Sarasota, Florida 

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Economy in Sarasota, Florida

Sarasota has an unemployment rate of 4.4%. The US average is 5.2%.

Sarasota has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 41.6%, which is higher than the US average of 38.0%.

Tax Rates for Sarasota
- The Sales Tax Rate for Sarasota is 7.0%. The US average is 6.0%.
- The Income Tax Rate for Sarasota is 0.0%. The US average is 4.6%.

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

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  ECONOMYSarasota, FloridaUnited States
  Unemployment Rate4.4%5.2%
  Recent Job Growth3.0%1.6%
  Future Job Growth41.6%38.0%
  Sales Taxes7.0%6.0%
  Income Taxes00.046
  Income per Cap.$29,969$28,555
  Household Income$41,670$53,482
  Family Median Income$50,931$65,443
  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%
  Utilities00
  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
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    ZIP CODES IN SARASOTA, FLORIDA
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