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2005 Local Market Snapshots
  1 mile 3 miles 5 miles
POPULATION 6,201 17,069 47,439
MEDIAN AGE 63.4 54.6 45.3
2005 HOUSEHOLDS 3,449 8,443 20,984
OWNER OCCUPIED 75.8% 76.5% 68.4%
RENTAL OCCUPIED 6.9% 9.4% 18.2%
AVERAGE HOUSEHOLD INCOME $48,183 $54,365 $58,040
 

Household income for the Sarasota-Bradenton-Ellenton market is significantly above most other Florida markets. According to the Bureau of Economic Analysis, per capita income for the local market is at $37,509 (income computed for every man, woman, and child in a geographic area) compared to $30,906 for the state of Florida and $29,758
for the United States as a whole.

According to the November 2004 Précis METRO report, Sarasota-Bradenton-Ellenton is one of our Country’s strongest economies. Most industries in the area are adding to payrolls, opening new locations , with retail, healthcare and professional business services leading the way, helping to drive the local unemployment rate to just over 3%.