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Palmer Ranch, FL

Full City Profile · Florida · Sarasota County County

3.7 /5.0
B+ Good
15,873 Population 2,116/sq mi density
$103,682 Median Income $69,204 per capita
$563,000 Home Value $661,648 Zillow
$1,819 Median Rent 29.8% income on rent
74°F Avg Temperature 330 sunny days/yr
187 Violent Crime/100K 1,852 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$103,682 median income, 0.8% unemployment
B+
Affordability
3.6 / 5.0
$563,000 home value, $1,819/mo rent
F
Safety
1.0 / 5.0
187 violent crimes/100K
A+
Education
5.0 / 5.0
55.1% bachelor's degree or higher

Income Overview

Median Household Income
$103,682
38% above
US avg: $75,149
Per Capita Income
$69,204
77% above
US avg: $39,052
Unemployment Rate
0.8%
78% below
US avg: 3.6%
Poverty Rate
3.6%
71% below
US avg: 12.4%

Income Comparison: Palmer Ranch vs. U.S. Average

Each bar shows Palmer Ranch’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$103,682
138%
Per Capita
US: $39,052
$69,204
177%
IRS Avg AGI
US: $72,000
$137,381
191%
Avg Weekly Wage
US: $1,432
$1,253
88%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,253
13% below US avg ($1,432)
Mean Commute Time
25 min
11% below US avg (28 min)
Work From Home
20.6%
36% above US avg (15.2%)
Drive Alone
73.3%
0% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$35,891M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 73.3%
Public Transit 0%
Work From Home 20.6%
Other 6.1%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
21,213
Restaurants
1,068
Healthcare
1,819
Retail
1,764
Manufacturing
370

Tax & Financial

IRS Avg Adjusted Gross Income
$137,381
91% above US avg ($72,000)
Avg Property Tax
$11,105
217% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$103,682
Per Capita Income$69,204
IRS Avg Adjusted Gross Income$137,381
Avg Weekly Wage$1,253
County GDP$35,891M

Hardship Indicators

Unemployment Rate0.8%
Poverty Rate3.6%
Gini Coefficient0.501
Cost of Living Index103.4

Commute

Mean Commute25 minutes
Drive Alone73.3%
Public Transit0.0%
Work From Home20.6%

Businesses

Total Establishments21,213
Restaurants1,068
Healthcare1,819
Retail1,764
Manufacturing370

Tax

IRS Avg AGI$137,381
Avg Property Tax$11,105