1031 Exchange Sarasota, Florida

 

Surrounding metropolitan area Area

Sarasota, Florida is a part of the North Port-Sarasota-Bradenton, FL metropolitan area area, and contains 18 zip codes, including: 34232, 34239, 34260, 34231, 34276, and 34236.

Sarasota Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Sarasota, FL metropolitan area area was $1,271, which is 30.36% lower than 2014 average rent. This represents a compounded annual growth rate of 5.45%. 2019 vacancy in Sarasota, FL was 5.90%.

The total population of the city of Sarasota, FL has grown 11.21% since 2010. As of 2018, the population was 57,738. The median household income of the Sarasota was $47,884, which is 20.58% lower than the national average.

  • metropolitan area area North Port-Sarasota-Bradenton, FL
  • avg rent $1,271
  • rent growth 30.36%
  • vacancy 5.90%
  • median income $47,884
  • population (2018) 57,738
  • population growth 11.21%
  • vs. nat'l avg 20.58%
  • zip codes 34230 34231 34232 34233 34234 34235 34236 34237 34238 34239 34240 34241 34242 34243 34249 34260 34276 34277

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Source: www.zip-codes.com
Source: REIS Market Report
Source: United States Census Bureau

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