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 decrease by -6.0% 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 $48,265 a year. The US average is $37,638 a year.
- The Median household income of a Sarasota County resident is $69,490 a year. The US average is $69,021 a year.