We pulled the data primarily from www.incomebyzipcode.com,www.census.govand www.city-data.com. 1 33109 Miami Beach $3,400,000 Miami-Dade County, 2 33921 Boca Grande $1,290,000 Lee County, 3 33122 Miami $1,094,100 Miami-Dade County, 4 33149 Key Biscayne $904,500 Miami-Dade County, 5 34216 Anna Maria $900,000 Manatee County, 10 32461 Inlet Beach $680,000 Walton County, 11 34228 Longboat Key $672,500 Sarasota County, 12 33158 Miami $660,000 Miami-Dade County, 14 33154 Miami Beach $610,000 Miami-Dade County, 16 33036 Islamorada $581,250 Monroe County, 17 32963 Vero Beach $562,500 Indian River County, 18 34242 Sarasota $550,857 Sarasota County, 19 34236 Sarasota $535,000 Sarasota County, 20 33332 Fort Lauderdale $522,000 Broward County, 21 33786 Belleair Beach $520,000 Pinellas County, 23 33051 Key Colony Beach $507,500 Monroe County, 24 33473 Boynton Beach $505,000 Palm Beach County, 26 33076 Pompano Beach $500,000 Broward County, 27 33133 Miami $438,750 Miami-Dade County, 28 33037 Key Largo $488,350 Monroe County, 29 34145 Marco Island $487,500 Collier County, 30 34217 Bradenton Beach $485,000 Manatee County, 31 33140 Miami Beach $482,000 Miami-Dade County, 32 33432 Boca Raton $475,000 Palm Beach County, 33 33483 Delray Beach $471,250 Palm Beach County, 34 33042 Summerland Key $470,250 Monroe County, 35 33480 Palm Beach $465,000 Palm Beach County, 36 33327 Fort Lauderdale $440,000 Broward County, 37 33070 Tavernier $439,500 Monroe County, 38 33767 Clearwater Beach $435,000 Pinellas County, 39 34134 Bonita Springs $430,000 Lee County, 40 33606 Tampa $425,000 Hillsborough County, 41 32459 Santa Rosa Beach $425,000 Walton County, 42 33316 Fort Lauderdale $425,000 Broward County, 43 33629 Tampa $425,000 Hillsborough County, 44 33134 Miami $415,375 Miami-Dade County, 45 33330 Fort Lauderdale $413,900 Broward County, 47 33331 Fort Lauderdale $407,250 Broward County, 48 33449 Lake Worth $405,800 Palm Beach County, 49 33301 Fort Lauderdale $400,000 Broward County, 50 33129 Miami $400,000 Miami-Dade County. ", Harry Leopold, a retired investment banker who was drawn to the city 25 years ago in part by its cultural offerings, this season is paying all costs, including lunch and tickets, to send 5,000 Sarasota high school students to Asolo Rep productions, including The Grapes of Wrath. ***, There are 2,318 residences in University Park, FL 34201. Still, Otto says, these days, "typically, you have a retiree who's happy with a burn rate of 4 percent. SoSo what do you really need to be considered wealthy? Although the states real estate scene has become more and more a sellers market, at the top end buyers are still in control. 2022 Corcoran Group LLC. United States portal v t e Florida has the eighteenth highest per capita income in the United States of America, at $21,557 (2000). The average school expenditure in the U.S. is $12,383. Sarasota Magazine Home; Florida Atlas . Home to some of the most luxurious real estate in the country, a picture of Floridas most expensive zip codes wouldnt be complete without also taking a look at the largest residential transaction of 2016. 90077 (Bel Air, California) Sundry Photography / Shutterstock Average income: $750,900 It probably comes as no surprise that the City of Angels falls on this list. Most of the households in this area have a mortgage or are owned, and most owners built them in the 2000s. So without further delay, let's look at the 25 most expensive zip codes in the country. Unlike the typical Jack-and-Jill retiree, who had to wait to sell a house in order to move to Florida, these folks could move here more quickly.". 33572 (Apollo Beach) - Median household income: $88,654 - Households earning over $100,000: 44.5%% #9. For quality of life and home value, Gulf Gate is a promising community in which to live. Please feel free to contact our team for any further questions. Business journalist Rich Rescigno reports on who they are--and why they're coming. WEST PALM BEACH, FL,9-12,119 Niche users give it an average review of 3.8 stars. If they want some excitement, we can put them into some of the new technologies, like 3D printing, nanotechnology, or something else, but with only 5 percent of their assets. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Two-bedroom residences are the most common availabilities, but there are one-bedroom, three-bedroom and studio apartments available as well. Data show ongoing difficulties in finding work, affording food, and paying the rent. Lakewood is an excellent community filled with award-winning homes, pristine trails, and sparkling lakes. Quite an achievement, because artists with computer-animation skills are much in demand by entertainment, software and digital-imaging companies around the globe. The No. All totaled, 30 zip codes had median home sales prices of $3 million or higher this year. Image Source: Height Advantage Media / Shutterstock, By Angela Schivinski Florida Weekly | Source: US Internal Revenue Service - 2018. U.S. Geological Survey [Updated as needed]. 