ZIP 29115 - 860Z200US29115 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 29115 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in South Carolina, this area offers a unique blend of affordability and community characteristics that can influence your decision. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed choices. Let’s dive into the numbers for ZIP 29115 and uncover what they mean for you.

Population & Households

ZIP 29115 is home to a population of 27,179 residents as of 2023. This moderate-sized community is spread across 10,519 households, indicating an average household size of roughly 2.6 people. For those looking to settle or invest here, this suggests a community that’s neither overly dense nor sparsely populated, offering a balance of neighborly connection and personal space. The total number of housing units stands at 14,058, which points to a notable share of vacant or seasonal properties—something investors might explore for potential opportunities.

Income & Housing Costs

Financial considerations are often at the forefront for anyone eyeing a new area. In ZIP 29115, the median household income is $34,174, reflecting a community with modest earnings compared to national averages. This lower income level pairs with housing costs that are notably affordable. The median house value is $95,600, making homeownership a realistic goal for many buyers on a budget. For renters, the median rent is $779 per month, offering a cost-effective alternative to buying. These figures signal an accessible market for first-time buyers or investors seeking lower entry points, though income constraints may shape local purchasing power for businesses.

Race & Ethnicity

Understanding the cultural fabric of a community can help you gauge its vibe and fit. In ZIP 29115, the racial composition is predominantly Black, with 75.57% of residents identifying as such. White residents make up 20.14% of the population, while Hispanic individuals account for 2.12%, and Asian residents represent just 0.29%. This diversity, with a strong African American presence, shapes the area’s cultural identity and could influence community dynamics, local businesses, and social amenities. For newcomers or business owners, this insight can guide how you connect with the community or tailor offerings.

Key Facts

• Total population in ZIP 29115: 27,179 residents as of 2023.
• Total households: 10,519, with an average size of about 2.6 people.
• Total housing units: 14,058, suggesting potential vacancies or investment properties.
• Median household income: $34,174, indicating a lower-income community.
• Median house value: $95,600, an affordable entry point for buyers.
• Median rent: $779, a budget-friendly option for renters.
• Racial makeup: 75.57% Black, 20.14% White, 2.12% Hispanic, 0.29% Asian.

What This Means for You

For homebuyers, ZIP 29115 presents an opportunity to enter the housing market at a low cost, with median home values under $100,000. This affordability could be ideal for first-time buyers or those looking to downsize, though you’ll want to weigh the lower median income against your financial goals. Investors and real estate agents might find value in the surplus of housing units (14,058 versus 10,519 households), which could indicate rental or flip potential in a budget-friendly market. Be mindful, however, of the local income levels when setting rent or sale prices. For small-business owners, the demographic profile and income data suggest a community with limited disposable income, so focusing on essential goods, affordable services, or culturally relevant offerings could resonate best. Analysts can use these metrics to benchmark ZIP 29115 against nearby areas for deeper market studies or trend analysis.

Run This Study Yourself

Curious to dig deeper into ZIP 29115 or compare it with another area? Uncover tailored insights with these simple steps:

• Visit ZipcodeGPT to access powerful demographic and housing data tools.
• Enter any ZIP code to generate a detailed report like this one, customized to your needs.
• Use the insights to inform your homebuying, investment, or business strategy with confidence.