Sarasota Springs, FL is a vibrant city located on the Gulf Coast of Florida. It has an average 2 bedroom rent of $1,700, which is higher than the US average of $1,430. The Grocery Cost Index in Sarasota Springs is at 105 compared to 100 in the US showing that the cost of living here is slightly higher than the national average. Local companies include AAA Auto Repair, Suncoast Window Cleaning, and Olive Garden Restaurant. Sarasota Springs offers many amenities for its residents such as Samoset Park which features walking paths and picnic areas as well as plenty of shopping and dining options at Main Street Shopping Center.
Sarasota Springs has an unemployment rate of 4.5%. The US average is 6.0%.
Sarasota Springs 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 42.2%, which is higher than the US average of 33.5%.
Tax Rates for Sarasota Springs
- The Sales Tax Rate for Sarasota Springs is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sarasota Springs 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 Springs
- The average income of a Sarasota Springs resident is $27,821 a year. The US average is $28,555 a year.
- The Median household income of a Sarasota Springs resident is $78,695 a year. The US average is $69,021 a year.