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Lake Sarasota, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Lake Sarasota, Florida had a total population of 3,595, the 562nd largest community in Florida, with a median household income of $92,429, which is 24% higher than the state average. The poverty rate is 10.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Lake Sarasota Quick Facts

Population 3,595
Median Household Income $92,429
Median Home Value $381,000
Poverty Rate 10.0%
Unemployment Rate 3.0%
Median Age 36.8 years
Homeownership Rate 71.0%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 24.2%
High School Graduation Rate 91.0%
Diversity Index 24/100
Population 3,595 562nd of 955
Median Income $92,429 top 30%
Poverty Rate 10.0% 20% lower than national
Median Home Value $381,000 above average

How Lake Sarasota Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,8023,595-5.4%
Median household income$98,689$92,429-6.3%
Median home value$337,700$381,000+12.8%

How Lake Sarasota Compares

Economy & Housing

Household Income Distribution

Under $25K 12.2%
$25K-$50K 7.5%
$50K-$100K 33.2%
$100K+ 47.2%
Detailed income brackets
Under $10K
1.9%
$10K-$15K
1.7%
$15K-$20K
3.7%
$20K-$25K
4.9%
$25K-$30K
1.9%
$30K-$35K
1.5%
$35K-$40K
0.0%
$40K-$45K
1.1%
$45K-$50K
2.9%
$50K-$60K
6.8%
$60K-$75K
8.0%
$75K-$100K
18.4%
$100K-$125K
20.8%
$125K-$150K
12.8%
$150K-$200K
4.3%
$200K+
9.3%

Employment

3.0% Unemployment Rate State: 4.8%|National: 5.2%
73.9% Labor Force Participation

Housing Overview

Owner 71.0%
Renter 29.0%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $1,986/mo 25.8% of median household income annually

People & Demographics

Diversity Index

24out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Lake Sarasota Rankings in Florida

#562 Population of 955
#238 Median Income of 911
#562 Education of 955
#340 Home Value of 901

Other Cities in Sarasota County

CityPopulationMedian IncomePovertyHome Value
North Port 84,605 $84,049 6.7% $362,500
Sarasota 56,970 $72,105 15.0% $463,000
Lakewood Ranch 43,945 $122,925 7.4% $678,200
Venice 27,479 $76,755 9.2% $434,700
Englewood 20,091 $69,222 8.5% $339,900
South Venice 17,484 $77,097 12.5% $337,300
Palmer Ranch 16,867 $102,838 6.9% $592,900
Fruitville 15,172 $82,246 8.6% $412,500
Sarasota Springs 12,611 $95,688 12.7% $349,100
Laurel 11,741 $92,340 5.6% $478,900

Cities Similar to Lake Sarasota

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Indian Rocks Beach3,664$98,611$738,80048.0%9.5%
Feather Sound3,476$87,986$415,80058.0%14.7%
Williston Highlands3,666$79,662$228,40017.3%8.3%
Alva3,389$85,919$375,60026.5%5.4%
Ponce Inlet3,435$102,200$544,30051.1%5.9%

Population Overview

Lake Sarasota is a small community located in Florida, within Sarasota County. The total population is 3,595. It ranks as the 562nd most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Lake Sarasota is 36.8 years. This is 14% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Lake Sarasota is $92,429. This is 24% higher than the state median of $74,568. It is also 14% higher than the national median of $80,734. The poverty rate stands at 10.0%. This is 21% lower than the state poverty rate of 12.6%. The unemployment rate is 3.0%. This is 38% lower than the state rate of 4.8%. The median home value is $381,000. Housing costs are 6% higher than the state median of $359,000. The home-value-to-income ratio is 4.1x. 71.0% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 67.6%.

Race & Ethnicity

Lake Sarasota has a predominantly White (non-Hispanic) population, comprising 86.8% of all residents. Hispanic or Latino residents account for 7.2%. The White (non-Hispanic) population is significantly higher than the state average (86.8% vs 50.4%). The Black or African American population (1.4%) is well below the state average of 14.6%. The Hispanic or Latino population (7.2%) is well below the state average of 27.4%. The Asian population (1.1%) is well below the state average of 2.9%.

Education

24.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.0%.

Data Sources & Methodology

All demographic data for Lake Sarasota, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Lake Sarasota, Florida?

Lake Sarasota, Florida has a population of 3,595 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake Sarasota, FL?

The median household income in Lake Sarasota is $92,429, which is 14% higher than the national median of $80,734.

What is the poverty rate in Lake Sarasota, FL?

The poverty rate in Lake Sarasota is 10.0%. This means approximately 354 residents live below the federal poverty line.

What is the racial makeup of Lake Sarasota, Florida?

Lake Sarasota's population is 86.8% White, 1.4% Black, 7.2% Hispanic/Latino, and 1.1% Asian.

What is the median home value in Lake Sarasota, FL?

The median home value in Lake Sarasota is $381,000. The home-value-to-income ratio is 4.1x.

How educated is Lake Sarasota, Florida?

24.2% of adults (25+) in Lake Sarasota hold a bachelor's degree or higher, and 4.8% hold a graduate or professional degree.