What is the median household income in Palmer Ranch, FL?

Name: Income and affordability in Palmer Ranch, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median household income in Palmer Ranch, FL is $102,838 (±$11,687) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,794 a month would take about $71,800 a year at the common guideline of spending no more than 30% of income on rent.

Figures last updated on November 12, 2026.

Median household income: $102,838 (±$11,687)
Median renter income: $70,658 (±$5,278)
Income to afford median rent: about $71,800

Income in Palmer Ranch against Sarasota County, its state and the nation

Income, estimate (90% margin of error)
	Palmer Ranch	Sarasota County	Florida	United States
Median household income	$102,838 (±$11,687)	$83,416 (±$1,422)	$74,568 (±$284)	$80,734
Median renter household income	$70,658 (±$5,278)	$60,613 (±$2,413)	$53,617 (±$353)	$52,966
Median owner household income	$124,649 (±$15,689)	$91,802 (±$1,340)	$88,144 (±$469)	$100,009
Median gross rent	$1,794 (±$99)	$1,818 (±$31)	$1,669 (±$5)	$1,413

In Palmer Ranch, median household income is higher than in Sarasota County ($83,416).

It is also higher than in Florida ($74,568).

It is higher than the national figure ($80,734).

In Sarasota County, Palmer Ranch ranks 4 of 28 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 150 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 Palmer Ranch

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 $1,794 a month ($21,528 a year) needs an income of about $71,800 a year.

The median renting household in Palmer Ranch earns $70,658 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 Palmer Ranch

Nearest places with a published estimate, compared with Palmer Ranch
Place	Distance	Median household income	Compared with this place
Palmer Ranch	—	$102,838 (±$11,687)	—
Vamo	2.4 mi	$88,025 (±$18,758)	Not measurably different
Osprey	2.4 mi	$103,516 (±$8,378)	Not measurably different
Gulf Gate	3.7 mi	$61,379 (±$10,691)	Lower
Bee Ridge	4.3 mi	$75,906 (±$10,121)	Lower
South Gate Ridge	4.7 mi	$70,469 (±$13,750)	Lower
Laurel	4.9 mi	$92,340 (±$8,705)	Not measurably different
Lake Sarasota	5.2 mi	$92,429 (±$16,129)	Not measurably different
Ridge Wood Heights	5.3 mi	$69,894 (±$6,098)	Lower

Nearby places with a measurably lower figure: Gulf Gate, FL ($61,379), Bee Ridge, FL ($75,906), South Gate Ridge, FL ($70,469).

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
1	Old Miakka	$136,510 (±$12,132)
2	Siesta Key	$115,854 (±$13,671)
3	Osprey	$103,516 (±$8,378)
4	Palmer Ranch	$102,838 (±$11,687)
5	Sarasota Springs	$95,688 (±$10,236)
6	South Sarasota	$92,933 (±$15,635)
7	Lake Sarasota	$92,429 (±$16,129)
8	Laurel	$92,340 (±$8,705)
9	Kensington Park	$90,000 (±$19,059)
10	Vamo	$88,025 (±$18,758)

Showing 10 of 28 places in Sarasota County, ranked from highest to lowest.

Palmer Ranch 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 Palmer Ranch

What is the median household income in Palmer Ranch?

The median household income in Palmer Ranch is $102,838 (±$11,687) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Palmer Ranch?

About $71,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,794 a month.

What do renters earn in Palmer Ranch?

The median renting household in Palmer Ranch, FL earns $70,658 (±$5,278) a year.

Sources

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 Palmer Ranch CDP, Florida (place:54238, 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.

Request a Census API 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.