6.0% in 2009
US average: 13.5%
Uninsured
16.3%
−59.2 ptssince 2013
from 75.5% in 2013
US average: 8.8%
Drill deeper

Places similar to Lake Sarasota

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Compare Lake Sarasota to nearby cities

LAKE SARASOTA VS
Bee Ridge
Income$75,906−10%
Home value$412,400+73%
Population10,334+187%
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LAKE SARASOTA VS
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Income$95,688+14%
Home value$349,100+47%
Population12,611+251%
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LAKE SARASOTA VS
Fruitville
Income$82,246−2%
Home value$412,500+73%
Population15,172+322%
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LAKE SARASOTA VS
Palmer Ranch
Income$102,838+22%
Home value$592,900+149%
Population16,867+369%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Sarasota, Florida?

Lake Sarasota, Florida has about 3,979 residents according to the 2020 American Community Survey.

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

The typical household in Lake Sarasota, Florida earns about $84,112 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 $237,800, and the typical rent is about $1,595 a month.

How educated are people in Lake Sarasota, Florida?

About 26.6% 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 5.7% 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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