North Port-Sarasota-Bradenton, FL · Florida

Manatee County

ZIP 34209

416,020 residents10,496 permits TTM$75,792 median HHI19 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$359,800

ACS 5-Year

Cap rate proxy

6.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

24.5%

HUD FMR ÷ ACS HHI

Net migration

+3.34%

IRS SOI

Permits (TTM)

10,496

Census BPS

Climate risk

97.6

FEMA NRI (0–100)

ZIP 34209

Median home value

$381,518

Gross yield

6.6%

Cap rate

6.6%

Rent gap

0.2%

Affordability

P/I: 5.0R/I: 33.2%

Section 8 detail

SAFMR: $2,100Rent: $1,549Gap: 35.6%
ZIP code breakdown19 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
34207$207,284$1,6709.7%9.1%5.8%
34205$259,447$1,5707.3%7.4%-2.5%
34210$276,860$1,7707.7%7.0%8.5%
34219$416,815$2,4106.9%7.6%-8.9%
34208$319,817$1,7506.6%7.0%-6.6%

Ranked by composite score

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Demographics

Owner-occupied

74.7%

Census ACS

Vacancy rate

21.4%

Census ACS

Bachelor's degree +

34.3%

Census ACS

Rent burdened

54.5%

Census ACS (>30% income)

Median age

49.4

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026