ZIP Code 34242

In ZIP code 34242, near Sarasota, households earn a median of $115,967, while per-capita income reaches $124,612. That earning power pairs with a median home value of $1,046,100, so property taxes at the county's 0.75 percent rate run about $7,846 annually. Adding the 7.00 percent combined sales tax, everyday purchases carry a noticeable premium. Even so, the gap between income and housing costs leaves room in most budgets for savings and discretionary spending, though the high home values mean buyers here should plan carefully for ongoing tax bills.