Cost of Living in Sarasota, FL
Population: 56,218 • 2026 Data
$70,065
Median Household Income
-9% vs national
$1,514
Median Monthly Rent
+12% vs national
$409,700
Median Home Value
+21% vs national
3.6%
Unemployment Rate
Housing in Sarasota
The median home value in Sarasota, FL is $409,700. Monthly rent for a typical unit averages $1,514, while total monthly housing costs (including utilities and insurance) average $1,487.
Rent-to-income ratio: 25.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Sarasota, FL is $70,065. The unemployment rate stands at 3.6%, with a labor force of 26,267 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.