| ZIP Code | 34240 |
|---|---|
| City | Sarasota |
| State | Florida (FL) |
| County | Sarasota County |
| Area Code | 941 |
| Elevation | 41 ft |
| Latitude | 27.344716 |
|---|---|
| Longitude | -82.354156 |
| Timezone | New York (DST) |
| FIPS | 12115 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.4 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.55 |
| Below Poverty | 2.9% ▼ 71% below avg |
| College Grads | 61.7% ▲ 59% above avg |
| Unemployment | 1.3% ▼ 73% below avg |
| No HS Diploma | 15 (0.1%) |
| HS Graduate | 2,134 (18.4%) |
| Some College | 1,130 (9.7%) |
| Associates | 1,178 (10.1%) |
| Bachelors | 1,174 (10.1%) |
| Graduate Degree | 5,991 (51.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $126,048 ▲ 65% above avg ↑ 37% since 2019 |
|---|---|
| Median Home Value | $622,100 ▲ 123% above avg ↑ 58% since 2019 |
| Home/Income Ratio | 4.9x (nat avg ~3.5x) |
| Median Rent | $2,306/mo ↑ 57% since 2019 |
| Total Units | 7,570 |
| Vacant Units | 1,154 |
| Avg HH Size | 2.55 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,570 |
|---|---|
| Vacant | 1,154 |
| Owner Occupied | 86.9% |
| Renter Occupied | 13.1% |
| Avg HH Size | 2.55 |
ZIP code 34240 is located in Sarasota, Florida, within Sarasota County. With a population of 16,356, this is a moderately populated ZIP code with a mature community — the median age is 51.4 years. Economically, 34240 is a upper-middle-income ZIP code: the median household income of $126,048 is significantly above the national average.
Real estate in ZIP code 34240 represents a premium housing market. The median home value of $622,100 is more than double the national average. Renters can expect to pay around $2,306 per month in median rent. Homeownership is strong here — 86.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 58% since 2019.
The population of 34240 is primarily White (88.48%). Residents are highly educated — 61.7% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 2.9%. Household income has grown by 37% since 2019.
The unemployment rate in 34240 stands at 1.3%, which is well below the national average. About 21% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 34240 in Sarasota, FL is characterized as upper-middle-income, highly educated, a mature community, and predominantly owner-occupied. With 16,356 residents, a median household income of $126,048, and a median home value of $622,100, it offers a clear picture of life in this part of Florida.