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CENSUS TRACT

Census Tract 27.31

Florida · Sarasota County · 5,068 residents · 7.521 sq mi
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26.0227.2027.3227.3327.3427.31
TRACT SHAPE · Sarasota County, FL
The short version

Census Tract 27.31 is wealthier than most US places, with a median household income of $101,747. The census tract has grown rapidly, with population up 59% since 2020. 53% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has risen by half since 2020, reaching $531,300. With a median age of 67.8, the population is older than the US median of 38.9.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 67.8
US median: 38.9
More educated
53% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
5,068
+59%since 2020
from 3,197 in 2020
2020 – 2024
Population density
674 / sq mi
+59%since 2020
from 425 / sq mi in 2020
US average: 281
Median age
67.8
+4%since 2020
from 65.1 in 2020
US average: 38.9
Population, 20202024
3K4K4K5K5K20202024Census Tract 27.31
20245K
20202024
Section 02

Income & economy

Median household income
$101,747
−6%inflation adjusted, since 2020
from $89,069 in 2020
US average: $82,259
2020 – 2024
Per capita income
$63,293
+16%since 2020
from $54,746 in 2020
US average: $44,673
Households earning $100K+
74.2%
−5.5 ptssince 2020
from 79.7% in 2020
US average: 53.3%
Poverty rate
2.5%
−0.6 ptssince 2020
from 3.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.334
+5%since 2020
from 0.319 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade32.2%
US avg: 6.9%
Other services9.6%
US avg: 6.7%
Public administration8%
US avg: 4.8%
Information5.3%
US avg: 10.8%
Arts, entertainment, food3.7%
US avg: 1.9%
Finance & insurance3.6%
US avg: 5.9%
Agriculture, forestry, fishing3.3%
US avg: 1.6%
Construction3.3%
US avg: 1.2%
Professional, scientific, technical2.8%
US avg: 5.1%
Transportation & warehousing1.6%
US avg: 2.2%
Retail trade1%
US avg: 9.9%
Education & health services0.8%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$531,300
+24%inflation adjusted, since 2020
from $353,900 in 2020
US average: $376,019
2020 – 2024
Owner-occupied
97.2%
+0.9 ptssince 2020
from 96.3% in 2020
2.8% rent
Vacancy rate
17.5%
−6.6 ptssince 2020
from 24.1% in 2020
US average: 10.0%
Owner cost-burdened
27.7%
+10.1 ptssince 2020
from 17.7% in 2020
US average: 22.9%
Renter cost-burdened
73.1%
−26.9 ptssince 2020
from 100.0% in 2020
US average: 47.4%
Afford Score
5.2
+31%since 2020
from 4.0 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 27.31 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic95.6%(3,057)
Black0%(0)
Hispanic / Latino1.6%(50)
Asian2.8%(90)
Other0%(0)
Diversity Score10.6%(338)
2024
White, non-Hispanic95.1%(4,822)
Black0%(0)
Hispanic / Latino1%(53)
Asian1.5%(77)
Other2.3%(116)
Diversity Score11.7%(595)
Diversity Score
12
+11%since 2020
from 11 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
53.2%
+8.0 ptssince 2020
from 45.3% in 2020
US average: 35.6%
High school or higher
92.6%
+4.2 ptssince 2020
from 88.4% in 2020
US average: 89.6%
Graduate degree
27.7%
+3.1 ptssince 2020
from 24.7% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
30.7 min
+17%since 2020
from 26.1 min in 2020
US average: 26.5
Drive alone to work
42.1%
−1.2 ptssince 2020
from 43.3% in 2020
US average: 68.9%
Carpooled to work
5.7%
+5.7 ptssince 2020
from 0.0% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
52.2%
−4.6 ptssince 2020
from 56.7% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
0.5%
+0.5 ptssince 2020
from 0.0% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.3%
−3.5 ptssince 2020
from 6.8% in 2020
US average: 5.2%
Labor force participation
24.3%
−1.2 ptssince 2020
from 25.5% in 2020
US average: 63.5%
Self-employed
3.0%
+1.0 ptssince 2020
from 2.0% in 2020
US average: 13.1%
Management & professional
42.7%
+16.2 ptssince 2020
from 26.5% in 2020
US average: 42.5%
Section 08

People & community

Male
45.4%
−3.4 ptssince 2020
from 48.8% in 2020
Female
54.6%
+3.4 ptssince 2020
from 51.2% in 2020
Foreign born
5.0%
−2.0 ptssince 2020
from 7.0% in 2020
US average: 14.1%
Veterans
8.9%
−1.7 ptssince 2020
from 10.6% in 2020
US average: 6.2%
With a disability
16.2%
+1.5 ptssince 2020
from 14.7% in 2020
US average: 13.3%
Uninsured
0.3%
−2.1 ptssince 2020
from 2.4% in 2020
US average: 8.4%
Broadband at home
97.6%
Unchangedsince 2020
from 97.6% in 2020
US average: 91.0%
English only at home
92.7%
+1.4 ptssince 2020
from 91.2% in 2020
US average: 77.7%
Spanish at home
0.0%
−0.6 ptssince 2020
from 0.6% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 5,068 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $101,747 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $531,300.

How educated are people in this census tract?

About 53.2% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 2.5% of people in this census tract 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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