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Lake Sarasota CDP, Florida

City

Population: 3,802 (2023 estimate)

Located in Florida , Florida

Census Bureau data for Lake Sarasota CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Lake Sarasota CDP

What is the median household income in Lake Sarasota CDP?
The median household income in Lake Sarasota CDP is $98,689 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Lake Sarasota CDP?
The poverty rate in Lake Sarasota CDP is 10.3% (U.S. Census Bureau ACS 2023).
What is the median home value in Lake Sarasota CDP?
$337,700 (U.S. Census Bureau ACS 2023).
What is the average rent in Lake Sarasota CDP?
The median gross rent in Lake Sarasota CDP is $1,858 per month (U.S. Census Bureau ACS 2023).
What percentage of Lake Sarasota CDP residents have a college degree?
28.2% of adults in Lake Sarasota CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
3,802
Median Income
$98,689
Median Home Value
$337,700
Poverty Rate
10.3%
Unemployment (ACS 2023)
3.1%
Median Age
36.0 yrs
Since 2019 Median Income: +$17,608 (+21.7%) Home Value: +$103,600 (+44.3%) Poverty Rate: +5.1 pp (+98.1%) Bachelor's+: +0.1 pp (+0.4%) Unemployment: -1.9 pp (-38%)

Demographics

Total Population 3,802
Median Age 36.0
Female 52.5%
Race & Ethnicity
Hispanic or Latino 6.7% White (non-Hisp.) 89.5% Black 1.2% Asian 1.1% Two or More 6.0% Other 0.4%
Asian Subgroups (% of total pop.)
Filipino
0.6%
Korean
0.3%
Indian
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
1.8%
Cuban
0.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $98,689 ±$10,815
+$26,978 vs. state
Per Capita Income $102,518
Median Family Income $99,955
Poverty Rate 10.3%
+1.4 pp vs. state
Child Poverty Rate 9.9%
Working-Age Poverty Rate
SNAP Recipients 8.5%
Social Security Income
Retirement Income 13.5%
Household Income Distribution
< $10k
1.5%
$10–15k
1.4%
$15–25k
7.4%
$25–35k
3.5%
$35–50k
6.2%
$50–75k
9.4%
$75–100k
22.2%
$100–150k
31.0%
$150–200k
7.5%
$200k+
9.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,379
Owner-Occupied 70.3%
Renter-Occupied 29.7%
Vacancy Rate 3.6%
Median Home Value $337,700
+$12,700 vs. state
Median Gross Rent $1,858
Owner Cost Burden (30%+) 14.8%
Renter Cost Burden (30%+) 29.5%
Home Value Distribution
< $50k
0.6%
$200–300k
31.2%
$300–500k
57.5%
$500k–$1M
5.2%
$1M+
1.2%
Gross Rent Distribution
< $500
2.9%
$500–1k
3.5%
$1–1.5k
11.4%
$1.5–2k
44.9%
$2–2.5k
27.9%
$2.5–3.5k
9.3%
Vehicle Availability
No vehicle
0.8%
1 vehicle
19.3%
2 vehicles
50.4%
3+
29.5%
Housing Type
Single-fam. det.
93.8%
Single-fam. att.
4.4%
2–4 units
1.7%
Housing Age
1970–1999
27.8%
2000–2009
11.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 91.1%
Bachelor's or Higher 28.2%
-5.0 pp vs. state
Graduate Degree 7.3%
Some College / Associate 15.6%
Less Than High School 2.1%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 75.0%
Unemployment Rate 3.1%
-1.7 pp vs. state
Work from Home 6.0%
Self-Employed 12.9%
Government Workers 6.1%
Private For-Profit 80.9%
Industry
Edu/Health
17.5%
Construction
14.6%
Prof. Services
14.3%
Retail
12.6%
Arts/Entmt.
11.3%
Finance
7.3%
Manufacturing
5.9%
Public Admin
3.4%
Wholesale
3.2%
Information
1.8%
Transportation
0.6%
Agriculture
0.3%
Occupation
Management
37.7%
Sales
21.4%
Food Prep
21.1%
Construction
12.2%
Production
7.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 27.3 min
Drove Alone 76.7%
Carpool 16.8%
Public Transit 0.5%
Work from Home 6.0%
Walked 0.0%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,329
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 55.0%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 21.3%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
9.7%
5–9
5.4%
10–14
3.7%
15–19
6.1%
20–24
5.4%
25–34
17.3%
35–44
12.2%
45–54
13.0%
55–64
4.3%
65–74
7.2%
75–84
11.1%
85+
4.0%
Under 18: 23.8% Working age (18–64): 76.2% 65 and over: 15.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 7.8%
Naturalized Citizen 56.9%
Speaks English Less Than Very Well 1.8%
Foreign-Born Origin
Latin America
38.4%
Europe
22.9%
Africa
22.6%
Asia
14.1%

Veterans & Disability

Veteran 7.0%
With a Disability 7.4%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 84.0%
Uninsured 16.0%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 96.5%
Has a Computer 98.0%
Same House 1 Year Ago 90.4%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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