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Sarasota County, Florida Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Sarasota County, Florida need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Florida

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.66 5.08 6.83 0.00 7.04
  Total Electric Industry 7.77 6.66 5.08 6.83 0.00 7.04
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.91 6.77 5.19 6.85 0.00 7.16
  Total Electric Industry 7.91 6.77 5.19 6.85 0.00 7.16
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.75 6.58 5.02 6.81 0.00 6.99
  Total Electric Industry 7.75 6.58 5.02 6.81 0.00 6.99
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.69 5.26 6.96 0.00 7.20
  Total Electric Industry 7.99 6.69 5.26 6.96 0.00 7.20
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.78 6.35 5.13 6.72 0.00 6.96
  Total Electric Industry 7.78 6.35 5.13 6.72 0.00 6.96
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.82 6.39 5.16 6.69 0.00 7.01
  Total Electric Industry 7.82 6.39 5.16 6.69 0.00 7.01
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.63 5.11 6.80 0.00 7.18
  Total Electric Industry 7.99 6.63 5.11 6.80 0.00 7.18
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.08 6.62 5.04 6.80 0.00 7.19
  Total Electric Industry 8.08 6.62 5.04 6.80 0.00 7.19
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.89 6.38 4.81 6.64 0.00 7.01
  Total Electric Industry 7.89 6.38 4.81 6.64 0.00 7.01
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.73 6.22 4.77 6.61 0.00 6.85
  Total Electric Industry 7.73 6.22 4.77 6.61 0.00 6.85
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.25 4.84 6.96 0.00 6.91
  Total Electric Industry 7.77 6.25 4.84 6.96 0.00 6.91
2001              
  Full-Service Providers 8.59 7.08 5.18 7.60 0.00 7.67
  Total Electric Industry 8.59 7.08 5.18 7.60 0.00 7.67
2002              
  Full-Service Providers 8.16 6.64 5.23 7.43 0.00 7.31
  Total Electric Industry 8.16 6.64 5.23 7.43 0.00 7.31
2003              
  Full-Service Providers 8.55 7.13 5.41 0.00 7.21 7.72
  Total Electric Industry 8.55 7.13 5.41 0.00 7.21 7.72
2004              
  Full-Service Providers 8.99 7.61 5.84 0.00 7.45 8.16
  Total Electric Industry 8.99 7.61 5.84 0.00 7.45 8.16
2005              
  Full-Service Providers 9.62 8.16 6.46 0.00 8.03 8.76
  Total Electric Industry 9.62 8.16 6.46 0.00 8.03 8.76
2006              
  Full-Service Providers 11.33 9.91 7.71 0.00 10.32 10.45
  Total Electric Industry 11.33 9.91 7.71 0.00 10.32 10.45

(updated 2006)



Time Leaving to Work in Sarasota County, Florida

12:00 A.M. TO 4:59 A.M.   : 2,956   (2.3%)
5:00 A.M. TO 5:29 A.M.   : 2,347   (1.9%)
5:30 A.M. TO 5:59 A.M.   : 3,468   (2.7%)
6:00 A.M. TO 6:29 A.M.   : 7,824   (6.2%)
6:30 A.M. TO 6:59 A.M.   : 11,806   (9.3%)
7:00 A.M. TO 7:29 A.M.   : 17,912   (14.2%)
7:30 A.M. TO 7:59 A.M.   : 22,508   (17.8%)
8:00 A.M. TO 8:29 A.M.   : 18,745   (14.8%)
8:30 A.M. TO 8:59 A.M.   : 9,558   (7.6%)
9:00 A.M. TO 9:59 A.M.   : 9,777   (7.7%)
10:00 A.M. TO 10:59 A.M.   : 3,903   (3.1%)
11:00 A.M. TO 11:59 A.M.   : 1,547   (1.2%)
12:00 P.M. TO 3:59 P.M.   : 7,188   (5.7%)
4:00 P.M. TO 11:59 P.M.   : 7,047   (5.6%)


(updated 2010)



Household Size By Vehicles Available
(Sarasota County, Florida)

1-person household:

