Sarasota, FL · standard
ZIP Code 34240
Sarasota County, Florida - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 11,501
- 65/sq mi Moderate-density area
- $130,148
- Median income Above-median income area
- $698,800
- Median home value Above-median home value
- 49.4%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Sarasota pairs a top-decile household income with top-decile home values, in a rural, homeowner-dominated area.
- Top 7%
- household income, US ZIPs
- Top 6%
- home value, US ZIPs
- 65
- people per sq mi
- 82%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 34240 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 34240 (Sarasota, FL) fell -25.2% from 2023 to 2024. The all-transactions index moved from 386.1 in 2023 to 288.6 in 2024 (2000 = 100).
ZIP code 34240 is a mid-sized community (a standard USPS delivery area) in Sarasota, Sarasota County, Florida, home to 11,501 residents across 176.9 square miles, a density of 65 people per square mile, in the New York time zone.
ZIP 34240 skews affluent, with a median household income of $130,148 (69% above the average Florida ZIP), while per-capita income is $62,197. Both reported hardship measures are comparatively low in absolute terms: poverty is 2.9% and unemployment is 1.1%. Housing is both higher-cost and owner-heavy: median home value is $698,800 (86% above the average Florida ZIP), while 81.8% of occupied homes are owner-occupied and median rent is $2,549.
A solid share of residents have a four-year degree: 49.4% of adults hold a bachelor's degree or higher, the median age is 49.7, and the average commute is 24 minutes. The page also surfaces 9 ZIP codes within roughly 10 miles and 6 more in Sarasota County, so 34240 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 34240
Top 5 sectors by establishment count in Sarasota, FL
Which industries have the most business establishments in ZIP 34240.
- Construction
Construction
246 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
211 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
115 establishments
- Health care and social assistance
Health care and social assistance
99 establishments
- Real estate and rental and leasing 92
Real estate and rental and leasing
92 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 34240, Sarasota, FL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
11,501
Population
176.9
Area (sq mi)
65
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 34240?
49.7
Median Age
48.3%
Male
51.7%
Female
9.4%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$130,148
Median Household Income
+69% vs state ZIP avg
$62,197
Per Capita Income
2.9%
Poverty Rate
1.1%
Unemployment Rate
24.3 min
Mean Commute Time
How ZIP 34240 ranks among Florida ZIPs
Sarasota, FL household income vs. every Florida ZIP code
Median household income among 946 reporting Florida ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$130,148 Top 4% higher than 96% of 946 Florida ZIPs
Each bar is a $20K-wide band; taller bars hold more Florida ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
8,657housing units
8,657
Total Housing Units
7,390
Occupied Units
1,267
Vacant Units
2.54
Avg Household Size
Occupancy Type
$698,800
Median Home Value
+86% vs state ZIP avg
$2,549
Median Rent
2003
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
-25.2%
YoY Change (2024)
289
HPI Index (2000 = 100)
+189%
Total Change Since 2000
Home values in ZIP 34240 have decreased 25.2% over the past year (2024). Since 2000, this ZIP has seen +189% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.5% | 204 |
| 2021 | +20.3% | 246 |
| 2022 | +24.6% | 306 |
| 2023 | +26.1% | 386 |
| 2024 | -25.2% | 289 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 1,255 business establishments in ZIP 34240, employing approximately 15,384 people with a combined annual payroll of $1,142,750,000.
