ZIP 29150 - 860Z200US29150 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 29150, understanding the local demographics and housing landscape is essential. Located in Sumter, South Carolina, this area offers a mix of affordability and diversity that can appeal to homebuyers, real estate investors, small-business owners, and analysts alike. With a population of over 38,000 and a median household income of $48,845, ZIP 29150 presents a balanced market with opportunities and challenges. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this community.

Population & Households

ZIP 29150 is home to 38,525 residents, making it a moderately sized community with a significant local market. These individuals are distributed across 15,115 households, reflecting a diverse range of family structures and living arrangements. With 17,658 total housing units in the area, there’s a noticeable gap between occupied and available homes, which could signal opportunities for investors or developers looking to address housing demand. For small-business owners, this population size suggests a solid customer base, particularly for services catering to families and individuals.

Income & Housing Costs

The median household income in ZIP 29150 stands at $48,845, which indicates a working-class community with moderate purchasing power. For homebuyers, this income level aligns with the area’s median home value of $157,000, suggesting that housing remains relatively affordable compared to national averages. This price point could be attractive for first-time buyers or those seeking value in their real estate purchases. Meanwhile, the median rent of $951 per month offers a viable option for renters or investors interested in rental properties. These figures highlight a market where affordability meets opportunity, though income constraints may influence local spending patterns for businesses.

Race & Ethnicity

ZIP 29150 boasts a diverse population, with a racial and ethnic composition that reflects a rich cultural tapestry. Black residents make up the largest group at 49.52%, followed by White residents at 39.24%. Hispanic individuals account for 5.38% of the population, while Asian residents represent 1.96%. This diversity can be a significant draw for businesses aiming to serve a wide range of cultural preferences or for families seeking an inclusive community. For investors and analysts, understanding these demographics can help tailor strategies to meet the needs of specific groups within the area.

Key Facts

• Total population: 38,525 residents, offering a substantial local market.
• Total households: 15,115, indicating a mix of family and individual living arrangements.
• Total housing units: 17,658, with potential for addressing unoccupied inventory.
• Median household income: $48,845, reflecting moderate economic capacity.
• Median home value: $157,000, an affordable entry point for buyers.
• Median rent: $951, providing options for renters and investors.
• Racial diversity: 49.52% Black, 39.24% White, 5.38% Hispanic, 1.96% Asian.

What This Means for You

For homebuyers, ZIP 29150 offers an affordable housing market with a median home value of $157,000, making it a practical choice for those looking to settle in a diverse and moderately sized community. Investors and real estate agents will find potential in the gap between total housing units and occupied households, which could point to opportunities for flipping properties or developing rentals, especially with a median rent of $951. Small-business owners can leverage the area’s population of over 38,000 and its cultural diversity to offer targeted products or services, though they should be mindful of the median income of $48,845 when setting price points. Analysts can use these metrics to assess market trends, forecast demand, or advise clients on strategic moves in this region. Whether you’re buying, investing, or building a business, ZIP 29150 provides a foundation worth exploring.

Run This Study Yourself

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