Sarasota, FL (34238) is a vibrant city with a population of around 56,550. It offers an ideal lifestyle for families and professionals alike, with its 2 bedroom rent averaging at $2,100 while the US average is $1,430. Despite a higher rental cost than the national average, Sarasota also has a grocery cost index of 108 versus 100 in the US. With an abundance of attractions like beaches and arts venues as well as major companies such as Sarasota Memorial Health Care Systems and Sun Hydraulics Corporation located in the area, it's no wonder why so many people choose to call this sunny city their home.
Sarasota (zip 34238) has an unemployment rate of 4.5%. The US average is 6.0%.
Sarasota (zip 34238) 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 (zip 34238)
- The Sales Tax Rate for Sarasota (zip 34238) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sarasota (zip 34238) 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 (zip 34238)
- The average income of a Sarasota (zip 34238) resident is $65,719 a year. The US average is $37,638 a year.
- The Median household income of a Sarasota (zip 34238) resident is $85,881 a year. The US average is $69,021 a year.