HousingHandbookReference data

U.S. ZIP Code · FL33542

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

Typical home value

$228,548[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.7%
5-year / yr
+6.2%
10-year / yr
+9.2%

Relative price

vs U.S.
-19.5%
vs metro
-37.1%
vs state
-34.1%
ZIP 33542 location in FL
Location of ZIP 33542 in FL

Price history

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

The typical home in 33542 is worth $228,548 — 37.1% below the Tampa-St. Petersburg-Clearwater, FL median. Over the past year, values have fallen 3.7%. Homes here rent for a typical $1,542 a month — a 8.1% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent
$1,542[2]
Gross yield
8.1%[2]
Cap rate
4.9%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$1,733[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
23,612[3]
Median household income
$49,316[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
4
Elementary
2
Middle
1
High
1
  • ZEPHYRHILLS HIGH SCHOOL

    High · Grades 9–12 · PASCO

    1,740 students

  • RAYMOND B. STEWART MIDDLE SCHOOL

    Middle · Grades 6–8 · PASCO

    965 students

  • WOODLAND ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · PASCO

    794 students

  • WEST ZEPHYRHILLS ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · PASCO

    621 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 yield8.1%
Net yield (after ~40% expenses)4.9%
Annual rent$18,505

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$1,156
Loan principal$182,839
Down payment$45,710
Total interest paid$233,201

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 ratio0.97
Monthly cost to own$1,491
Monthly rent$1,542

Owning and renting are roughly even.

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
77th percentile[1]
Rental yield
81st percentile[2]
Property tax
53rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 33542?
The typical home in 33542 is worth $228,548, based on the Zillow Home Value Index.
Are home values rising in 33542?
Home values in 33542 are down 3.7% over the past year, and up 6.2% a year over five years.
What is the typical rent in 33542?
A typical home in 33542 rents for about $1,542 a month, a gross rental yield of 8.1%.
What is the property tax rate in 33542?
The effective property tax rate in 33542 is 0.8% — roughly $1,733 a year on a typical home.
Who lives in 33542?
ZIP code 33542 has a population of 23,612 and a median household income of $49,316.

#Comparable ZIPs

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

  • Bayonet Point CDP, FL

    Typical home
    $226,886
    Gross yield
    9.2%
  • Holiday CDP, FL

    Typical home
    $224,430
    Gross yield
    9.3%
  • Holiday CDP, FL

    Typical home
    $219,313
    Gross yield
    9.1%
  • New Port Richey, FL

    Typical home
    $218,064
    Gross yield
    9.3%
  • New Port Richey East CDP, FL

    Typical home
    $249,970
    Gross yield
    7.8%
  • Largo, FL

    Typical home
    $250,559
    Gross yield
    7.2%

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