33432 (Boca Raton) - Typical home value: $689,452 But I've now got some large Italian clients; they're fleeing Europe and its underlying economic problems. #6 Best ZIP Codes to Buy a House in Sarasota County. And prices are still 20 percent below the peak, meaning that what someone paid $5 million for back in 2005 can now be had for $4 million. Which Local Zip Codes Are Among Floridas Priciest? Furthermore, in 2016 a local conservation group purchased 30 acres of waterfront property the $20+ million holding will raze all existing structures and convert it into a nature sanctuary. distribution partner, email us at "Afterwards," he recalls with a laugh, "one of them told me that he thought it would suck, but he was surprised by how much he liked it.". Consider the popularity of the annual Forbes lists of the world's richest people (current champ: Mexican tycoon Carlos Slim Helu, with $73 billion), TV's long-running Lifestyles of the Rich and Famous, the movie The Wolf of Wall Street and the torrent of newspaper, magazine and Internet articles on rich athletes, actors, comedians, singers, hedge-fund chiefs, CEOs, politicians, investment bankers, lottery winners and heirs, preferably misbehaving ones. We pulled the data primarily from www.incomebyzipcode.com , www.census.gov and www.city-data.com . 3551 Main Highway EWM Realty InternationalHome to some of the mostluxurious real estatein the country, a picture of Floridas most expensive zip codes wouldnt be complete without also taking a look at thelargest residential transaction of 2016. As noted, that figure doesn't say much about the true income of wealthy individuals with lots of tax-free money coming in, but it does say a lot more about the typical worker. Sarasota Homes for Sale $451,038 Bradenton Homes for Sale $384,525 Palmetto Homes for Sale $387,406 Ruskin Homes for Sale $349,995 Parrish Homes for Sale $491,762 Lakewood Ranch Homes for Sale $679,975 Nokomis Homes for Sale $569,895 Gulfport Homes for Sale $371,485 Ellenton Homes for Sale $425,596 Saint Pete Beach Homes for Sale $690,550 The well-heeled foreigners who can afford this often want a second home in Sarasota, to keep track of their offspring. How much does it take for Sarasotans to feel comfortable in retirement? WEALTH IN THE UNITED STATES Highest income zip codes in FLORIDA What are the wealthiest cities in FLORIDA? Says Michael Saunders: "There is no absolute 'best address' in Sarasota. * 33109in Miami Beach is Floridas #1 most expensive zip code and the 4thmost expensive nationally* Floridas top 3 zip codes boastseven-figure median sale prices* Miami and Fort Lauderdale are home to the highest number of zips 6 each. Prices in the luxury segment have continued to dropover the last year a trend that is expected to gain traction well into 2018. It also has a smaller population density. Featured Review: Senior says I have attended Gulliver for years and they run an amazing educational system. Thus, they have the tendency to overlap . 33715 (Saint Petersburg) According to Phoenix Marketing International, a Rhinebeck, N.Y., firm that tracks affluence trends for its clients, the North Port-Sarasota-Bradenton federal metropolitan statistical area has 17,005 millionaire households, which it defines as those with at least $1 million in investable assets, not counting real estate or employer-sponsored retirement accounts, such as 401(k)s. And 2,450 of these have $5 million or more. 5395 All data from the IRS "We don't need more tourism or service-industry jobs. While the county's jobless rate, as of November, was 6.1 percent, well below both Florida's and the nation's, a lot of the available work is in low-wage service industries. Furthermore, in 2016 a local conservation group purchased 30 acres of waterfront property the $20+ million holding will raze all existing structures and convert it into a nature sanctuary. Longboat Key is a barrier island outside of Sarasota and is the 4th wealthiest zip code in Florida. One U.S. Treasury Department study found, for example, that fewer than half of those in the top 1 percent of income in 1996 were still there in 2005. