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Longboat Key town, FL

ZIP 34228 — 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 34228

Median Home Value
$959,200
Median Rent
$2,604
Affordability Snapshot
$264,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,162/mo PITI).

22%
Rent-to-Income Ratio

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

6.7x
Home Price-to-Income Ratio

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

30.7 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 34228 in Longboat Key town, FL, a household would need roughly $264,000 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 $6,162. That is about 84% above the local median household income ($143,365), 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 58% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
93.7%+43% vs US avg
x
Vacancy Rate
57.7%+460% vs US avg
x
Broadband Access
95.5%+10% vs US avg
x
4+ Bedrooms
1.3%-91% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
40.4%-19% vs US avg
x
Mortgage-Free
71.0%+86% vs US avg
x
$959,200
Home Value
$2,604
Rent
1979
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached21.9%
  • 1-unit attached4.4%
  • 2-9 units10.6%
  • 10+ units59.2%
  • Mobile home & other3.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$959,200
Median rent$2,604
Owner-occupied93.7%
Vacant57.7%
Price-to-income6.7x
Est. income to buy$264,000