ZIP Code 34242 -- Crescent beach, FL

Sarasota | 2024 American Community Survey Data

Key Insights

  • Households here earn 1.5x the national median income — placing this ZIP code in the top tier of American prosperity.
  • Home prices are 9x the local median income — well above the recommended 3-5x ratio, suggesting a very expensive housing market.
  • With 67.77% holding a bachelor's degree or higher, this is one of the most highly educated ZIP codes in the country (national average: 33.7%).
  • 34.41% of workers here work from home — more than double the pre-pandemic national average, reflecting the shift to remote work.
  • The median age of 65.50 years suggests a retirement-oriented community, well above the national median of 38.9 years.

Quick Overview

Population
7,529
Unknown
Median Income
$115,967
Home Value
$1,046,100
Median Rent
$2,932
Median Age
65.50
Diversity Index
19.30
Very Low
Cost of Living
321.9
very high
Unemployment
3.7%

About ZIP Code 34242

ZIP code 34242 in Crescent Beach, Florida is a unknown area with a population of 7,529. The median household income is $115,967, which is This is 55% above the national median of $75,000.. The median home value is $1,046,100, representing a price-to-income ratio of 9x . The cost of living is very high with an index of 321.9 (the national average is 100). Residents have a median age of 65.50 years. Approximately 67.8% of adults hold a bachelor's degree or higher. This ZIP code is located in Sarasota, FL.

Population & Age

Total Population
7,529
Median Age
65.50
Male Population
3,750
49.8%
Female Population
3,779
50.2%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
19.30 Very Low
White
92.7%
Black or African American
0.2%
Hispanic or Latino
3.4%
Asian
2.1%
Native American
0.1%
Pacific Islander
0.0%
Two or More Races
3.6%
Other Race
1.4%

Racial Composition

Income & Economy

Median Household Income
$115,967
Mean Household Income
$231,318
Per Capita Income
$124,612
Below Poverty Line
6.4%

This is 55% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$1,046,100
Median Rent
$2,932
Total Housing Units
10,304
Occupied Units
4,014
Vacant Units
6,290
61.0% vacancy
Median Year Built
1976
Owner Occupied
90.4%
Renter Occupied
9.6%
Price-to-Income Ratio 9x

Housing is expensive relative to income

Ownership vs Rental

Owner 90.4% Renter 9.6%

Education

High School Diploma or Higher 97.4%
Bachelor's Degree or Higher 67.8%
Graduate or Professional Degree 31.7%

Employment & Commuting

Civilian Labor Force
2,171
Employment Rate
96.3%
Unemployment Rate
3.7%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
54.9%
Carpool
3.3%
Public Transit
0.5%
Work from Home
34.4%

Cost of Living Index

321.9
very high

The cost of living in ZIP code 34242 is 221.9% above the national average of 100.

0 National Avg (100) 200

Compare 34242 with:

Compare 34242 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Sarasota

ZIP Code City Population Median Income
34293 South venice 50,278 $90,038
34232 Forest lakes 34,013 $80,795
34231 South trail 32,404 $69,925
34287 North port 25,929 $63,464
34238 Sarasota square 23,821 $97,926
34234 Meadows village 22,986 $57,288

Frequently Asked Questions about ZIP Code 34242

ZIP code 34242 (Crescent beach, FL) has a total population of 7,529 according to the 2024 American Community Survey. The median age is 65.50 years.

The median household income in ZIP code 34242 is $115,967 per year, based on 2024 Census Bureau data. This is 55% above the national median of $75,000.

ZIP code 34242 is primarily located in Crescent beach, Florida (FL). It falls within Sarasota County.

The median home value in ZIP code 34242 is $1,046,100, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $2,932.

The median age in ZIP code 34242 is 65.50 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 34242 has a cost of living index of 321.90 (national average = 100). This means the cost of living is very high compared to the national average.

In ZIP code 34242, 67.77% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 31.71% hold a graduate or professional degree.

The unemployment rate in ZIP code 34242 is 3.68%, which is above the national average of 3.6%. About 34.41% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.