Population 19,153 · Census ACS 2020–24
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Population and households in ZIP 34240
Household size in ZIP 34240
| Period | ZIP 34240 | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.91 | 2.40 | 2.63 | 2.68 |
| 2010–14 | 2.53 | 2.42 | 2.73 | 2.73 |
| 2015–19 | 2.93 | 2.53 | 2.75 | 2.71 |
| 2020–24 | 2.55 | 2.35 | 2.63 | 2.65 |
| Change | −0.36 | −0.04 | +0.00 | −0.03 |
Households in ZIP 34240 run a little small, averaging 2.55 people against 2.65 nationally, which usually means more singles and couples and fewer children. Still, the typical household here is bigger than in the wider Sarasota area, where it has 2.35 people. Household size has dropped from 2.91 in 2006–10, a much bigger shift than nationally.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 34240
| Period | ZIP 34240 | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 44.3 | 48.6 | 40.8 | 37.7 |
| 2010–14 | 49.6 | 49.9 | 42.0 | 38.6 |
| 2015–19 | 50.3 | 51.4 | 43.0 | 39.6 |
| 2020–24 | 50.8 | 52.0 | 43.5 | 40.1 |
| Change | +6.4 | +3.4 | +2.7 | +2.3 |
With a median age of 50.8, ZIP 34240 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. Since 2006–10, the median age has climbed from 44.3, mirroring the country. Residents skew youngest in the southwest and oldest in the southeast.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 34240
| Period | ZIP 34240 | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.6% | 9.4% | 12.4% | 12.3% |
| 2010–14 | 5.0% | 9.0% | 12.2% | 12.3% |
| 2015–19 | 6.2% | 8.0% | 11.5% | 11.6% |
| 2020–24 | 6.5% | 7.2% | 11.4% | 11.6% |
| Change | −1.0 pts | −2.2 pts | −1.0 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 34240: 6.5% of households, against 11.6% nationally. The single-parent share is down 1.0 points from 2006–10, in line with the national trend. ZIP 34240 has a lower share of single-parent households than the great majority of Florida ZIP codes.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 34240
Renters in ZIP 34240
| Period | ZIP 34240 | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 3.5% | 24.0% | 30.3% | 33.3% |
| 2010–14 | 9.8% | 27.8% | 33.9% | 35.6% |
| 2015–19 | 5.3% | 26.0% | 34.6% | 36.0% |
| 2020–24 | 18.0% | 24.4% | 32.4% | 34.8% |
| Change | +14.5 pts | +0.3 pts | +2.1 pts | +1.5 pts |
Only 18.0% of households in ZIP 34240 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. About four in ten owners (41.1%) have paid off their mortgages, about the same as nationally. Since 2006–10, the renter share has risen 14.5 points, a much bigger shift than nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 34240
| Period | ZIP 34240 | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.8% | 21.0% | 17.2% | 11.4% |
| 2010–14 | 8.8% | 20.3% | 17.6% | 11.4% |
| 2015–19 | 28.2% | 20.2% | 15.4% | 11.1% |
| 2020–24 | 10.3% | 16.8% | 12.5% | 9.6% |
| Change | −0.5 pts | −4.1 pts | −4.8 pts | −1.8 pts |
About as many homes sit empty in ZIP 34240 as nationally: 10.3%, against 9.6%. The rate is lower than in the Sarasota area as a whole (16.8%). Vacancy has edged down 0.5 points since 2006–10, a smaller shift than nationally.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 34240
| Period | ZIP 34240 | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 1995 | 1985 | 1984 | 1974 |
| 2010–14 | 1994 | 1986 | 1985 | 1975 |
| 2015–19 | 1996 | 1987 | 1986 | 1977 |
| 2020–24 | 2005 | 1993 | 1989 | 1980 |
| Change | +10 | +8 | +5 | +6 |
Much of the housing in ZIP 34240 is relatively new: half of its homes were built after 2005, compared with 1980 for the U.S. as a whole. The median year built has moved up from 1995 in 2006–10, a sign of steady new building. The newest homes are mostly in the north, the oldest in the southwest. Only 54 of the 807 Florida ZIP codes with 5,000+ people have newer homes.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 34240
| Period | ZIP 34240 | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,735 | $1,142 | $1,092 | $965 |
