What is the median household income in Gulf Gate, FL?
The median household income in Gulf Gate, FL is $61,379 (±$10,691) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,768 a month would take about $70,700 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $61,379 (±$10,691)
- Median renter income
- $45,873 (±$21,503)
- Income to afford median rent
- about $70,700
Income in Gulf Gate against Sarasota County, its state and the nation
| Gulf Gate | Sarasota County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $61,379 (±$10,691) | $83,416 (±$1,422) | $74,568 (±$284) | $80,734 |
| Median renter household income | $45,873 (±$21,503) | $60,613 (±$2,413) | $53,617 (±$353) | $52,966 |
| Median owner household income | $67,011 (±$16,994) | $91,802 (±$1,340) | $88,144 (±$469) | $100,009 |
| Median gross rent | $1,768 (±$129) | $1,818 (±$31) | $1,669 (±$5) | $1,413 |
In Gulf Gate, median household income is lower than in Sarasota County ($83,416).
It is also lower than in Florida ($74,568).
It is lower than the national figure ($80,734).
In Sarasota County, Gulf Gate ranks 26 of 28 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 573 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Gulf Gate
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,768 a month ($21,216 a year) needs an income of about $70,700 a year.
The median renting household in Gulf Gate earns $45,873 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Median household income in places near Gulf Gate
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Gulf Gate | — | $61,379 (±$10,691) | — |
| South Gate Ridge | 2.0 mi | $70,469 (±$13,750) | Not measurably different |
| Ridge Wood Heights | 2.0 mi | $69,894 (±$6,098) | Not measurably different |
| South Sarasota | 2.5 mi | $92,933 (±$15,635) | Higher |
| Vamo | 2.6 mi | $88,025 (±$18,758) | Higher |
| Bee Ridge | 2.8 mi | $75,906 (±$10,121) | Not measurably different |
| Siesta Key | 2.8 mi | $115,854 (±$13,671) | Higher |
| Southgate | 3.3 mi | $80,133 (±$12,994) | Higher |
| Palmer Ranch | 3.7 mi | $102,838 (±$11,687) | Higher |
Nearby places with a measurably higher figure: South Sarasota, FL ($92,933), Vamo, FL ($88,025), Siesta Key, FL ($115,854).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Sarasota County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 20 | Sarasota | $72,105 (±$4,968) |
| 21 | Venice Gardens | $70,811 (±$17,838) |
| 22 | South Gate Ridge | $70,469 (±$13,750) |
| 23 | Ridge Wood Heights | $69,894 (±$6,098) |
| 24 | The Meadows | $69,774 (±$11,025) |
| 25 | Englewood | $69,222 (±$3,602) |
| 26 | Gulf Gate | $61,379 (±$10,691) |
| 27 | Warm Mineral Springs | $53,668 (±$9,766) |
| 28 | Nokomis | $41,916 (±$18,148) |
Showing 9 of 28 places in Sarasota County, ranked from highest to lowest.
Gulf Gate is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Gulf Gate
What is the median household income in Gulf Gate?
The median household income in Gulf Gate is $61,379 (±$10,691) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Gulf Gate?
About $70,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,768 a month.
What do renters earn in Gulf Gate?
The median renting household in Gulf Gate, FL earns $45,873 (±$21,503) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Gulf Gate CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Gulf Gate CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Gulf Gate CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Gulf Gate CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Gulf Gate CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Gulf Gate CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Gulf Gate CDP, Florida (place:28045, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Gulf Gate at a glance
- Median rent in Gulf Gate
- Rent by bedrooms in Gulf Gate
- Rent burden in Gulf Gate
- Renters and owners in Gulf Gate
- Home values in Gulf Gate
- Homeowner costs in Gulf Gate
- Property taxes in Gulf Gate
- Types of homes in Gulf Gate
- Bedrooms in Gulf Gate
- Age of homes in Gulf Gate
- Vacancy rate in Gulf Gate
- Heating fuel in Gulf Gate
- Commute and cars in Gulf Gate
- How long people stay in Gulf Gate
- Crowding and facilities in Gulf Gate
- Florida landlord and tenant rules
- Housing across Sarasota County
- Florida places ranked by median household income
- Housing data for every place in Florida