HousingHandbookReference data

U.S. ZIP Code · FL34608

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

Typical home value

$294,722[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.6%
5-year / yr
+6.8%
10-year / yr
+9.7%

Relative price

vs U.S.
+3.8%
vs metro
-18.9%
vs state
-15.0%
ZIP 34608 location in FL
Location of ZIP 34608 in FL

Price history

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

The typical home in 34608 is worth $294,722 — 18.9% below the Tampa-St. Petersburg-Clearwater, FL median. Over the past year, values have fallen 2.6%. Homes here rent for a typical $1,897 a month — a 7.7% 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
$1,897[2]
Gross yield
7.7%[2]
Cap rate
4.6%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$2,128[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
36,658[3]
Median household income
$64,345[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
  • EXPLORER K-8

    Elementary · Grades PK–8 · HERNANDO

    1,578 students

  • GULF COAST ACADEMY OF SCIENCE AND TECHNOLOGY

    Middle · Grades 6–8 · HERNANDO

    217 students

  • GULF COAST ELEMENTARY SCHOOL

    Elementary · Grades K–5 · HERNANDO

    112 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 yield7.7%
Net yield (after ~40% expenses)4.6%
Annual rent$22,764

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$1,490
Loan principal$235,777
Down payment$58,944
Total interest paid$300,721

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 ratio1.01
Monthly cost to own$1,913
Monthly rent$1,897

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
93rd percentile[1]
Rental yield
73rd percentile[2]
Property tax
39th percentile[3]

Frequently asked

How much is a home worth in ZIP code 34608?
The typical home in 34608 is worth $294,722, based on the Zillow Home Value Index.
Are home values rising in 34608?
Home values in 34608 are down 2.6% over the past year, and up 6.8% a year over five years.
What is the typical rent in 34608?
A typical home in 34608 rents for about $1,897 a month, a gross rental yield of 7.7%.
What is the property tax rate in 34608?
The effective property tax rate in 34608 is 0.7% — roughly $2,128 a year on a typical home.
Who lives in 34608?
ZIP code 34608 has a population of 36,658 and a median household income of $64,345.

#Comparable ZIPs

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

  • Temple Terrace, FL

    Typical home
    $295,247
    Gross yield
    6.8%
  • Pinellas Park, FL

    Typical home
    $296,625
    Gross yield
    8.3%
  • Temple Terrace, FL

    Typical home
    $296,802
    Gross yield
    7.2%
  • Tampa, FL

    Typical home
    $291,138
    Gross yield
    6.5%
  • Palm River-Clair Mel CDP, FL

    Typical home
    $289,568
    Gross yield
    8.3%
  • Feather Sound CDP, FL

    Typical home
    $302,539
    Gross yield
    7.0%

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

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