Sarasota County, FL Economy


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Sarasota, FL County is a great place to live. It has a population of over 400,000 people and is home to some excellent local businesses. Some of these include the Sarasota Opera Company, which produces classical opera performances; the Florida Studio Theatre, which puts on innovative theatrical productions; and the Ringling Museum of Art, which showcases world-class art collections. Additionally, Sarasota boasts some of the most affordable housing in Florida with 2 bedroom rental costs averaging $1,590 compared to the national average of $1,430. Furthermore, grocery costs are 107% versus 100% in the US. All this makes Sarasota an attractive choice for those seeking a good quality of life.

Sarasota County has an unemployment rate of 4.5%. The US average is 6.0%.

Sarasota County 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 County
- The Sales Tax Rate for Sarasota County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sarasota County 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 County
- The average income of a Sarasota County resident is $33,300 a year. The US average is $28,555 a year.
- The Median household income of a Sarasota County resident is $69,490 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySarasota, FloridaUnited States
  4.56
  -6.0%-6.2%
  42.2%33.5%
  7.0%6.2%
  0.0%4.6%
  $48,265$37,638
  $69,490$69,021
  $85,617$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  8.8%6.8%
  5.4%10.0%
  2.0%2.5%
  13.3%11.0%
  3.4%4.8%
  0.8%0.8%
  1.4%1.9%
  4.1%4.7%
  3.5%1.9%
  7.8%7.6%
  0.1%0.1%
  5.6%4.2%
  5.9%9.3%
  15.9%14.0%
  2.8%2.1%
  9.1%7.0%
  6.6%4.8%
  2.9%4.7%
Health