North Sarasota, FL is a great place to live. With the cost of a two bedroom rental being significantly lower than the national average at $1,370 per month, it is an affordable choice for those looking for a home. Additionally, the grocery cost index in North Sarasota is higher than the national average which provides shoppers with plenty of options when it comes to their budget. \nThe city is also home to many local businesses such as Sarasota Architecture Co, Venice Air Conditioning Repair, and Bay Area Pest Control just to name a few. There are also many points of interest such as Marie Selby Botanical Gardens, The Ringling Museum of Art and Lido Beach Park that make this area a great place to visit or live in. With so much to offer and such an affordable living cost compared to the national average, North Sarasota is definitely worth considering for those looking for a new home.
North Sarasota has an unemployment rate of 4.5%. The US average is 6.0%.
North Sarasota has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.
Tax Rates for North Sarasota
- The Sales Tax Rate for North Sarasota is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Sarasota is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for North Sarasota
- The average income of a North Sarasota resident is $20,497 a year. The US average is $37,638 a year.
- The Median household income of a North Sarasota resident is $42,326 a year. The US average is $69,021 a year.