Sarasota Springs median real estate price is $377,656, which is more expensive than 40.3% of the neighborhoods in Florida and 51.9% of the neighborhoods in the U.S.
The average rental price in Sarasota Springs is currently $3,119, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.0% of the neighborhoods in Florida.
Sarasota Springs is a suburban neighborhood (based on population density) located in Sarasota, Florida.
Sarasota Springs real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Sarasota Springs neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 6.2% in Sarasota Springs. NeighborhoodScout analysis shows that this rate is lower than 58.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Sarasota, the Sarasota Springs neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Most neighborhoods are composed of a mixture of ages of homes, but the Sarasota Springs stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 87.0% of the residential real estate here was built in this one time period.
Did you know that the Sarasota Springs neighborhood has more Cuban and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Cuban ancestry and 1.2% have Austrian ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Sarasota Springs neighborhood in Sarasota are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.0% of the neighborhoods in America. With 35.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.1% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Sarasota Springs neighborhood, 33.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.6%), and 17.8% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Sarasota Springs neighborhood is English, spoken by 86.0% of households. Other important languages spoken here include Spanish and Polish.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Sarasota Springs neighborhood in Sarasota, FL, residents most commonly identify their ethnicity or ancestry as Irish (14.8%). There are also a number of people of German ancestry (13.9%), and residents who report Italian roots (10.3%), and some of the residents are also of English ancestry (8.8%), along with some Polish ancestry residents (4.0%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Sarasota Springs neighborhood spend between 15 and 30 minutes commuting one-way to work (56.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (86.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.