Sarasota County, Florida
Sarasota County
Sarasota County is part of the Tampa Bay Region along withManatee, Polk, Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Sarasota County consists of the cities of Sarasota, Venice, and North Port, and the Town of Longboat Key. The county is home to over 375,000 people.
Top industries are education and health services, leisure and hospitality, retail trade, and professional and business services. Targeted sectors are clean technology/green business, film/entertainment, life sciences, light manufacturing, and sports/ ecotourism.
Sarasota County has three higher education facilities: New College of Florida, University of South Florida Sarasota-Manatee, and Ringling College of Art and Design. Public sector employers for Sarasota County include the School Board of Sarasota County, Sarasota County Government, and Sarasota Memorial Hospital. Main private employers are PGT Industries, Sun Hydraulics Corporation, Tervis, FCCI Insurance, and Protocol Communications.
At the south end of the county is North Port, a master-planned community that was incorporated in 1959. The 75-square-mile city is home to more than 50,000 people and growing. The city is primarily a bedroom community.
Home to just over 50,000, Sarasota is the county seat. Once the winter home of the famed Ringling Brothers Circus, two of the Ringling brothers invested in Sarasota, establishing a cultural scene stronger than what would be expected of a city its size. The economy is diversified, strong in healthcare and administrative services. Boar?s Head Provision Company is headquartered in the city.
Sarasota County Florida Cities
There are 7 cities in Sarasota County Florida. These are listed below. Click on a link for details.
Englewood, Laurel, Nokomis, North Port, Osprey, Sarasota, Venice,
Sarasota County has a population of approximately 386,147 people. The population increased 1.8% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida and a 1.7% increase for the country as a whole. Sarasota County is 555.87 square miles and had a population density of 682.6 Persons per square mile in 2010. This compared to 350.6 for Florida and 87.4 for the country.
There are 229,346 housing units in Sarasota County (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Sarasota County has a 76.2% homeownership rate compared to Florida's rate of 69.0%. Sarasota County's medium household income in 2011 was $49,212, which is higher than the medium income for Florida as a whole: $47,827.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
| Florida | 19,317,568 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
| Sarasota County | 386,147 | $9,371 | 1.8% | $49,212 | 229,346 | $213,400 |
11.0% of the population in Sarasota County lives below the poverty line, compared to 14.7% in Florida and 14.3% nationwide. Additional Information:
- Sarasota County Census Data
- University of Florida Bureau of Economic and Business Research - Sarasota County
Sarasota County Economic Activity
The U.S. Bureau of the Census, Economic , 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Sarasota County. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $9,371 million, Sarasota County's economic activity represents 1.49% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $1,367 | 14.6% |
| Merchant wholesaler sales | $1,560 | 16.7% |
| Retail sales | $5,599 | 59.8% |
| Accommodation and food services sales | $844 | 9.0% |
| Total | $9,371 | 100% |
Sarasota County Regional Comparisons
Sarasota County is located in the Tampa Bay Region. This region is responsible for 22.6% of Florida's economic activity. Sarasota County represents 6.6% of the region's economy.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Citrus County | 139,360 | $1,515 | -1.3% | $38,189 | 78,423 | $134,800 |
| Hernando County | 173,422 | $2,311 | 0.4% | $42,700 | 84,887 | $145,000 |
| Pasco County | 470,391 | $6,731 | 1.2% | $44,103 | 231,008 | $145,100 |
| Hillsborough County | 1,277,746 | $48,928 | 3.9% | $50,195 | 540,190 | $185,900 |
| Pinellas County | 921,319 | $37,192 | 0.5% | $45,891 | 504,146 | $172,900 |
| Polk County | 616,158 | $27,540 | 2.3% | $44,398 | 281,004 | $133,200 |
| Manatee County | 333,895 | $9,029 | 3.4% | $48,181 | 173,660 | $195,300 |
| Sarasota County | 386,147 | $9,371 | 1.8% | $49,212 | 229,346 | $213,400 |
| Total | 4,318,438 | $142,617 | 1.5% | $45,359 | 2,122,664 | $165,700 |
Sarasota Real Estate
There are 362,802 properties in Sarasota County. The following table shows a summary of them based on 2013 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Commercial Property | 0 | 0.00 | 247 | $450,000 | $186 | January 1st, 2013 | September 1st, 2013 |
| Residential Property | 0 | 0.00 | 11,213 | $141,000 | $90 | January 1st, 2013 | September 1st, 2013 |
Commercial Real Estate in Sarasota County, Florida
0( .00%) of the properties in Sarasota County are classified as Commercial. 247 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $315,833,571. The median sales price was $450,000. In 2013 the median sales price for A Class Commercial Property in Sarasota County was $1,882 per sq ft, B Class properties sold for $186/ft and C Class $62/ft.
Residential Real Estate in Sarasota County, Florida
0( .00%) of the properties in Sarasota County are classified as Residential. 11,213 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $2,516,166,672. The median sales price was $141,000. In 2013 the median sales price for A Class Residential Property in Sarasota County was $176 per sq ft, B Class properties sold for $90/ft and C Class $46/ft.
Additional Details:
Sarasota Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 642 | 1,092,195 |
| Government Property | 959 | 19,995,785 |
| Health Care | 43 | 3,808,201 |
| Hotel & Motel | 618 | 5,030,141 |
| Industrial | 3,529 | 37,026,404 |
| Land | 21,628 | 4,121,697 |
| Miscellaneous Property | 550 | 1,765,919 |
| Mobile/Manufactured | 21,396 | 24,462,020 |
| Multifamily | 8,322 | 35,223,940 |
| Office | 3,902 | 22,843,151 |
| Residential | 320,414 | 574,116,936 |
| Retail | 3,842 | 34,263,942 |
| Senior Housing | 115 | 10,466,477 |
| Special Purpose | 1,156 | 16,340,939 |
| Sports & Entertaining | 254 | 3,287,986 |