Housing data for Palmer Ranch, FL
Palmer Ranch, FL has an estimated 16,867 residents and 10,392 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Sarasota County.
24.5% of households rent.
The median gross rent is $1,794 a month.
Figures last updated on .
- Residents
- 16,867 (±1,257)
- Housing units
- 10,392 (±622)
- Households that rent
- 24.5%
- Median gross rent
- $1,794
What stands out in Palmer Ranch
Homes built before 1980: 3.4% (±2.0 points) in Palmer Ranch, lower than in Sarasota County (35.7%).
Median home value: $592,900 (±$33,775) in Palmer Ranch, higher than in Sarasota County ($411,800).
Median real estate taxes: $4,363 (±$229) in Palmer Ranch, higher than in Sarasota County ($3,106).
Working from home: 24.4% (±6.7 points) in Palmer Ranch, higher than in Sarasota County (16.6%).
Housing in Palmer Ranch at a glance
- Median rent: $1,794 median gross rent a month
- Rent by bedrooms: $2,004 median gross rent, 2 bedrooms
- Rent burden: 52.3% of renters pay 30% or more of income
- Renters and owners: 24.5% of households rent
- Income and affordability: $102,838 median household income
- Home values: $592,900 median home value
- Homeowner costs: $2,388 median monthly cost with a mortgage
- Property taxes: $4,363 median real estate taxes a year
- Types of homes: 29.1% of homes are in buildings of 5 or more units
- Bedrooms: 55.1% of homes have 3 or more bedrooms
- Age of homes: 3.4% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 5.3% rental vacancy rate
- Heating fuel: 86.0% heat with electricity
- Commute and cars: 24.9 minutes average trip to work
- How long people stay: 35.0% moved in since 2020
- Crowding and facilities: 0.5% of homes have more than 1 person per room
- Fair Market Rent: $2,480 Small Area FMR, 2 bedrooms (ZIP 34238)
Palmer Ranch against Sarasota County, its state and the nation
| Palmer Ranch | Sarasota County | Florida | United States | |
|---|---|---|---|---|
| Residents | 16,867 (±1,257) | 459,547 (exact) | 22,416,077 (exact) | 334,922,499 |
| Housing units | 10,392 (±622) | 266,492 (±163) | 10,256,470 (±942) | 143,775,355 |
| Households that rent | 24.5% (±4.0 points) | 23.3% (±0.7 points) | 32.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,794 (±$99) | $1,818 (±$31) | $1,669 (±$5) | $1,413 |
| Median household income | $102,838 (±$11,687) | $83,416 (±$1,422) | $74,568 (±$284) | $80,734 |
| Median home value | $592,900 (±$33,775) | $411,800 (±$4,642) | $359,000 (±$930) | $332,700 |
| Median real estate taxes (a year) | $4,363 (±$229) | $3,106 (±$64) | $2,730 (±$10) | $3,119 |
| Built before 1980 | 3.4% (±2.0 points) | 35.7% (±1.0 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 24.9 minutes (±2.3) | 24.5 minutes (±0.5) | 28.0 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 94.0% (±2.6 points) | 92.9% (±0.6 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 64.9 years (±1.8) | 57.4 years (±0.2) | 42.6 years (±0.1) | 38.9 years |
Palmer Ranch covers 7.5 square miles of land, about 2,249 residents per square mile (Census Bureau Gazetteer).
Crime reported to police in Sarasota County
Palmer Ranch has no police department of its own in the FBI’s figures, so this is the figure for Sarasota County as a whole.
In 2025, the police departments that report for Sarasota County recorded 135 violent and 769 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Palmer Ranch
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 34238 | 57% | 23,821 | $1,850 | $574,600 | $97,926 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Palmer Ranch
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Vamo | 2.4 mi | $2,500 | $364,400 | 29.2% |
| Osprey | 2.4 mi | $2,196 | $750,000 | 13.4% |
| Gulf Gate | 3.7 mi | $1,768 | $357,500 | 45.4% |
| Bee Ridge | 4.3 mi | $2,118 | $412,400 | 18.5% |
| South Gate Ridge | 4.7 mi | $1,612 | $444,800 | 34.1% |
| Laurel | 4.9 mi | $1,323 | $478,900 | 8.6% |
| Lake Sarasota | 5.2 mi | $1,986 | $381,000 | 29.0% |
| Ridge Wood Heights | 5.3 mi | $1,587 | $370,700 | 23.1% |
Places in Florida most like Palmer Ranch
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Bonita Springs | $1,882 | $497,100 | $95,210 | 18.2% |
| Palm Valley | $1,856 | $690,800 | $116,625 | 18.6% |
| Heathrow | $2,164 | $598,600 | $126,250 | 27.3% |
| Viera West | $2,182 | $546,600 | $109,170 | 18.9% |
| Viera East | $1,681 | $396,700 | $92,467 | 23.8% |
| St. Augustine Beach | $1,807 | $634,400 | $100,802 | 25.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Florida.
HUD Fair Market Rent for Palmer Ranch, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,749 | $1,876 | $2,188 | $2,775 | $3,309 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Palmer Ranch, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $24,000 | $39,950 | $63,950 |
| 2 people | $27,400 | $45,650 | $73,050 |
| 3 people | $30,850 | $51,350 | $82,200 |
| 4 people | $34,250 | $57,050 | $91,300 |
| 5 people | $38,680 | $61,650 | $98,650 |
| 6 people | $44,360 | $66,200 | $105,950 |
| 7 people | $50,040 | $70,750 | $113,250 |
| 8 people | $55,720 | $75,350 | $120,550 |
These are the limits HUD sets for its housing programs in the North Port-Bradenton-Sarasota, FL MSA, where HUD’s median family income for fiscal year 2026 is $109,700.
A program can use its own limits; tax-credit and local programs often do.
Palmer Ranch is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Palmer Ranch
What is the average rent in Palmer Ranch, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Palmer Ranch is $1,794 (±$99) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Palmer Ranch?
The median gross rent for a one-bedroom home in Palmer Ranch, FL is $1,602 (±$218) a month (2020–2024 American Community Survey).
Are renters in Palmer Ranch rent-burdened?
52.3% of renting households in Palmer Ranch pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Palmer Ranch?
Palmer Ranch has an estimated 2,136 (±373) renting households, 24.5% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Palmer Ranch?
The median household income in Palmer Ranch is $102,838 (±$11,687) a year (2020–2024 American Community Survey).
What is the average home value in Palmer Ranch, FL?
The Census Bureau publishes the median: $592,900 (±$33,775) for owner-occupied homes in Palmer Ranch (2020–2024 American Community Survey).
What ZIP codes are in Palmer Ranch?
The ZIP code that covers Palmer Ranch is 34238.
What is the median rent in ZIP code 34238?
The median gross rent in ZIP Code Tabulation Area 34238 is $1,850 (±$100) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palmer Ranch CDP, Florida
- HUD Fair Market Rents, fiscal year 2027: North Port-Bradenton-Sarasota, FL MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: North Port-Bradenton-Sarasota, FL MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Palmer Ranch CDP, Florida (place:54238, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .