Wednesday, July 25, 2012

Sarasota Census: Rich Are Getting Richer, Poor Are Getting Poorer

Sarasota County seems to be getting richer and poorer at the same time.
Demographic Census reports published on the Sarasota County Government website this week show that while the median household income increased nearly $10,000 in the last 10 years to $50,046, the povery rate jumped more than 5 percentage points.
In 2010, which is the most recent Census, 12.8 percent of Sarasota County live at or below the poverty level compared to 7.6 percent in 2000. That's 48,649 people in poverty in the county.
The Census defined poverty as $11,344 for a single personunder age 65, and $10,458 for single people age 65 and older. For a family of four, the poverty income threshold is $22,314. Within Sarasota city limits, 17 percent of households live below poverty thresholds, and those families tend to be in north and north central Sarasota with

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