No vehicle available : 7,360

1 vehicle available : 45,148

2 vehicles available : 4,264

3 vehicles available : 434

4 or more vehicles available : 175

2-person household:

No vehicle available : 1,982

1 vehicle available : 27,729

2 vehicles available : 39,751

3 vehicles available : 4,999

4 or more vehicles available : 1,139

3-person household:

No vehicle available : 285

1 vehicle available : 3,824

2 vehicles available : 7,962

3 vehicles available : 3,915

4 or more vehicles available : 697

4-or-more-person household:

No vehicle available : 335

1 vehicle available : 3,286

2 vehicles available : 11,738

3 vehicles available : 4,948

4 or more vehicles available : 2,525


(updated 2013)



Household Size By Number Of Workers In Household
(Sarasota County, Florida)

1-person household:

No workers : 37,154

1 worker : 20,227

2-person household:

No workers : 39,149

1 worker : 20,204

2 workers : 16,247

3-person household:

No workers : 2,289

1 worker : 5,878

2 workers : 6,620

3 workers : 1,896

4-or-more-person household:

No workers : 1,450

1 worker : 6,759

2 workers : 10,090

3 or more workers : 4,533


(updated 2013)



Means of Transportation To Work
(Sarasota County, Florida)

Car, truck, or van:

Drove alone : 123,762

Carpooled:

In 2-person carpool : 8,637

In 3-person carpool : 1,627

In 4-person carpool : 489

In 5- or 6-person carpool : 429

In 7-or-more-person carpool : 151

Public transportation (excluding taxicab):

Bus or trolley bus : 1,123

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 26

Railroad : 0

Ferryboat : 13

Taxicab : 129

Motorcycle : 598

Bicycle : 1,144

Walked : 1,611

Other means : 1,245

Worked at home : 7,870


(updated 2013)



Travel Time To Work
(Sarasota County, Florida)

Less than 5 minutes : 2,733

5 to 9 minutes : 11,591

10 to 14 minutes : 20,443

15 to 19 minutes : 27,257

20 to 24 minutes : 30,499

25 to 29 minutes : 8,362

30 to 34 minutes : 23,477

35 to 39 minutes : 2,107

40 to 44 minutes : 3,332

45 to 59 minutes : 6,816

60 to 89 minutes : 3,095

90 or more minutes : 1,272


(updated 2013)



Occupations in Sarasota County, Florida

Male:


  • Management, Professional, And Related Occupations: 20,854  (29.5%)
  • Service Occupations: 12,312  (17.4%)
  • Sales And Office Occupations: 14,618  (20.7%)
  • Farming, Fishing, And Forestry Occupations 300  (0.4%)
  • Construction, Extraction, And Maintenance Occupations: 13,319  (18.9%)

Female:


  • Management, Professional, And Related Occupations: 22,058  (34.0%)
  • Service Occupations: 13,615  (21.0%)
  • Sales And Office Occupations: 25,651  (39.6%)
  • Farming, Fishing, And Forestry Occupations 108  (0.2%)
  • Construction, Extraction, And Maintenance Occupations: 547  (0.8%)


(updated 2010)





Amtrak Stations in Sarasota County, Florida

Bus Station(s)


    1993 Main Street
    US 301 and Main the East Bound Side
    Sarasota, Florida 34231

(updated 2008)



Employment Rate In Sarasota County, Florida

Employed: 175,463
Unemployed: 5,360



Minority Owned Firms of 100 or More in
Sarasota County, Florida

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 1.8%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 3.2%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 24.7%
  • Other: 70.3%



Water Usage In Sarasota County, Florida

Ground Water

 
Fresh 40.29 Mgal/d
Saline 0.00 Mgal/d

Total 40.29 Mgal/d
 

Surface Water

 
Fresh 6.11 Mgal/d
Saline 0.00 Mgal/d

Total 6.11 Mgal/d





There are 442 Farms In Sarasota County, Florida


(updated 2008)



Banks In Sarasota County, Florida

Suntrust Bank - 21 Branches


    Bank Assets: $3.7b
    Industry Specialization: Commercial Lending
    Total Offices: 1,514

