ZIP 29063 - 860Z200US29063 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 29063 for your next home, investment, or business venture, 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 opportunity. With a population of over 38,000 and a robust median household income, it’s a community worth exploring for homebuyers, real estate investors, agents, small-business owners, and analysts alike. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in 29063.

Population & Households

ZIP code 29063 is home to a sizable population of 38,475 residents. This figure reflects a community large enough to support local businesses and amenities while maintaining a manageable, neighborhood feel. The area comprises 14,085 households, indicating a strong residential base for potential market demand, whether you’re selling homes or opening a shop. Additionally, there are 14,658 total housing units, suggesting a slight surplus of available properties that could influence vacancy rates or rental opportunities.

Income & Housing Costs

One of the standout metrics for ZIP 29063 is its median household income of $92,147. This figure points to a relatively affluent community with disposable income to support local businesses and sustain property values. On the housing front, the median home value stands at $239,300, offering a balance of affordability and investment potential compared to pricier markets. For renters, the median rent is $1,599 per month, reflecting a competitive rental market that could appeal to investors seeking steady cash flow. These numbers provide a clear picture of the economic stability and housing affordability in this area.

Race & Ethnicity

The demographic makeup of ZIP 29063 showcases a diverse yet predominantly white population. Approximately 64.89% of residents identify as white, followed by 25.66% as Black, 2.43% as Asian, and 2.77% as Hispanic. This diversity can enrich the cultural fabric of the community, offering unique opportunities for businesses catering to varied tastes and needs. For investors and agents, understanding this composition can guide marketing strategies or community engagement efforts to resonate with local residents.

Key Facts

• Total population: 38,475 residents, indicating a substantial community for business and residential growth.
• Total households: 14,085, reflecting a strong base for local market demand.
• Total housing units: 14,658, suggesting potential availability for new buyers or renters.
• Median household income: $92,147, highlighting economic strength and purchasing power.
• Median home value: $239,300, offering a balanced entry point for homebuyers and investors.
• Median rent: $1,599, indicating a competitive rental market for potential landlords.
• Racial composition: 64.89% white, 25.66% Black, 2.43% Asian, 2.77% Hispanic, showcasing diversity.

What This Means for You

For homebuyers, ZIP 29063 presents an attractive opportunity with a median home value of $239,300, which is accessible for many given the area’s strong median income of $92,147. The slight surplus of housing units (14,658 vs. 14,085 households) could mean less competition for available properties. Real estate investors and agents will find value in the competitive rental market, with median rents at $1,599, suggesting potential for consistent returns. The diverse population also means a broad tenant pool. Small-business owners can leverage the sizable population and income levels to target a customer base with spending power, while the cultural diversity offers niches for specialized products or services. Analysts can use these metrics to benchmark 29063 against neighboring areas for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want updated data for 29063? Dive into detailed demographic and housing insights with ease.
• Visit ZipcodeGPT to access powerful tools that break down local stats for any area of interest.
• Input your target ZIP code, explore the results, and make data-driven decisions for your home, investment, or business plans.