HousingHandbookReference data

U.S. ZIP Code · FL34606

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

Typical home value

$273,361[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.5%
5-year / yr
+6.8%
10-year / yr
+9.8%

Relative price

vs U.S.
-3.8%
vs metro
-24.8%
vs state
-21.2%
ZIP 34606 location in FL
Location of ZIP 34606 in FL

Price history

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

The typical home in 34606 is worth $273,361 — 24.8% below the Tampa-St. Petersburg-Clearwater, FL median. Over the past year, values have fallen 3.5%. Homes here rent for a typical $1,839 a month — a 8.1% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
$1,839[2]
Gross yield
8.1%[2]
Cap rate
4.8%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$2,039[3]

#Climate risk

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

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

#Who lives here

Population
28,668[3]
Median household income
$57,337[3]

#Migration

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

Net migration
+2,290[5]
Moved in
8,430
Moved out
6,140

Schools

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

Public schools
3
Elementary
2
Middle
1
High
0
  • DELTONA ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · HERNANDO

    855 students

  • FOX CHAPEL MIDDLE SCHOOL

    Middle · Grades 6–8 · HERNANDO

    779 students

  • WESTSIDE ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · HERNANDO

    535 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)4.8%
Annual rent$22,074

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$1,382
Loan principal$218,689
Down payment$54,672
Total interest paid$278,925

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$1,781
Monthly rent$1,839

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
92nd percentile[1]
Rental yield
80th percentile[2]
Property tax
49th percentile[3]

Frequently asked

How much is a home worth in ZIP code 34606?
The typical home in 34606 is worth $273,361, based on the Zillow Home Value Index.
Are home values rising in 34606?
Home values in 34606 are down 3.5% over the past year, and up 6.8% a year over five years.
What is the typical rent in 34606?
A typical home in 34606 rents for about $1,839 a month, a gross rental yield of 8.1%.
What is the property tax rate in 34606?
The effective property tax rate in 34606 is 0.7% — roughly $2,039 a year on a typical home.
Who lives in 34606?
ZIP code 34606 has a population of 28,668 and a median household income of $57,337.

#Comparable ZIPs

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

  • Lealman CDP, FL

    Typical home
    $271,549
    Gross yield
    7.7%
  • Sun City Center CDP, FL

    Typical home
    $275,693
    Gross yield
    9.4%
  • East Lake-Orient Park CDP, FL

    Typical home
    $276,661
    Gross yield
    8.2%
  • St. Petersburg, FL

    Typical home
    $277,929
    Gross yield
    10.2%
  • Hudson CDP, FL

    Typical home
    $278,246
    Gross yield
    8.1%
  • West Lealman CDP, FL

    Typical home
    $266,991
    Gross yield
    8.9%

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