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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


EDC-074FastFactsWeb_1-4-11  

www.edcsarasotacounty.com 20352030202520202015 This handy brochure provides a quick snapshot of Sarasota County’s vital statistics. It conta...

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