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Manasota Key

Learn about the people, housing, costs and businesses in Manasota Key, Florida

Median Home$489,400
Median Rent$1,443/month
Population1,421
Leading IndustriesTransportation · Education19% transportation
Home Value Growth⬆⬆+11.8% over 2 years
Retirees57% of residentstop 1% nationally
Homeowners90% of occupied units
NotableAmenity Score75/100 · highly walkable area
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
Manasota Key
FL

Frequently Asked Questions

What are today's mortgage rates in Manasota Key?

As of today, the 30-year fixed mortgage rate for Manasota Key is approximately 6.946% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Manasota Key?

The median home value in Manasota Key is $489k. The median monthly rent is $1,443. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manasota Key?

Home values in Manasota Key have increased 11.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Manasota Key?

Based on a typical all-in ownership cost of $1,372/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Manasota Key is $89k/year.

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What industries drive the economy in Manasota Key?

The largest employment sectors in Manasota Key are transportation (19%) and education (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.