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Sarasota County, FL

RANK #995 / 996  ·  POP 439,392  ·  FL

PROJECTED GROWTH: -6.5%

Sarasota County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Sarasota County?

Sarasota County, Florida, is often recognized for Siesta Key Beach, frequently ranked among the best beaches in the U.S.. Located on Florida's Gulf Coast, about an hour south of Tampa, the county offers a blend of urban amenities and a relaxed, coastal atmosphere. Commuting within the county is facilitated by Breeze Transit, which includes bus routes and an on-demand rideshare service in zones like Downtown Sarasota/Lido Key/Longboat Key, Venice/Englewood, and North Port. The area boasts extensive outdoor recreation, including Myakka River State Park with its hiking trails and opportunities for kayaking and birding, as well as the 20-mile Legacy Trail for biking and walking.

Life in Sarasota County attracts a mix of retirees, remote workers, and families drawn to its quality of life. The Sarasota County Schools district has consistently received an "A" grade from the Florida Department of Education. The local economy is diversifying, with growth in sectors such as healthcare, technology, and manufacturing. Major investment is occurring in both commercial and residential development, supported by a growing workforce and an emphasis on innovation.

[02] Market Snapshot

Housing Ratio
5.3x

Above national median (4.7x)

GDP Growth
+3.7%

Above national median

Home Prices
-8.2%

Prices declining

Climate & Terrain
4.8

Favorable climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 5.3x relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Sarasota County U.S. National

The Numbers

DEMOGRAPHICS
Population
439,392
+2.34% YoY
Median Household Income
$77,213
Median Home Value
$338,500
-8.19% 12mo
Median Rent
$1,590
Average Annual Pay
$65,133
+5.0% YoY
Employment
190,078
+1.7% YoY
Income-to-Home-Value
0.2281
Near national average
Migration Inflow
2.79%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$410,000
Days on Market
69
Slower market
Months of Supply
5.6
Buyer's market
Sale-to-List Ratio
95.4%
Negotiation room for buyers
Sold Above List
5.3%
Listings w/ Price Drops
34.9%
Building Permits (2024)
7,466
Single-Family Permits
5,259

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$250M
TOTAL
PROJECT AMOUNT STATUS
Skye Ranch Master-Planned Community
Multiple builders (e.g., DiVosta, Neal Communities, M/I Homes, David Weekley, Kolter Homes)
$100M Under Construction
Sarasota County Enterprise Information Technology (EIT) and Data Facility
Sarasota County
$50M Under Construction
Wellen Park Golf & Country Club - Executive Homes
Wellen Park
$50M Under Construction
Lakespur Wellen Park
Wellen Park
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.7% 68 percentile
Population Growth +2.3% 91 percentile
Income Growth +11.1% 91 percentile
Vacancy Rate 1.2% 36 percentile
Rent Growth -3.2% 1 percentile
Price/Rent 13x 52 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Sarasota County, FL a good place to move to?

Sarasota County has a Boom Town Index score of 0/100, ranking #995 among 996 U.S. counties. With job growth at +1.7% and a median household income of $77,213, it faces some economic headwinds compared to faster-growing counties.

Is Sarasota County affordable?

The median home value in Sarasota County is $338,500 with median rent at $1,590/month. The income-to-home-value ratio is 0.2281, which is less affordable than the national average.

Is Sarasota County growing or shrinking?

Population growth: +2.3% year-over-year. Job growth: +1.7%. Home values changed -8.2% in the past 12 months.

Are people moving to Sarasota County?

Yes — 2.79% of Sarasota County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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