US Census Data

ZIP Code 34240

ZIP Code Tabulation Area in Sarasota County, Florida.

Population
16,356
+42.9%’19–’23
Median household income
$126,048
+37.0%’19–’23
Median home value
$622,100
+58.1%’19–’23

Covering part of Sarasota County, Florida, ZIP Code 34240 has about 16,356 residents. Its median household income of $126,048 runs above the Sarasota County figure of $80,633.

From 2019 to 2023, ZIP Code 34240's population grew 42.9% from 11,442 to 16,356, while its median gross rent rose 57.0% from $1,469 to $2,306.

The median resident is 51.4 years old. The largest age group is 55 to 64, 16.6% of residents.

Demographics

ACS 2019–2023
Population
16,356
Median age
51.4 yrs
Median household income
$126,048
Median home value
$622,100
Median gross rent
$2,306
Housing units
7,570
Homeownership rate
86.9%
Bachelor's degree or higher
51.8%
Unemployment rate
1.3%

Trends

ACS 5-year · 2019–2023
Population
11,44216,356
Median household income
$92,000$126,048
Median home value
$393,500$622,100
Median gross rent
$1,469$2,306
YearPopulationMedian household incomeMedian home valueMedian gross rent
201911,442$92,000$393,500$1,469
202012,143$94,046$419,200$2,140
202112,713$110,143$449,300$1,237
202214,400$120,581$531,900$2,014
202316,356$126,048$622,100$2,306

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

CountShare
Under 58985.5%
5 to 172,39214.6%
18 to 249665.9%
25 to 341,1887.3%
35 to 441,3808.4%
45 to 542,33014.2%
55 to 642,71616.6%
65 to 742,55715.6%
75 and over1,92911.8%

Race & ethnicity

CountShare
White (non-Hispanic)14,47188.5%
Black or African American780.5%
American Indian & Alaska Native190.1%
Asian3832.3%
Native Hawaiian & Pacific Islander00.0%
Some other race1861.1%
Two or more races5113.1%
Hispanic or Latino (any race)7084.3%

Educational attainment (age 25+)

CountShare
No high school diploma2782.3%
High school graduate2,37119.6%
Some college or associate's3,18326.3%
Bachelor's degree3,70930.7%
Graduate or professional degree2,55921.1%

Commute to work

Mean travel time to work
23 min

How workers get to work

CountShare
Drove alone5,45271.9%
Carpooled3885.1%
Public transit00.0%
Walked560.7%
Bicycle00.0%
Worked from home1,56620.7%
Other means1211.6%

Travel time

CountShare
Under 15 min1,06817.7%
15 to 29 min2,94348.9%
30 to 44 min1,51125.1%
45 to 59 min3575.9%
60+ min1382.3%

Households

Average household size
2.55
Poverty rate
2.9% (471 of 16,326)
CountShare
Family households4,97377.5%
Nonfamily households1,44322.5%

Housing

Median year structure built
2000

Occupancy

CountShare
Occupied6,41684.8%
Vacant1,15415.2%

Tenure (of occupied units)

CountShare
Owner-occupied5,57886.9%
Renter-occupied83813.1%

Units in structure

CountShare
1-unit, detached5,44371.9%
1-unit, attached4596.1%
2 to 4 units00.0%
5 to 19 units1962.6%
20 or more units4355.7%
Mobile home & other1,03713.7%

Geography

ZCTA
34240
Land area
66 sq mi
Water area
1.86 sq mi
Center point
27.3447, -82.3542

Counties this ZIP covers

2

Compare with nearby ZIP codes

6

National ZIP rankings

21

Nearby ZIP codes

13