Lake Sarasota

Population: 3,802
Median household income: $98,689
Median home value: $337,700

Lake Sarasota is a community in Sarasota County, Florida, home to 3,802 residents. Its median household income of $98,689 runs above the Sarasota County figure of $80,633.

From 2019 to 2023, Lake Sarasota's population declined 19.9% from 4,749 to 3,802, while its median home value rose 44.3% from $234,100 to $337,700.

The largest age group is 25 to 34, 17.3% of residents. White (non-Hispanic) residents are the largest group, 89.5% of the population.

Demographics

ACS 2019–2023

Population: 3,802
Median age: 36.1 yrs
Median household income: $98,689
Median home value: $337,700
Median gross rent: $1,858
Housing units: 1,379
Homeownership rate: 70.3%
Bachelor's degree or higher: 28.2%
Unemployment rate: 3.1%

Trends

ACS 5-year · 2019–2023

Population

4,7493,802

Median household income

$81,081$98,689

Median home value

$234,100$337,700

Median gross rent

$1,592$1,858

Year	Population	Median household income	Median home value	Median gross rent
2019	4,749	$81,081	$234,100	$1,592
2020	4,148	$84,112	$237,800	$1,595
2021	4,032	$92,971	$251,200	$1,676
2022	3,701	$100,958	$284,600	$1,914
2023	3,802	$98,689	$337,700	$1,858

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 59.7%

5 to 1714.1%

18 to 246.5%

25 to 3417.3%

35 to 4412.2%

45 to 5413.0%

55 to 6411.5%

65 to 7411.1%

75 and over4.7%

	Count	Share
Under 5	367	9.7%
5 to 17	537	14.1%
18 to 24	246	6.5%
25 to 34	657	17.3%
35 to 44	463	12.2%
45 to 54	495	13.0%
55 to 64	437	11.5%
65 to 74	421	11.1%
75 and over	179	4.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,404	89.5%
Black or African American	47	1.2%
American Indian & Alaska Native	0	0.0%
Asian	42	1.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	55	1.4%
Hispanic or Latino (any race)	254	6.7%

Educational attainment (age 25+)

No high school diploma8.9%

High school graduate34.8%

Some college or associate's28.1%

Bachelor's degree20.9%

Graduate or professional degree7.3%

	Count	Share
No high school diploma	236	8.9%
High school graduate	923	34.8%
Some college or associate's	745	28.1%
Bachelor's degree	554	20.9%
Graduate or professional degree	194	7.3%

Commute to work

Mean travel time to work: 27 min

Drove alone76.7%

Carpooled16.8%

Public transit0.5%

Walked0.0%

Bicycle0.0%

Worked from home6.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	1,637	76.7%
Carpooled	359	16.8%
Public transit	10	0.5%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	127	6.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	199	9.9%
15 to 29 min	1,062	52.9%
30 to 44 min	581	29.0%
45 to 59 min	53	2.6%
60+ min	111	5.5%

Households

Average household size: 2.86
Poverty rate: 8.3% (314 of 3,761)

	Count	Share
Family households	1,036	78.0%
Nonfamily households	293	22.0%

Housing

Median year structure built: 1984

Occupancy

	Count	Share
Occupied	1,329	96.4%
Vacant	50	3.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	934	70.3%
Renter-occupied	395	29.7%

1-unit, detached93.8%

1-unit, attached4.4%

2 to 4 units1.7%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,294	93.8%
1-unit, attached	61	4.4%
2 to 4 units	24	1.7%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1238690
Type (LSAD): 57
Land area: 0.67 sq mi
Water area: 0.01 sq mi
Center point: 27.2947, -82.4332