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This question is about Sarasota, FL.
What is a good salary in Sarasota, FL?
A good salary in Sarasota, FL is anything over $43,000. That's because the median income in Sarasota is $43,000, which means if you earn more than that you're earning more than 50% of the people living in Sarasota. The average salary in Sarasota is $52,137.
A good hourly wage in Sarasota is $20.67 per hour. That works out to a good weekly wage of $826 per week and a good monthly wage of $3,583 per month. However, using the median income is only one way to calculate a good salary in Sarasota.
Another way to calculate a good salary in Sarasota is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $268,400, a good salary in Sarasota would be $53,680.
Lastly, we can determine a good salary in Sarasota by looking at the cost of living and comparing it to the US average salary. The cost of living in Sarasota is 2% higher than than the national average. The national average salary is $56,310, so a good salary in Sarasota is anything over $57,436 by this measure.
Average Annual Salary in Sarasota, FL
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $20,000 | $1,666 | $384 | $9.62 |
| 25th | $29,000 | $2,416 | $557 | $13.94 |
| Median | $43,000 | $3,583 | $826 | $20.67 |
| 75th | $65,000 | $5,416 | $1,250 | $31.25 |
| 90th | $93,000 | $7,750 | $1,788 | $44.71 |
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