1,255
Businesses
15,384
Employees
$1.1B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 246 | 19.6% |
| Professional, scientific, and technical services | 211 | 16.8% |
| Administrative and support and waste management and remediation services | 115 | 9.2% |
| Health care and social assistance | 99 | 7.9% |
| Real estate and rental and leasing | 92 | 7.3% |
| Finance and insurance | 81 | 6.5% |
| Retail trade | 79 | 6.3% |
| Wholesale trade | 76 | 6.1% |
| Other services (except public administration) | 76 | 6.1% |
| Manufacturing | 52 | 4.1% |
| Accommodation and food services | 30 | 2.4% |
| Transportation and warehousing | 29 | 2.3% |
| Arts, entertainment, and recreation | 21 | 1.7% |
| Educational services | 16 | 1.3% |
| Information | 15 | 1.2% |
| Management of companies and enterprises | 10 | 0.8% |
| Agriculture, forestry, fishing and hunting | 4 | 0.3% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 34240 vs 34202 →
ZIP 34240 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 34232
Sarasota (34232)
30,969 residents
- 34202
Bradenton (34202)
19,816 residents
- 34238
Sarasota (34238)
17,500 residents
- 34233
Sarasota (34233)
16,653 residents
- 34235
Sarasota (34235)
13,640 residents
- 34241
Sarasota (34241)
13,590 residents
- 34240 11,501
Sarasota (34240)
11,501 residents
- 34229 7,192
Osprey (34229)
7,192 residents
- 34201 3,682
Bradenton (34201)
3,682 residents
What this shows Among its immediate neighbors, ZIP 34240 ranks #7 by population - useful context the national average alone can't give.
ZIP 34240 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 34240
Sarasota (34240)
$130,148 median income
- 34201
Bradenton (34201)
$124,863 median income
- 34202
Bradenton (34202)
$121,659 median income
- 34211
Bradenton (34211)
$119,911 median income
- 34241
Sarasota (34241)
$116,412 median income
- 34229
Osprey (34229)
$103,657 median income
- 34238
Sarasota (34238)
$97,926 median income
- 34232
Sarasota (34232)
$80,795 median income
- 34235
Sarasota (34235)
$78,958 median income
What this shows By household income, ZIP 34240 ranks the highest of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 34202 | Bradenton, FL | 19,816 | 5.4 mi |
| 34241 | Sarasota, FL | 13,590 | 6.7 mi |
| 34232 | Sarasota, FL | 30,969 | 7.7 mi |
| 34211 | Bradenton, FL | 2,775 | 7.9 mi |
| 34235 | Sarasota, FL | 13,640 | 8.1 mi |
| 34233 | Sarasota, FL | 16,653 | 8.6 mi |
| 34201 | Bradenton, FL | 3,682 | 8.6 mi |
| 34238 | Sarasota, FL | 17,500 | 10.6 mi |
| 34229 | Osprey, FL | 7,192 | 13.2 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 34240, both outside FL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (11,501 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Sarasota County
Related Areas
Frequently Asked Questions
What county is ZIP code 34240 in?
ZIP code 34240 (Sarasota) is located in Sarasota County, Florida. Sarasota County contains multiple ZIP codes, see the full list at /counties/sarasota-fl.
What is the population of ZIP code 34240?
ZIP code 34240 in Sarasota, FL has a population of 11,501 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 34240?
The median household income in ZIP 34240 is $130,148, which is 71% above the national average of $76,288.
What is the average home value in ZIP 34240?
The median home value in ZIP 34240 is $698,800, which is 151% above the national average of $278,155.
What is the demographic makeup of ZIP 34240?
The largest racial group in ZIP 34240 is White at 86.9%. Hispanic or Latino residents make up 8.1% of the population.
How many businesses are in ZIP code 34240?
ZIP code 34240 has 1,255 business establishments employing approximately 15,384 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 34240?
The top industries by establishment count in ZIP 34240 are: Construction (246), Professional, scientific, and technical services (211), Administrative and support and waste management and remediation services (115). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 34240?
According to the FHFA House Price Index, home values in ZIP 34240 decreased by 25.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 189%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 34240?
In ZIP code 34240, 70.3% of residents aged 25+ have a high school diploma or higher, and 49.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 34240?
The mean commute time for workers in ZIP code 34240 is 24.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 34240?
In ZIP code 34240, approximately 81.8% of occupied housing units are owner-occupied and 18.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 34240?
The poverty rate in ZIP code 34240 is 2.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 34240's numbers, next.
- See how ZIP 34240 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Sarasota, FL ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.