Manasota Key, FL
Population 1,741 · Florida
About Manasota Key, FL
Manasota Key is a small town located in Florida with a population of 1,741 residents according to the latest US Census Bureau American Community Survey data. The median household income is $125,119 per year, which is 66% above the national median of $75,149. The median age of 72.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Manasota Key features a median home value of $678,100, which is 177% above the national median of $244,900. This places Manasota Key in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,553, 34% above the national average of $1,163/month. Of the 2,301 total housing units, 89% are owner-occupied (804 units) and 11% are renter-occupied (98 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Manasota Key shows an unemployment rate of 6.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Manasota Key have an average one-way commute time of 18.7 minutes, one of the shorter commutes in the region.
Education & Demographics
44.3% of Manasota Key residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.1% of the population being foreign-born.
Cost of Living in Manasota Key, FL
Compared to national averages, Manasota Key has a median household income of $125,119 (66% above the national median of $75,149). Home values average $678,100, which is 177% above the national median. Monthly rent at $1,553 is 34% above the US average of $1,163. Within Florida, Manasota Key's income is 65% above the state average of $75,893, and home values are 92% above the state median of $353,675.
Why Live in Manasota Key, FL?
Manasota Key offers a strong local economy with a median household income of $125,119, well above the national average, and a well-educated community where 44.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.5%, better than the national average. Additionally, the city features short commute times averaging just 18.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $678,100. However, Manasota Key’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Manasota Key has a population of 1,741 with a median age of 72.2 years. Compare Manasota Key with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Manasota Key
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Royal Palm Estates | 1,722 | $51,461 | $321,200 | Compare |
| Verandah | 1,766 | $128,750 | $544,200 | Compare |
| Lake Hamilton | 1,767 | $60,000 | $195,200 | Compare |
| Lake Kerr | 1,767 | $43,472 | $118,800 | Compare |
| Montverde | 1,780 | $103,250 | $468,600 | Compare |
| Inglis | 1,693 | $60,000 | $162,200 | Compare |
| Pine Ridge CDP (Collier County), Florida | 1,800 | $129,829 | $875,000 | Compare |
| Charlotte Park | 1,803 | $63,929 | $265,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Manasota Key With Other Cities
Frequently Asked Questions about Manasota Key
What is the population of Manasota Key, FL?
The population of Manasota Key, FL is 1,741 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Manasota Key?
The median household income in Manasota Key, FL is $125,119 per year, which is 66% above the national median of $75,149.
What is the median home value in Manasota Key?
The median home value in Manasota Key, FL is $678,100, which is 177% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Manasota Key?
The median monthly rent in Manasota Key, FL is $1,553, which is 34% above the national average of $1,163/month.
What is the unemployment rate in Manasota Key?
The unemployment rate in Manasota Key, FL is 6.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Manasota Key, FL a good place to live?
Manasota Key offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,741 and a median age of 72.2, the city appeals to established professionals and retirees.
How educated is Manasota Key, FL?
44.3% of residents in Manasota Key aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Manasota Key?
Key cost-of-living indicators for Manasota Key, FL: median home value is $678,100 (177% above national), median rent is $1,553/month, and median household income is $125,119. The home-value-to-income ratio is 5.4x, a moderate figure by national standards.
What is the poverty rate in Manasota Key?
The poverty rate in Manasota Key, FL is 2.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Manasota Key, FL?
Manasota Key's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.1% of residents are foreign-born.