At a Glance
Median Income
$98,689
$41,044 per capita
Home Value
$337,700
Zillow: $661,648
Median Rent
$1,858/mo
25.2% of income on rent
Bachelor's Degree+
28.2%
91.1% high school+
Unemployment
3.1%
10.3% poverty rate
Obesity Rate
30.3%
12.5% smoking rate
How Lake Sarasota Compares to the U.S. Average
Each bar shows Lake Sarasota's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Lake Sarasota a Good Place to Live?
A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Lake Sarasota residents earn a median household income of $98,689 , which is 31% above the national average of $75,149.
Per capita income is $41,044. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). 10.3% of residents live below the poverty line. The area is home to 21,213 business establishments, including 1,068 restaurants.
Housing & Cost of Living
The median home value in Lake Sarasota is $337,700 , 20% above the national median of $281,900.
Zillow estimates the typical home at $661,648. Median rent is $1,858/month, with 25.2% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1985.
Education
28.2% of adults in Lake Sarasota hold a bachelor's degree or higher
(16% below the national average).
91.1% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Lake Sarasota has an average annual temperature of 74°F (23°C).
Winters average 62°F in January while summers reach 83°F in July. Annual precipitation totals 49.0 inches.
Data Overview
People
Population3,802
Median Age36.1 yrs
Density5,675/mi²
Male / Female48% / 53%
Foreign Born7.8%
Veterans7.0%
Economy
A+
Median Income$98,689
Per Capita$41,044
Unemployment3.1%
Poverty10.3%
County GDP$35,891M
Avg Weekly Wage$1,253
Housing
A+
Home Value$337,700
Rent$1,858
Ownership70.3%
Zillow$661,648
Housing Units1,340
Rent Burden25.2%
Health
Obesity30.3%
Diabetes8.4%
Smoking12.5%
Heart Disease5.0%
Premature Death8,416/100K
Climate
Avg Temp74°F
Rain49.0 in/yr
Elevation43 ft
Education
B
Bachelor's+28.2%
High School+91.1%
Graduate+7.6%
School Score6.4/10
Community
2024 VoteR 59% / D 41%
Commute27 min
Broadband96.5%
Internet Speed109 Mbps
EV Stations2
Libraries10
Did You Know?
The median home in Lake Sarasota was built in 1985.
The nearest airport is Sarasota/Bradenton International (10 miles).
The Gini coefficient (income inequality) is 0.501 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
7.4% of the population has a disability.
Average internet download speed is 109 Mbps.
There are 1,068 restaurants in the area.
The county recorded 52 fatal vehicle crashes.