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. Sarasota does have a couple of great advantages, however: the beauty of its coastline, a relatively modest cost of living, the growing dynamism of its downtownover the past three decades, it's undergone a Joan Rivers-grade facelift, but one that actually succeededand its reputation as a center for the visual and performing arts. These are lofty figures compared to national median household incomes. Zip Codes with the Highest Median Household Income in Florida Florida Report: Median Household Income % Construction Jobs % Cubans % Czechs % Danish % Detached % Drive to Work % Dutch % Electrical % English % Farming Jobs % Filipinos % French % French Canadians % Fuel/Oil % Germans % Gov. 34229 has a land area of six square miles and a water area of 2.17 square miles. Median home sale price in 2022: $4,293,000. The EDC has had some success stories. Residents in two Lakewood Ranch ZIP codes (34202 and 34211), Manatee River (34212), University Park (34201) and Siesta Key (34242) all live in zip codes where the median household income is above $90,000. Featured Review: . Address, Lookup ZIP Code of any City, State, County or Area Code. Continue with Recommended Cookies. The first order of business is: 'Don't screw up.'" Other notable residents include George H. W. Bushs family, Henry Ford, Thomas Edison and Harrison Ford. With a year-round population of 1,700, the island is also a coveted snowbird destination, as well as a summer holiday hotspot for high-end travelers. ft., 3 bed, 3 full bath house located at 500 Estero Boulevard 198, Fort Myers Beach, FL 33931 on sale for $2,195,000. And the financial markets recovered a lot faster than the housing market did. Rancho Santa Fe, California ( 92067) Median home sale price in 2022: $4,275,000. All of my teachers knew me by name and helped me one-on-one if I asked. Check out the most expensive zip codes in Florida below: 1 33109 Miami Beach $3,400,000 Miami-Dade County 2 33921 Boca Grande $1,290,000 Lee County 3 33122 Miami $1,094,100 Miami-Dade County 4 33149 Key Biscayne $904,500 Miami-Dade County 5 34216 Anna Maria $900,000 Manatee County 6 34102 Naples $848,000 Collier County . "I call it working wealth, and where it goes is very important to a region's overall economic health and its residents' ability to build real wealth," Brown says. (See table, below left.). Some of that $95.61 billion shifted to the Sunshine State because companies moved here or were started here. The more you feel a sense of community, the more you're willing to support that community. In case youre wondering, the cost of living average for all cities across the nation is 100. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. today and speak to an agent for more information on our services and products. Offsetting this, somewhat, is the region's unusually robust charitable communityone of the largest for any county of its size in the United States and one particularly attuned to societal problems and the arts. That's twice the number of last year. Prices in the luxury segment have continued to drop over the last year a trend that is expected to gain traction well into 2018. Doing that would balloon the numbers significantly. Two Sarasota zip codes, 34242 (that's Siesta Key) and 34236 ( Bird Key, Lido and St. Armands Keys and downtown Sarasota for the most part), are 18 th and 19 th respectively, with median. The Villages, FL News. The median home cost in Sarasota (zip 34241) is Real Estate: $438,500. In any case, there are a lot of well-off folks in Sarasota, and many are here because of a powerful national trend. - Pictured: 8218 Sanderling Rd, Sarasota ($14.0 million, 6 bedrooms) #20. The bad news is that it would take thousands of BioLucids to generate economic value equal to what imported wealth now provides. How many wealthyor in Wall Street's tortured parlance, high-net-worthindividuals live here? I have sent all of my kids there and the education they get there is bar none. Its personal per capita income is $30,446 (2003). Florida has the eighteenth highest per capita income in the United States of America, at $21,557 (2000). If you are interested in buying or selling a single-family home, condo, or even a 55+ community. Two Sarasota zip codes, 34242 (thats Siesta Key) and 34236 (Bird Key, Lido and St. Armands Keys and downtown Sarasota for the most part), are 18th and 19th respectively, with median sale prices of $550,857 and $535,000. Longboat Key, 34228, is the 11th most expensive zip code in Florida, with a median sale price of $672,500. The charming Old Florida town is home to a bevy of stately mansions and historic structures. You might call it a place with chocolate on the door, a place they can just move into, without having to tear something down, wait a year for a new house to be built, or spend two years renovating a property that, in the end, might not be exactly what they want. The 10 Richest Socialist Countries in the World. Net Worth | Real Estate. 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