| 2010–14 | $1,043 | $1,131 | $1,123 | $1,040 |
| 2015–19 | $1,575 | $1,399 | $1,323 | $1,213 |
| 2020–24 | $2,534 | $1,992 | $1,816 | $1,571 |
| Change | +$800 | +$850 | +$724 | +$606 |
The median renter in ZIP 34240 pays $2,534 a month for rent and utilities, well above the national median of $1,571. Rents are up $800 a month from 2006–10, a 46% rise, a slower climb than the nation's. The typical renter here spends 30.3% of household income on rent, just over the 30% mark often used to define affordable rent. Of the 807 Florida ZIP codes with 5,000+ people, only 53 have higher rents.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 34240
Bachelor's degrees in ZIP 34240
| Period | ZIP 34240 | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 38.3% | 27.4% | 26.4% | 28.4% |
| 2010–14 | 40.3% | 29.2% | 27.0% | 29.6% |
| 2015–19 | 45.4% | 32.4% | 30.0% | 32.1% |
| 2020–24 | 49.1% | 39.7% | 34.6% | 35.6% |
| Change | +10.8 pts | +12.4 pts | +8.2 pts | +7.2 pts |
ZIP 34240 is highly educated: about half of adults 25 and older (49.1%) hold at least a bachelor's degree, far above the national share of 35.6%. Since 2006–10, the share with a degree has risen 10.8 points, in line with the national trend. College graduates are most concentrated in the southwest and least in the north.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 34240
| Period | ZIP 34240 | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 95.7% | 88.4% | 85.5% | 84.9% |
| 2010–14 | 93.2% | 89.8% | 86.5% | 86.1% |
| 2015–19 | 96.2% | 91.2% | 88.2% | 87.7% |
| 2020–24 | 97.8% | 93.1% | 90.0% | 89.3% |
| Change | +2.1 pts | +4.7 pts | +4.4 pts | +4.3 pts |
Finishing high school is nearly universal in ZIP 34240: 97.8% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has risen 2.1 points since 2006–10, mirroring the country. Of the 807 Florida ZIP codes with 5,000+ people, only 29 have a higher share of high school graduates.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 34240
| Period | ZIP 34240 | Sarasota area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.6% | 8.9% | 8.9% | 8.1% |
| 2010–14 | 6.4% | 9.7% | 11.0% | 9.4% |
| 2015–19 | 2.8% | 5.1% | 5.7% | 5.6% |
| 2020–24 | 1.4% | 4.1% | 4.8% | 5.4% |
| Change | −4.2 pts | −4.8 pts | −4.1 pts | −2.7 pts |
Unemployment in ZIP 34240 has been low: just 1.4% of the labor force was out of work and looking, well below the national rate of 5.4%. Of the 807 Florida ZIP codes with 5,000+ people, only three have lower unemployment. Since 2006–10, unemployment has fallen 4.2 points, as it has nationally.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 34240 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 34240 | 2.55 | 50.8 | 6.5% | 18.0% | 10.3% | 2005 | $2,534 | 49.1% | 97.8% | 1.4% |
| ZIP 34241 | 2.57 | 48.9 | 4.8% | 11.5% | 9.8% | 1993 | $1,629 | 50.1% | 96.7% | 3.6% |
| ZIP 34232 | 2.24 | 47.2 | 8.7% | 33.0% | 10.1% | 1983 | $1,982 | 35.3% | 93.5% | 3.0% |
| ZIP 34233 | 2.26 | 49.7 | 5.8% | 24.6% | 11.2% | 1989 | $1,989 | 44.3% | 95.4% | 2.0% |
| ZIP 34235 | 2.20 | 55.7 | 6.8% | 25.0% | 13.1% | 1982 | $1,693 | 36.5% | 93.2% | 3.6% |
| ZIP 34202 | 2.43 | 55.5 | 4.8% | 20.8% | 11.7% | 2008 | $2,400 | 57.3% | 97.3% | 3.8% |
| ZIP 34201 | 2.17 | 64.5 | 4.3% | 5.8% | 19.6% | 2002 | $2,364 | 66.8% | 98.2% | 3.1% |
| ZIP 34237 | 2.22 | 42.2 | 10.0% | 51.3% | 18.4% | 1974 | $1,708 | 27.1% | 89.0% | 3.4% |
| ZIP 34238 | 2.00 | 61.4 | 4.8% | 23.7% | 16.1% | 2001 | $2,133 | 55.5% | 97.4% | 1.7% |
| ZIP 34239 | 2.13 | 54.4 | 7.2% | 24.4% | 15.6% | 1964 | $1,676 | 46.3% | 94.3% | 2.5% |
| ZIP 34231 | 2.07 | 54.9 | 7.7% | 35.0% | 16.7% | 1977 | $1,961 | 40.6% | 94.2% | 4.3% |
All figures 2020–24.
Zip codes with similar populations: 03087, NH · 06119, CT · 07063, NJ · 07446, NJ · 07828, NJ · 07882, NJ · 13057, NY · 10804, NY · 10960, NY · 11968, NY
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 34240. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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