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
  Population by Occupation