FAST FACTS
Sarasota County, Florida
2011 Paradise by the Numbers This handy brochure provides a quick snapshot of Sarasota County’s vital statistics. It contains important information on population, workforce, schools and other aspects of this vibrant community. If you don’t find what you are looking for, please contact our Market Research Manager at 941.309.1200, ext. 105.
Population Characteristics
Population by Race & Hispanic Origin
Population by Age
Population Projections
2009 Estimates
In Thousands 600
2009 Estimates
80+ 39,739
Hispanic 7.4%
0–19 66,437 500
65–79 73,098
White 85.7% African-American 4.5%
55–64 53,879
534,700
20–34 48,333
478,000 446,900 400
300
316,926
85.7%
Hispanic or Latino
27,413
7.4%
African American
16,706
4.5%
Native American
753
0.2%
4,603
1.2%
116
0.0%
Asian Some other race Two or more races Total
3,248
0.9%
369,765
100.0%
SOURCE: U.S. Census Bureau, Population Estimates Program
414,600
35–54 88,279
SOURCE: U.S. Census Bureau, Population Estimates Program
White
507,400
2015
2020
2025
2030
2035
Year SOURCE: Projections of Florida Population by County, 2009-2035, Bureau of Economic and Business Research, University of Florida
Population by Jurisdiction 2009 Estimates
City of Sarasota Longboat Key (Sarasota County)* North Port Venice Unincorporated Total
52,025 5,031 54,223 20,770 237,716 369,765
SOURCE: U.S. Census Bureau, Population Estimates Program *Florida Estimates of Population, 2009, Bureau of Economic and Business Research, University of Florida
Sarasota County: Paradise Found Area...............................................573 square miles
Average Annual Rainfall....................54 inches
Average Annual Temperature....72 degrees
Coastline....................................................... 35 miles
SOURCE: Sarasota County School Board
www.edcsarasotacounty.com
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FAST FACTS Employment
International Trade
Employment Summary
Metro Exports Value
Sarasota County, Annual Averages Labor Force
Year
2009 2008 2007 2006 2005
In Millions
Employment
Unemployment Rate
800
148,798 158,944 170,749 172,521 169,451
11.2% 7.0% 4.3% 3.1% 3.0%
600
167,473 170,903 178,448 178,009 174,728
• Fourth largest of Florida’s 14 deepwater seaports • Cargo volume: 8.3 million tons (Fiscal Year 2009) • Berthing: 1.5 miles, 40 feet of draft • Maximum vessel length: Panamax
Industry Distribution Average Monthly Employment for Sarasota County 2009 by Industry Classification Gov.
Mfg.
Top Export Destinations Canada Mexico China Japan United Kingdom Germany
Retail
Agriculture
Transportation
SOURCE: U.S. Census Bureau Foreign Trade Division, 2009 Annual Port-level Exports
Industry Sector Agriculture
Employment
Pct.
339
0.25%
Construction
9,711
7.21%
Manufacturing
5,028
3.73%
Wholesale Trade
3,435
2.55%
19,295
14.33%
2,567
1.90%
Services
75,845
56.36%
Finance, Real Estate, Insurance
11,541
8.57%
6,727
4.99%
Retail Trade Transportation, Warehousing, and Utilities
Total, all industries
2006
2007
2008
Year SOURCE: Bureau of the Census, U.S. Department of Commerce.
Government Investment Origins Top Foreign-Direct
Canada Other Services
United Kingdom Japan Finance, Real Estate, Insurance France Germany Services Belgium SOURCE: Tampa Bay Partnership, 2009 Tampa Bay Foreign Direct Investment Study Transportation, Warehousing, and Utilities
Retail Trade Wholesale Trade Manufacturing Construction
134,570 100.00%
SOURCE: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Quarterly Census of Employment and Workforce Innovation
2
200
SOURCE: Manatee County Port Authority
Wholesale
Government
400
Const.
Finance
Services
$630.8
$458.9
Port Manatee
SOURCE: Florida Agency for Workforce Innovation, Labor Market Statistics, Local Area Unemployment Program released 3/10/10.
