What is the median household income in Southgate, FL?
The median household income in Southgate, FL is $80,133 (±$12,994) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,671 a month would take about $66,800 a year at the common guideline of spending no more than 30% of income on rent.
In Southgate, the median household income went from $58,663 in 2015–2019 to $80,133 in 2020–2024 (+36.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $80,133 (±$12,994)
- Median renter income
- $43,853 (±$3,752)
- Income to afford median rent
- about $66,800
Income in Southgate against Sarasota County, its state and the nation
| Southgate | Sarasota County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $80,133 (±$12,994) | $83,416 (±$1,422) | $74,568 (±$284) | $80,734 |
| Median renter household income | $43,853 (±$3,752) | $60,613 (±$2,413) | $53,617 (±$353) | $52,966 |
| Median owner household income | $87,159 (±$10,507) | $91,802 (±$1,340) | $88,144 (±$469) | $100,009 |
| Median gross rent | $1,671 (±$235) | $1,818 (±$31) | $1,669 (±$5) | $1,413 |
In Southgate, median household income is not measurably different from Sarasota County ($83,416).
It is not measurably different from Florida ($74,568).
It is not measurably different from the national figure ($80,734).
In Sarasota County, Southgate ranks 14 of 28 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 317 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 Southgate
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 $1,671 a month ($20,052 a year) needs an income of about $66,800 a year.
The median renting household in Southgate earns $43,853 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.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $58,663 (±$8,148) | $80,133 (±$12,994) | +36.6% | No measurable change after inflation |
| Median gross rent | $1,396 (±$226) | $1,671 (±$235) | +19.7% | No measurable change after inflation |
| Median home value | $256,200 (±$14,744) | $422,000 (±$33,580) | +64.7% | 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.
Median household income in places near Southgate
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Southgate | — | $80,133 (±$12,994) | — |
| Ridge Wood Heights | 1.3 mi | $69,894 (±$6,098) | Not measurably different |
| South Gate Ridge | 1.7 mi | $70,469 (±$13,750) | Not measurably different |
| South Sarasota | 1.8 mi | $92,933 (±$15,635) | Not measurably different |
| Sarasota Springs | 2.3 mi | $95,688 (±$10,236) | Not measurably different |
| Bee Ridge | 2.8 mi | $75,906 (±$10,121) | Not measurably different |
| Sarasota | 3.0 mi | $72,105 (±$4,968) | Not measurably different |
| Siesta Key | 3.1 mi | $115,854 (±$13,671) | Higher |
| Gulf Gate | 3.3 mi | $61,379 (±$10,691) | Lower |
Nearby places with a measurably lower figure: Gulf Gate, FL ($61,379).
Nearby places with a measurably higher figure: 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 |
|---|---|---|
| 8 | Laurel | $92,340 (±$8,705) |
| 9 | Kensington Park | $90,000 (±$19,059) |
| 10 | Vamo | $88,025 (±$18,758) |
| 11 | North Sarasota | $85,179 (±$30,360) |
| 12 | North Port | $84,049 (±$3,467) |
| 13 | Fruitville | $82,246 (±$12,626) |
| 14 | Southgate | $80,133 (±$12,994) |
| 15 | Plantation (community) | $78,404 (±$8,004) |
| 16 | South Venice | $77,097 (±$9,403) |
| 17 | Venice | $76,755 (±$6,068) |
| 18 | Desoto Lakes | $76,417 (±$11,182) |
| 19 | Bee Ridge | $75,906 (±$10,121) |
| 20 | Sarasota | $72,105 (±$4,968) |
Showing 13 of 28 places in Sarasota County, ranked from highest to lowest.
Southgate 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 Southgate
What is the median household income in Southgate?
The median household income in Southgate is $80,133 (±$12,994) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Southgate?
About $66,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,671 a month.
Have incomes in Southgate kept up with inflation?
In Southgate, the median household income went from $58,663 in 2015–2019 to $80,133 in 2020–2024 (+36.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Southgate?
The median renting household in Southgate, FL earns $43,853 (±$3,752) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Southgate CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Southgate CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Southgate CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Southgate CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Southgate CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Southgate 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 Southgate CDP, Florida (place:67425, 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
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- Median rent in Southgate
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- Renters and owners in Southgate
- Home values in Southgate
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- Property taxes in Southgate
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- Population growth in Southgate
- How long people stay in Southgate
- Fair Market Rent in Southgate
- Florida landlord and tenant rules
- Housing across Sarasota County
- Florida places ranked by median household income
- Housing data for every place in Florida