ZIP Code 34229

In ZIP code 34229, near Sarasota, homes carry a median value of $692,700, and the county's 0.75% effective property tax rate works out to roughly $5,195 a year on such a home. Households here earn a median of $103,657, with per-capita income at $77,211, so that tax bill equals about 5% of median household earnings. Combined with a 7.00% sales tax rate, ownership costs stay tied closely to income. High home values push absolute tax dollars upward even though the rate itself is low.