Bank Of America, National Association - 20 Branches


    Bank Assets: $29b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Wells Fargo Bank, National Association - 17 Branches


    Bank Assets: $24.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Jpmorgan Chase Bank, National Association - 13 Branches


    Bank Assets: $26b
    Industry Specialization: International
    Total Offices: 5,679

Branch Banking And Trust Company - 10 Branches


    Bank Assets: $1.8b
    Industry Specialization: Commercial Lending
    Total Offices: 1,843

Fifth Third Bank - 10 Branches


    Bank Assets: $1.3b
    Industry Specialization: Commercial Lending
    Total Offices: 1,348

Regions Bank - 9 Branches


    Bank Assets: $1b
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Pnc Bank, National Association - 7 Branches


    Bank Assets: $2.2b
    Industry Specialization: Commercial Lending
    Total Offices: 2,821

Liberty Savings Bank, F.s.b. - 6 Branches


    Bank Assets: $3.4m
    Industry Specialization: Mortgage Lending
    Total Offices: 10

American Momentum Bank - 5 Branches


    Bank Assets: $4.9m
    Industry Specialization: Commercial Lending
    Total Offices: 19

(updated 2014)







Airports Near Sarasota County, Florida

  • Venice Municipal


    (about 6.9 miles in Venice, Florida; Airport Code: VNC)

  • Sarasota/Bradenton Airport


    (about 18.5 miles in Tallevast, Florida; Airport Code: SRQ)

  • Sarasota/Bradenton International


    (about 18.5 miles in Tallevast, Florida; Airport Code: SRQ)

  • Charlotte County


    (about 30.3 miles in Punta Gorda, Florida; Airport Code: PGD)

  • Punta Gorda Airport


    (about 30.3 miles in Punta Gorda, Florida; Airport Code: PGD)

  • Albert Whitted


    (about 43.8 miles in Saint Petersburg, Florida; Airport Code: SPG)

  • Macdill AFB


    (about 47.9 miles in Macdill Afb, Florida; Airport Code: MCF)

  • Page Field


    (about 51.9 miles in Fort Myers, Florida; Airport Code: FMY)

  • Peter O'Knight


    (about 52.1 miles in Tampa, Florida; Airport Code: TPF)

  • St. Petersburg-Clearwater International


    (about 54.2 miles in Clearwater, Florida; Airport Code: PIE)

  • St Pete Clearwater International


    (about 54.4 miles in Clearwater, Florida; Airport Code: PIE)

  • Tampa International


    (about 56.5 miles in Tampa, Florida; Airport Code: TPA)

  • Southwest Florida International


    (about 58.8 miles in Fort Myers, Florida; Airport Code: RSW)

  • Avon Park Executive


    (about 61.0 miles in Avon Park, Florida; Airport Code: AVO)

  • Avon Park Municipal


    (about 61.1 miles in Avon Park, Florida; Airport Code: AVO)

  • Lakeland Linder Regional


    (about 61.5 miles in Lakeland, Florida; Airport Code: LAL)

  • Lakeland Municipal


    (about 61.6 miles in Lakeland, Florida; Airport Code: LAL)

  • Bartow Municipal


    (about 65.7 miles in Eloise, Florida; Airport Code: BOW)

  • Sebring Regional


    (about 67.8 miles in Sebring, Florida; Airport Code: SEF)

  • Zephyrhills Municipal


    (about 74.9 miles in Zephyrhills, Florida; Airport Code: FL1)


(updated 2015)



Modes of Transportation in Sarasota County, Florida

Car, Truck, Or Van:

 

Drove Alone

80.75%

Carpooled

10.14%

Public Transportation:

 

Bus Or Trolley Bus

0.66%

Streetcar Or Trolley Car

0.00%

Subway Or Elevated

0.01%

Railroad

0.01%

Ferryboat

0.01%

Taxicab

0.11%

Motorcycle

0.27%

Bicycle

1.01%

Walked

1.62%

Other Means

0.75%

Worked At Home

4.65%



(updated 2010)





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