US5.com
  1. Home
  2. States
  3. Florida
  4. ZIP 34202
  5. Housing & Real Estate
Lakewood Ranch CDP, FL

ZIP 34202 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 34202

Median Home Value
$620,700
Median Rent
$1,896
Affordability Snapshot
$171,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,987/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

27.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 34202 in Lakewood Ranch CDP, FL, a household would need roughly $171,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,987. That is about 39% above the local median household income ($123,210), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
78.6%+20% vs US avg
x
Vacancy Rate
13.9%+35% vs US avg
x
Broadband Access
95.9%+10% vs US avg
x
4+ Bedrooms
3.9%-74% vs US avg
x
Built Pre-1939
0.3%-97% vs US avg
x
Built Post-2014
4.8%-30% vs US avg
x
Rent Burden >30%
19.3%-61% vs US avg
x
Mortgage-Free
44.4%+16% vs US avg
x
$620,700
Home Value
$1,896
Rent
2007
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached72.4%
  • 1-unit attached6.6%
  • 2-9 units5.6%
  • 10+ units14.8%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$620,700
Median rent$1,896
Owner-occupied78.6%
Vacant13.9%
Price-to-income5.0x
Est. income to buy$171,000