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ZIP 34240 local snapshot

Sarasota · Sarasota County · FL

Population

16,356

Median household income

$126,048

Median home value

$622,100

Homeownership rate

86.9%

Housing tenure

Owner-occupied 86.9% · Renter-occupied 13.1%

86.9% own

Owner-occupiedRenter-occupied

How ZIP 34240 compares to Sarasota County

Benchmarks use Census ACS data across 25 ZIP codes in Sarasota County.

Median home value

40% above the county average
ZIP 34240$622,100
Sarasota County average$444,236

Median household income

48% above the county average
ZIP 34240$126,048
Sarasota County average$85,331

Homeownership rate

12% above the county average
ZIP 3424086.9%
Sarasota County average77.5%

Nearby ZIP code comparison

See how ZIP 34240 stacks up against neighboring areas by median home value and income.

ZIPAreaMedian home valueMedian income
34240Sarasota$622,100$126,048
34241Sarasota$479,700$113,114
34287North Port$235,400$64,229
34231Sarasota$363,400$69,721
34232Sarasota$332,600$81,041
34275Nokomis$435,600$84,503

Source: U.S. Census Bureau ACS 5-year estimates · Data as of Sep 2026

Area profile

Population

16,160

Median household income

$113,615

Median home value

$1,004,535

Median age

51

Households

6,331

Owner occupied

87.5%

Renter occupied

12.5%

Typical year built

2001

High school

19.9%

Associate degree

10.2%

Bachelor's degree

31.4%

Graduate degree

19.3%

Recent sales in Sarasota, FL 34240

Homes sold (12 mo.)

709

Median sale price

$850,000

Median $/sq ft

$338/sq ft

Public schools nearby

  • K-8 AT CLARK AND LORRIANE

    3.7 mi

  • SARASOTA SUNCOAST ACADEMY

    Elementary · 4.3 mi

34240, FL Housing Market Summary

Current MLS market statistics for active listings in this area.

Active listings203
New listings last 30 days0
Median list price$1,500,000
Median price per sq ft$504
List price range$580,000 - $2,616,000
Median bedrooms3
Median bathrooms3
Median living area1,944 sq ft