HousingHandbookReference data

U.S. ZIP Code · FL33523

Pasco County · Tampa-St. Petersburg-Clearwater, FL

Typical home value

$263,214[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.3%
5-year / yr
+6.0%
10-year / yr
+8.7%

Relative price

vs U.S.
-7.3%
vs metro
-27.6%
vs state
-24.1%
ZIP 33523 location in FL
Location of ZIP 33523 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 33523 is worth $263,214 — 27.6% below the Tampa-St. Petersburg-Clearwater, FL median. Over the past year, values have fallen 2.3%. Homes here rent for a typical $1,795 a month — a 8.2% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,795[2]
Gross yield
8.2%[2]
Cap rate
4.9%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$1,652[3]

#Climate risk

FEMA National Risk Index ratings for Pasco County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively High
Wildfire
Relatively Moderate
Drought
Very Low
Heat wave
Relatively Moderate
Hurricane
Very High
Tornado
Relatively High
Earthquake
Very Low
Winter weather
No Rating

#Who lives here

Population
19,435[3]
Median household income
$64,826[3]

#Migration

Household moves in and out of Pasco County over a year, from IRS tax-return data.

Net migration
+9,011[5]
Moved in
28,441
Moved out
19,430

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
2
Middle
0
High
0
  • RODNEY B. COX ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · PASCO

    407 students

  • LACOOCHEE ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · PASCO

    298 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield8.2%
Net yield (after ~40% expenses)4.9%
Annual rent$21,540

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,331
Loan principal$210,571
Down payment$52,643
Total interest paid$268,572

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.94
Monthly cost to own$1,688
Monthly rent$1,795

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
71st percentile[1]
Rental yield
84th percentile[2]
Property tax
11th percentile[3]

Frequently asked

How much is a home worth in ZIP code 33523?
The typical home in 33523 is worth $263,214, based on the Zillow Home Value Index.
Are home values rising in 33523?
Home values in 33523 are down 2.3% over the past year, and up 6.0% a year over five years.
What is the typical rent in 33523?
A typical home in 33523 rents for about $1,795 a month, a gross rental yield of 8.2%.
What is the property tax rate in 33523?
The effective property tax rate in 33523 is 0.6% — roughly $1,652 a year on a typical home.
Who lives in 33523?
ZIP code 33523 has a population of 19,435 and a median household income of $64,826.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Tampa, FL

    Typical home
    $261,423
    Gross yield
    8.8%
  • West Lealman CDP, FL

    Typical home
    $266,991
    Gross yield
    8.9%
  • Largo, FL

    Typical home
    $256,814
    Gross yield
    7.9%
  • Lealman CDP, FL

    Typical home
    $271,549
    Gross yield
    7.7%
  • Spring Hill CDP, FL

    Typical home
    $273,361
    Gross yield
    8.1%
  • Sun City Center CDP, FL

    Typical home
    $275,693
    Gross yield
    9.4%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 33523 against any other ZIP — full side-by-side table.

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