What percentage of people rent in Palmer Ranch, FL?

24.5% (±4.0 points) of the occupied homes in Palmer Ranch, FL are rented (2020–2024 American Community Survey).

That is 2,136 renting households against 6,597 that own their home.

Figures last updated on .

Households that rent
24.5% (±4.0 points)
Renting households
2,136 (±373)
Median renter income
$70,658 (±$5,278)

Who rents and who owns in Palmer Ranch

Tenure, estimate (90% margin of error)
Palmer RanchSarasota CountyFloridaUnited States
Renter-occupied share24.5% (±4.0 points)23.3% (±0.7 points)32.4% (±0.2 points)34.8%
Renting households2,136 (±373)49,428 (±1,490)2,834,163 (±17,461)45,017,354
Owning households6,597 (±633)162,776 (±1,864)5,918,647 (±31,594)84,210,142
Average renter household size1.8 (±0.2)2.1 (±0.1)2.5 (±0.0)2.3
Average owner household size1.9 (±0.1)2.1 (±0.0)2.5 (±0.0)2.6
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

In Palmer Ranch, the renter share is not measurably different from Sarasota County (23.3%).

It is also lower than in Florida (32.4%).

It is lower than the national figure (34.8%).

In Sarasota County, Palmer Ranch ranks 11 of 28 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 470 of 857.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Households that rent in places near Palmer Ranch

Nearest places with a published estimate, compared with Palmer Ranch
PlaceDistanceHouseholds that rentCompared with this place
Palmer Ranch—24.5% (±4.0 points)—
Vamo2.4 mi29.2% (±11.6 points)Not measurably different
Osprey2.4 mi13.4% (±5.1 points)Lower
Gulf Gate3.7 mi45.4% (±8.9 points)Higher
Bee Ridge4.3 mi18.5% (±4.5 points)Not measurably different
South Gate Ridge4.7 mi34.1% (±8.5 points)Higher
Laurel4.9 mi8.6% (±2.9 points)Lower
Lake Sarasota5.2 mi29.0% (±9.8 points)Not measurably different
Ridge Wood Heights5.3 mi23.1% (±6.6 points)Not measurably different

Nearby places with a measurably lower figure: Osprey, FL (13.4%), Laurel, FL (8.6%).

Nearby places with a measurably higher figure: Gulf Gate, FL (45.4%), South Gate Ridge, FL (34.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Sarasota County, place by place

RankPlaceHouseholds that rent
5South Gate Ridge34.1% (±8.5 points)
6Desoto Lakes33.5% (±15.6 points)
7Vamo29.2% (±11.6 points)
8Lake Sarasota29.0% (±9.8 points)
9Nokomis28.8% (±12.9 points)
10Southgate28.5% (±6.7 points)
11Palmer Ranch24.5% (±4.0 points)
12South Sarasota23.6% (±5.7 points)
13Ridge Wood Heights23.1% (±6.6 points)
14Kensington Park21.5% (±7.5 points)
15The Meadows21.3% (±7.1 points)
16Sarasota Springs20.1% (±4.4 points)
17Venice19.6% (±2.2 points)

Showing 13 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

How many renters are there in Palmer Ranch?

Palmer Ranch has an estimated 2,136 (±373) renting households, 24.5% of its occupied homes (2020–2024 American Community Survey).

How big are renting households in Palmer Ranch?

A renting household in Palmer Ranch has 1.8 people on average, against 1.9 in an owned home.

How much do renters earn in Palmer Ranch?

The median renting household in Palmer Ranch, FL has an income of $70,658 (±$5,278) a year, against $124,649 for households that own their home.

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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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