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Demographics
Population
Median Income
Racial Distributions
South Sarasota, a coastal neighborhood in Florida, exhibits a Low Diversity demographic profile with a White Majority. In 2022, 83% of the population identified as white. The area has a high median income of $94,052, which is above the national average. South Sarasota is located near beaches and Siesta Key.
Over the past decade, South Sarasota has maintained its status as a Low Diversity community with a White Majority. The white population decreased from 90% in 2013 to 83% in 2022. The Hispanic population increased from 5% in 2013 to 11% in 2022. The "Two or More Races" category increased from 1% to 3%. Despite these changes, the community remains in the Low Diversity category due to the dominance of the white population.
The median income in South Sarasota increased from $80,407 in 2013 to $94,052 in 2022, a 17% increase. This economic growth correlates with the demographic shifts. The increasing Hispanic population coincides with rising median incomes. The overall increase in diversity aligns with the rising median income, indicating that the neighborhood is attracting wealthy individuals from various backgrounds.
The population has remained relatively stable over the decade, fluctuating between 7,000 and 8,000 residents. This stability, combined with rising incomes, suggests a pattern of gradual gentrification or property value appreciation.
South Sarasota's demographic and economic trends align with patterns seen in many coastal communities in Florida. The area's median income growth outpaces the national average. The slow increase in diversity mirrors statewide trends, as Florida has been experiencing growth in its Hispanic population. The stability in population size, despite rising incomes, is characteristic of established, high-value neighborhoods with limited new housing development.
South Sarasota remains a Low Diversity, White Majority community, but shows signs of a gradual transition towards greater diversity. This shift is occurring alongside significant economic growth, suggesting that the area is attracting affluent individuals from various backgrounds while potentially becoming less accessible to lower-income residents. These trends reflect broader patterns of demographic and economic change in desirable coastal areas of Florida.