$740
Agriculture
Education
Income & Buying Power
Cost of Living Comparison
Sarasota County
ACCRA Composite Index. 100 = Average 209.7
New York, NY Washington, DC
139.7
San Diego, CA
131.6
Boston, MA
131.1
Newark, NJ
127.6
Baltimore, MD
119.3
Raleigh, NC
98.5
Atlanta, GA
96.0
Austin, TX
95.0
0
50
Estimated Average Household Effective Buying Income
$60,326
Estimated Median Household Effective Buying Income
$43,624
Elementary Middle High Special Schools Charter Schools Post-Secondary Schools Serving Sarasota County and Surrounding Area
Housing
16
Average SAT Scores 2010 Reading Sarasota County
100
150
523
Florida
200
496
U.S.
SOURCE: ACCRA Second Quarter 2010, selected cities or Metropolitan Statistical Areas in the US, by components of the average index (avg=100)
501
Math Sarasota County
Gross Metropolitan Product Sarasota, Bradenton, Venice, FL
In Billions:
24 9 9 7 10
SOURCE: Sarasota County School Board
SOURCE: Nielsen Business Facts
102.1
Sarasota, FL
Number of Public Schools
Effective Buying Income 2010
525
Florida
498
U.S.
516
Writing
2007
2008
2009
2010
Sarasota County
24.6
23.8
22.7
23.06*
Florida
503 479
U.S.
*Estimate
492
SOURCE: U.S. Conference of Mayors & Council for the New American City, Metro Economies Report, January 2010
300
400
500
SOURCE: Sarasota County School Board
Per-Capita Personal Income
Sarasota Home Sales
Thousands of dollars per year
55
$55,856 $55,559 $53,180
50
$49,047
40
$46,440 $41,882 $40,989 $39,568
25
$41,770
Single-family homes Condos
Educational Attainment 2009 Estimates Sarasota County
Sept. ’09 $165,000 162,500
’02
’03
Year
’04
’05
’06
’07 ’08
SOURCE: Regional Economic Information System, Bureau of Economic Analysis, CA30
U.S.
91.2
Sept. ’10 $155,500 150,450
85.3 85.3 Percent bachelor's degree or higher 29.9
Apartment, monthly rent $757 2 BR, unfurnished, excluding all utilities except water, 1.5 or 2 BA, 950 sq. ft. SOURCE: ACCRA Second Quarter 2010, Average Prices
Florida
Percent high school graduate or higher
SOURCE: My Regional MLS Provided by the Sarasota Association of Realtors
$30,745
1995 2000 ’01
Units Sold 1,361 2,939 1,056 2,130
0-2 bedrooms 3 bedrooms 4+ bedrooms Condos Median Sales Price
35 30
Percent
Sept. 2009 – Sept. 2010
60
45
2007 EstimatesPercent hig
25.3 27.9 0
20
40
60
80
SOURCE: American Community Survey
www.edcsarasotacounty.com
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FAST FACTS Airport Statistics
Taxes & Power Cost Comparisons
Corporate Tax Rates
Sarasota Bradenton International Airport
FLORIDA
Oct. 2009–Sept. 2010 Major Airlines
Enplanements Deplanements Total
Runway Numbers Runway Length
Paradise by the Numbers
(Average Retail Price of Electricity in cents per kilowatt-hour)
Commercial
6.00
Tennessee
6.50
Alabama
6.50
Major Airlines
Commuters
North Carolina
14/32 9,500 ft.
4/22 5,009 ft.
New York
SOURCE: Sarasota Manatee Airport Authority
7.10 8.25
Massachusetts
8.75
California
8.84
4
6
8
Percent SOURCE: Federation of Tax Administrators, January 2010
9.97 9.82 9.40 13.95 8.68 9.92 14.92 15.10 17.42 7.53 8.44 6.73 Industrial
9.00
New Jersey 2
Total United States Florida Sarasota (FPL) California Georgia Maryland Massachusetts New Jersey New York North Carolina South Carolina Texas
6.90
Maryland
0
Year Ending June 30, 2010
5.50
Georgia
662,374 650,810 1,313,184
Electric Rates
10
Total United States Florida Sarasota (FPL) California Georgia Maryland Massachusetts New Jersey New York North Carolina South Carolina Texas SOURCE: Edison Electric Institute
Live Oak Corporate Center 2601 Cattlemen Road, Suite 102 Sarasota, FL 34232
www.edcsarasotacounty.com telephone: 941.309.1200 e-mail: info@edcsarasotacounty.com The information contained here is obtained from many different sources and is known to be accurate at the time of publication. It is, however, subject to change without notice.
4
6.51 8.83 7.64 10.14 6.00 5.19 13.31 13.48 12.27 5.96 5.63 4.55