What percentage of people rent in Sarasota Springs, FL?
20.1% (±4.4 points) of the occupied homes in Sarasota Springs, FL are rented (2020–2024 American Community Survey).
That is 971 renting households against 3,851 that own their home.
In Sarasota Springs, the share of households that rent went from 26.5% in 2015–2019 to 20.1% in 2020–2024 (−6.4 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 20.1% (±4.4 points)
- Renting households
- 971 (±223)
- Median renter income
- $69,696 (±$11,633)
Who rents and who owns in Sarasota Springs
| Sarasota Springs | Sarasota County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 20.1% (±4.4 points) | 23.3% (±0.7 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 971 (±223) | 49,428 (±1,490) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 3,851 (±322) | 162,776 (±1,864) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 3.0 (±0.6) | 2.1 (±0.1) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.2) | 2.1 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $69,696 (±$11,633) | $60,613 (±$2,413) | $53,617 (±$353) | $52,966 |
| Median owner household income | $102,121 (±$8,320) | $91,802 (±$1,340) | $88,144 (±$469) | $100,009 |
In Sarasota Springs, 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, Sarasota Springs ranks 16 of 28 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 562 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Sarasota Springs has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 26.5% (±3.6 points) | 20.1% (±4.4 points) | −6.4 percentage points | Measurable decrease |
| Median gross rent | $1,396 (±$55) | $2,137 (±$98) | +53.1% | Up after inflation |
| Median household income | $65,222 (±$4,847) | $95,688 (±$10,236) | +46.7% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Sarasota Springs
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Sarasota Springs | — | 20.1% (±4.4 points) | — |
| Bee Ridge | 1.7 mi | 18.5% (±4.5 points) | Not measurably different |
| Fruitville | 1.9 mi | 42.4% (±5.2 points) | Higher |
| South Gate Ridge | 2.1 mi | 34.1% (±8.5 points) | Higher |
| Southgate | 2.3 mi | 28.5% (±6.7 points) | Higher |
| Ridge Wood Heights | 2.7 mi | 23.1% (±6.6 points) | Not measurably different |
| Lake Sarasota | 2.8 mi | 29.0% (±9.8 points) | Not measurably different |
| Kensington Park | 3.5 mi | 21.5% (±7.5 points) | Not measurably different |
| The Meadows | 3.7 mi | 21.3% (±7.1 points) | Not measurably different |
Nearby places with a measurably higher figure: Fruitville, FL (42.4%), South Gate Ridge, FL (34.1%), Southgate, FL (28.5%).
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
| Rank | Place | Households that rent |
|---|---|---|
| 10 | Southgate | 28.5% (±6.7 points) |
| 11 | Palmer Ranch | 24.5% (±4.0 points) |
| 12 | South Sarasota | 23.6% (±5.7 points) |
| 13 | Ridge Wood Heights | 23.1% (±6.6 points) |
| 14 | Kensington Park | 21.5% (±7.5 points) |
| 15 | The Meadows | 21.3% (±7.1 points) |
| 16 | Sarasota Springs | 20.1% (±4.4 points) |
| 17 | Venice | 19.6% (±2.2 points) |
| 18 | North Port | 19.1% (±2.4 points) |
| 19 | Bee Ridge | 18.5% (±4.5 points) |
| 20 | Venice Gardens | 17.4% (±8.1 points) |
| 21 | South Venice | 16.7% (±3.4 points) |
| 22 | Osprey | 13.4% (±5.1 points) |
Showing 13 of 28 places in Sarasota County, ranked from highest to lowest.
Sarasota Springs 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 Sarasota Springs
How many renters are there in Sarasota Springs?
Sarasota Springs has an estimated 971 (±223) renting households, 20.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Sarasota Springs?
In Sarasota Springs, the share of households that rent went from 26.5% in 2015–2019 to 20.1% in 2020–2024 (−6.4 percentage points), a measurable decrease.
How big are renting households in Sarasota Springs?
A renting household in Sarasota Springs has 3.0 people on average, against 2.5 in an owned home.
How much do renters earn in Sarasota Springs?
The median renting household in Sarasota Springs, FL has an income of $69,696 (±$11,633) a year, against $102,121 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sarasota Springs CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Sarasota Springs CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Sarasota Springs CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Sarasota Springs CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Sarasota Springs 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 Sarasota Springs CDP, Florida (place:64325, 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.
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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- Housing data for every place in Florida