Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Located in the state of Florida, Lake Sarasota is a smaller city with a population of 4,148 inhabitants. With a population density of 6,197 people per square mile, Lake Sarasota is well above the nation's average density level. According to the most recent Census, 96% of Lake Sarasota residents are White, 1% Black and 1% Asian. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Lake Sarasota, your commute time will align closely with the national average, spanning a one-way duration of approximately 27 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Lake Sarasota could be a positive experience compared to other cities in Florida if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Lake Sarasota and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Florida and national averages.
The livability score in Lake Sarasota is 69 out of 100 and the city is ranked in the 76th percentile of all cities across America. Based on the grades for each individual category, Lake Sarasota has been rewarded with high marks for crime (B+), cost of living (B), employment (A+) and housing (A+). There is at least one category that did not score well in Lake Sarasota. The following was graded with a discouraging score: amenities (F) and education (F).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Lake Sarasota has an unemployment rate of 2.73% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lake Sarasota market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Lake Sarasota real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lake Sarasota. The median home price for Lake Sarasota homes is $237,800, which is 42.6% higher than the Florida average. If we take a closer look at the affordability of homes in Lake Sarasota, we’ll see that the home price to income ratio is 2.8, which is 17.6% lower than the Florida average.
| Statistic | Lake Sarasota | Florida | National |
| Average one way commute | 27min | 27min | 26min |
| Workers who drive to work | 78.5% | 79.5% | 76.4% |
| Workers who carpool | 14.0% | 9.3% | 9.3% |
| Workers who take public transit | 1.1% | 2.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.3% | 1.5% | 2.8% |
| Working from home | 6.1% | 5.4% | 4.6% |
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