Sarasota, Florida 

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Economy in Sarasota, Florida

Sarasota has an unemployment rate of 3.1%. The US average is 3.9%.

Sarasota has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.

Tax Rates for Sarasota
- The Sales Tax Rate for Sarasota is 7.0%. The US average is 7.3%.
- The Income Tax Rate for 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 Sarasota
- The average income of a Sarasota resident is $29,969 a year. The US average is $28,555 a year.
- The Median household income of a Sarasota resident is $41,670 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYSarasota, FloridaUnited States
  Unemployment Rate3.1%3.9%
  Recent Job Growth2.6%1.6%
  Future Job Growth44.6%33.5%
  Sales Taxes7.0%7.3%
  Income Tax0.0%4.6%
  Income per Cap.$34,185$31,177
  Household Income$45,073$57,652
  Family Median Income$60,074$70,850
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.2%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction6.4%6.2%
  Manufacturing3.2%10.4%
  Wholesale trade1.7%2.7%
  Retail trade11.6%11.6%
  Transportation and warehousing2.9%4.1%
  Utilities0.4%0.9%
  Information1.4%2.1%
  Finance and insurance3.2%4.7%
  Real estate, rental, leasing4.1%1.9%
  Professional, scientific, technical services8.1%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs7.1%4.3%
  Educational services7.9%9.3%
  Health care and social assistance16.3%13.8%
  Arts, entertainment, recreation3.5%2.2%
  Accommodation, food services13.7%7.4%
  Other services6.0%4.9%
  Public administration2.2%4.8%
ECONOMY MAP
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    Reviews for Sarasota    98 Reviews
    Why We Liked, But Left, Sunny Sarasota - 1/4/2019
    With white sandy beaches, a sunny climate and more cultural appeal than many other Floridian cities, Sarasota is a popular retirement destination- and with good reason.... Read More

    Start Your Review of Sarasota


    Pathetic place! - 11/29/2018
    In a word? Creepy! It’s really rundown, a downright scary place. I just can’t see the draw to this place! Jobs are non existent. Auto insurance is doubled from where I... Read More

    Chicagoland native that moved here 1 yr ago - 11/3/2018
    We moved from the Chicago suburbs to Sarasota a year ago in Aug. We settled into Gulf Gate Estates, which is an excellant family neighborhood, with excellant A rated... Read More


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    MAPS OF SARASOTA, FLORIDA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Sarasota,Florida Map
    ZIP CODES IN SARASOTA, FLORIDA
    34234 34237 34239 34236

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