Residential comparison · 13 facts
Lakewood Ranch, FL vs Sarasota, FL
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Lakewood Ranch needs about $77,500 in Sarasota to keep the same lifestyle.
Coming from Sarasota, $85,000 of lifestyle costs about $92,500 in Lakewood Ranch.
A few differences
- Lakewood Ranch is higher on median household income ($122,925 vs $72,105).
- Sarasota is lower on cost of living index (110 vs 130).
- Sarasota is lower on 2-bedroom rent ($1,733/mo vs $2,237/mo).
Lakewood Ranch vs Sarasota · facet by facet
| Facet | Lakewood Ranch, FL | Sarasota, FL |
|---|---|---|
| Median home price | $678,200 | $463,000 |
| 2-bedroom rent | $2,237/mo | $1,733/mo |
| Property tax rate | 0.8% | 0.8% |
| State & local income tax | 0% | 0% |
| Sales tax | 7% | 7% |
| Cost of living index | 130 | 110 |
| Groceries index | 103 | 103 |
| Utilities | $180/mo | $180/mo |
| Median household income | $122,925 | $72,105 |
| Unemployment rate | 3.3% | 3.3% |
| Crime index | 45/100 | 45/100 |
| School rating | 5.8/10 | 5.8/10 |
| Sunny days / year | 240 days | 240 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Lakewood Ranch, FL · Sarasota, FL
Questions & answers
- Is Lakewood Ranch cheaper than Sarasota?
- Sarasota has the lower day-to-day cost index (110 vs 130 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Sarasota equals $85,000 in Lakewood Ranch?
- A household earning $85,000 in Lakewood Ranch needs about $77,500 in Sarasota to keep the same lifestyle; coming the other way, $85,000 of Sarasota lifestyle costs about $92,500 in Lakewood Ranch.