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Sarasota County, FL

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
104
4% above the U.S. average
Median home value
$373,100
national $303,400
Home prices, 5 years
+75.9%
over the 5 years to 2023
Monthly rent
$1,715
national $1,348
Homeownership
76%
national 65%
Unemployment
3.1%
national 3.6%
Household income
$80,633
national $78,538
Median age
57.3 yrs
national 38.7

Cost of living is the metro-area price level for North Port-Bradenton-Sarasota, FL.

The cost of living runs about 4% above the national average. The median home is valued at $373,100 (nominal). Home prices have risen about 76% over the five years to 2023. Median rent is about $1,715 a month. Unemployment averaged 3.1% in 2023 (national 3.6%). Median household income is $80,633. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Sarasota County, FL saw a net gain of 1,777 tax-filing households and a net gain of 4,764 individuals. Against a population of about 469,013, that is a net inflow of about 10 per 1,000 residents. On net, the area gained $1.1B in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 2,429 households, came from Manatee County; the largest outflow, about 3,150 households, went to Manatee County. In the prior (2022) filing year, the area saw a net gain of 11,167 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$1.1B
nominal dollars
Net households
+1,777
tax returns
Net people
+4,764
exemptions

+10.2 net people per 1,000 residents (population 469,013)

Income (AGI) in and out

Moved in$2.6B
Moved out$1.4B
Net +$1.1B (nominal)
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Sarasota County within Florida

Sarasota County is outlined, with arrows tracing its largest moves to and from other Florida counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
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Where movers came from

  1. 1Manatee County, FL2,429$244.8M
  2. 2Charlotte County, FL1,268$81.3M
  3. 3Lee County, FL483$45.5M
  4. 4Hillsborough County, FL481$51.4M
  5. 5Pinellas County, FL327$39M
  6. 6Cook County, IL250$71.5M
  7. 7Miami-Dade County, FL239$20.1M
  8. 8Broward County, FL202$19.6M
  9. 9Orange County, FL192$16.4M
  10. 10Palm Beach County, FL171$27.4M
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Where movers went

  1. 1Manatee County, FL3,150$282.3M
  2. 2Charlotte County, FL1,408$83.7M
  3. 3Hillsborough County, FL638$50.8M
  4. 4Pinellas County, FL390$33M
  5. 5Lee County, FL299$18.6M
  6. 6Orange County, FL198$14.5M
  7. 7Cook County, IL131$14.4M
  8. 8Miami-Dade County, FL123$18.8M
  9. 9New York County, NY119$26.5M
  10. 10Broward County, FL118$9.1M
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Manatee County, FL2,4293,150-721-$37.6M
Charlotte County, FL1,2681,408-140-$2.5M
Hillsborough County, FL481638-157+$658K
Lee County, FL483299+184+$26.8M
Pinellas County, FL327390-63+$6.1M
Orange County, FL192198-6+$2M
Cook County, IL250131+119+$57M
Miami-Dade County, FL239123+116+$1.2M
Broward County, FL202118+84+$10.5M
Palm Beach County, FL171114+57+$10.2M
New York County, NY102119-17+$2.1M
Collier County, FL14368+75+$16.2M

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: +$14.3B (+101,291 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$483.9M+4,723
2013+$627M+4,807
2014+$689.3M+6,974
2015+$778.9M+4,827
2016+$1B+7,944
2017+$966.4M+10,219
2018+$1.1B+8,541
2019+$992.9M+8,675
2020+$1.6B+12,241
2021+$2.2B+16,409
2022+$2.6B+11,167
2023+$1.1B+4,764
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 4,764 more people moved into Sarasota County, FL than left (counting tax filers and their dependents) — a net gain of about $1.1B in income (nominal) — in a county of 472,211 people.

Population
472,211
Census 2023 estimate
Net migration rate
+10.1
net people per 1,000 residents
A town of 10,000 would net about +101 people.
Net income per resident
+$2,433
nominal dollars
+$1.1B total across 472,211 residents.

The rate lets you compare Sarasota County, FL with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+2,935
Deaths
-6,567
Net domestic migration
+8,317
Net international migration
+3,100
Total change
+7,914

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Sarasota County, FL run about 4% above the national average. In plain terms: $100 spent here buys about what $96 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$89,653
what people here earn (BEA 2023, nominal)
28% above the U.S. average
Price level
104.2
100 = U.S. average prices (BEA price parity)
everyday costs about 4.2% higher than average
What that income buys
$86,022
local income restated at U.S.-average prices
23% above the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

Cost of living shown for the North Port-Bradenton-Sarasota, FL metro area (BEA publishes price parities by metro, not by county).

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents137.8
Goods96.3
Utilities91.0
Other services99.8

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Sarasota County, FL

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
57.3
years
Median household income
$80,633
per household (ACS 2019–2023, nominal)
3% above the U.S. median
College degree
40%
adults 25+ with a bachelor's or higher
Poverty rate
8.2%
residents below the poverty line
Average commute
24 min
mean travel time to work
Broadband at home
92%
households with any broadband
Race and ethnicity (share of residents)
White 81%Hispanic 10%Black 4%Asian 2%Other 3%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$373,100
owner-occupied homes
23% above the U.S. median
Median rent
$1,715
gross rent per month
27% above the U.S. median
Homeownership
76%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+5.8%
price change, 2022 to 2023
Past 5 years
+76%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
7,822new housing units authorized in 2023
Single-family 57%Multifamily 43%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
3.1%
BLS 2023 annual average
Labor force
196,443
190,361 employed
Disaster declarations
1
major federal, 2023
most common: Hurricane

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
4.9%
April 2026 · ▲ 1.3 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Sarasota County, FL has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
2024112,668163,2191,979R +18.2277,866
2020120,110148,3702,095R +10.4270,575
201697,870124,4386,755R +11.6229,063
201295,119110,5041,857R +7.4207,480
2008102,686102,8971,770R +0.1207,353
200488,442104,6922,518R +8.3195,652
200072,85383,1004,989R +6.4160,942

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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