ZIP 29223 - 860Z200US29223 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 29223 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in South Carolina, this ZIP code offers a mix of suburban appeal and economic diversity. With a population of over 52,000 and a median household income of $56,300, it’s a community that caters to a wide range of lifestyles and opportunities. In this detailed snapshot, we’ll break down the latest 2023 data on population, income, housing, and racial composition to help you make informed decisions.

Population & Households

ZIP 29223 is home to 52,835 residents, making it a sizable community with a strong local presence. These individuals are distributed across 22,513 households, reflecting a blend of family units, singles, and retirees. The total number of housing units stands at 24,142, indicating a slight surplus of available properties compared to occupied households. This could signal opportunities for homebuyers or investors looking to enter the market in an area with moderate demand.

Income & Housing Costs

The median household income in ZIP 29223 is $56,300, which positions the area as a middle-income community. This income level supports a comfortable lifestyle for many residents while remaining accessible to a broad range of earners. On the housing front, the median home value is $183,800, offering a relatively affordable entry point for buyers compared to national averages. For renters, the median monthly rent is $1,217, which aligns with the income levels and suggests a balanced rental market. These figures provide a clear picture for anyone evaluating affordability and potential returns on investment in this ZIP code.

Race & Ethnicity

ZIP 29223 stands out for its diverse population, which enriches the community’s cultural fabric. The racial composition includes 56.97% Black residents, making it the largest demographic group, followed by 23.49% White residents. Hispanic individuals account for 11.44% of the population, while 4.49% identify as Asian. This diversity can be a significant draw for businesses seeking a varied customer base or for families looking for an inclusive environment to call home.

Key Facts

• Total population: 52,835 residents, indicating a robust community size.
• Total households: 22,513, reflecting a mix of family and individual living arrangements.
• Total housing units: 24,142, suggesting some availability for new occupants or investors.
• Median household income: $56,300, supporting a middle-income lifestyle.
• Median home value: $183,800, offering affordability in the housing market.
• Median rent: $1,217 per month, aligning with local income levels.
• Diverse demographics: 56.97% Black, 23.49% White, 11.44% Hispanic, and 4.49% Asian.

What This Means for You

For homebuyers, ZIP 29223 presents an affordable opportunity with a median home value of $183,800. The slight surplus of housing units (24,142 total versus 22,513 households) suggests you may have room to negotiate or find a property that fits your needs without intense competition. The diverse community also means a welcoming environment for families of varied backgrounds.

For investors and real estate agents, the combination of a middle-income population and reasonable home values points to potential for steady appreciation or rental income. With median rent at $1,217, there’s a viable market for tenants who can afford consistent payments, especially given the area’s income levels.

For small-business owners, the population of over 52,000 and diverse demographic makeup offer a broad customer base. Whether you’re opening a retail store, restaurant, or service-based business, the cultural diversity and income stability in ZIP 29223 can support a range of business models. Tailoring your offerings to reflect the community’s needs could yield strong local support.

For analysts, the data highlights a balanced market with no extreme outliers in income or housing costs. This stability, paired with a diverse population, makes ZIP 29223 a compelling case study for suburban demographic trends and housing dynamics.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 29223? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Input any ZIP code to access up-to-date population, income, and housing metrics tailored to your interests.
• Use the insights to inform your homebuying, investment, or business decisions with confidence.