ZIP 29045 - 860Z200US29045 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 29045, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of suburban appeal and economic potential. With a population of nearly 29,000 and a median household income above the national average, ZIP 29045 presents opportunities for homebuyers, real estate investors, agents, small-business owners, and analysts alike. This article breaks down the latest 2023 data to provide a clear, actionable snapshot of what makes this area unique.

Population & Households

ZIP 29045 is home to a population of 28,896 residents, spread across 10,860 households. This indicates an average household size of roughly 2.7 people, suggesting a mix of families and smaller households. The total number of housing units stands at 11,643, which means there’s a modest vacancy rate of about 6.7%. For those eyeing residential opportunities, this balance of population density and available housing could signal a stable yet accessible market for both living and investment purposes.

Income & Housing Costs

The financial profile of ZIP 29045 is a strong draw for many. The median household income is $80,627, reflecting a community with solid earning power compared to national benchmarks. Housing costs align with this economic strength: the median house value is $241,200, offering a reasonable entry point for buyers in a competitive market. For renters, the median monthly rent is $1,318, which is manageable for households at this income level but suggests a premium on rental properties. These figures point to a market that balances affordability with value appreciation potential.

Race & Ethnicity

The demographic makeup of ZIP 29045 is diverse, fostering a culturally rich environment. The racial composition includes 52.67% White, 31.01% Black, 2.62% Asian, and 8.82% Hispanic residents. This diversity can be a significant asset for businesses seeking broad customer bases or for families looking for an inclusive community. Understanding this mix is also critical for real estate professionals tailoring marketing strategies or for analysts studying local trends.

Key Facts

• Total population: 28,896 residents in ZIP 29045.
• Total households: 10,860, with an average size of about 2.7 people.
• Total housing units: 11,643, with a vacancy rate of approximately 6.7%.
• Median household income: $80,627, above the national average.
• Median house value: $241,200, reflecting a balanced market.
• Median rent: $1,318 per month, indicating a competitive rental space.
• Diverse population: 52.67% White, 31.01% Black, 2.62% Asian, 8.82% Hispanic.

What This Means for You

For homebuyers, ZIP 29045 offers a promising mix of affordability and community diversity. With a median house value of $241,200 and a stable vacancy rate, you’re likely to find options that fit a range of budgets while settling into a vibrant, inclusive area. Investors and real estate agents can capitalize on the area’s economic strength—household incomes of $80,627 suggest purchasing power, and the rental market at $1,318 median rent hints at steady demand for leased properties. Consider focusing on family-friendly or multi-unit properties to match the household size trends. Small-business owners will find a diverse customer base of nearly 29,000 people, ideal for retail, services, or culturally tailored offerings. Finally, analysts can use this data to benchmark ZIP 29045 against neighboring areas, identifying growth patterns or investment hotspots based on income and housing metrics.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into ZIP 29045? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, housing, and economic data tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying, investing, or planning a business venture.