Southgate, FL

Full City Profile · Florida · Sarasota County County

4.2 /5.0
A Great
6,054 Population 3,604/sq mi density
$77,616 Median Income $45,577 per capita
$374,800 Home Value $408,978 Zillow
$1,586 Median Rent 39.5% income on rent
74°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A
Economy
4.3 / 5.0
$77,616 median income, 3.6% unemployment
B+
Affordability
4.0 / 5.0
$374,800 home value, $1,586/mo rent
A
Education
4.4 / 5.0
42.9% bachelor's degree or higher

Income Overview

Median Household Income
$77,616
3% above
US avg: $75,149
Per Capita Income
$45,577
17% above
US avg: $39,052
Unemployment Rate
3.6%
0% below
US avg: 3.6%
Poverty Rate
0.9%
93% below
US avg: 12.4%

Income Comparison: Southgate vs. U.S. Average

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

Median Household
US: $75,149
$77,616
103%
Per Capita
US: $39,052
$45,577
117%
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
24 min
14% below US avg (28 min)
Work From Home
12.2%
20% below US avg (15.2%)
Drive Alone
80.8%
10% above US avg (73.2%)
Public Transit
0.1%
98% below US avg (5.0%)
County GDP
$35,891M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 80.8%
Public Transit 0.1%
Work From Home 12.2%
Other 6.9%
Average commute time
24 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$77,616
Per Capita Income$45,577
IRS Avg Adjusted Gross Income$137,381
Avg Weekly Wage$1,253
County GDP$35,891M

Hardship Indicators

Unemployment Rate3.6%
Poverty Rate0.9%
Gini Coefficient0.501
Cost of Living Index103.4

Commute

Mean Commute24 minutes
Drive Alone80.8%
Public Transit0.1%
Work From Home12.2%

Businesses

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

Tax

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