ZIP 29349 - 860Z200US29349 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 29349, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of residential stability and economic potential. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural diversity in 29349. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions tailored to your goals.

Population & Households

ZIP 29349 is home to a population of 37,314 individuals, making it a moderately sized community with a strong residential base. This population is distributed across 14,160 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 15,118, indicating a slight surplus of available homes compared to occupied households. This balance suggests opportunities for growth or investment, especially for those looking to enter the housing market in this area.

Income & Housing Costs

The median household income in ZIP 29349 is $74,363, positioning this area as a relatively affluent community with solid earning potential. For homebuyers and investors, the median house value of $233,400 offers a competitive entry point compared to many urban markets, balancing affordability with value appreciation potential. Renters in this ZIP code face a median rent of $917 per month, which is reasonable relative to the income levels and provides insight into the rental market's accessibility for tenants or property investors seeking steady returns.

Race & Ethnicity

The demographic composition of ZIP 29349 reflects a predominantly white population at 80.1%, with smaller but significant representation from other groups. Black residents make up 9.19% of the population, while Asian individuals account for 1.98%. Additionally, 5.97% of the population identifies as Hispanic. This diversity, though moderate, contributes to a varied cultural fabric that can influence community dynamics, business opportunities, and local market preferences. Understanding these demographics can help tailor services or investments to meet the needs of different groups within 29349.

Key Facts

• Total population: 37,314 residents, offering a substantial market for businesses and services.
• Total households: 14,160, indicating a strong base of family and individual units.
• Total housing units: 15,118, suggesting potential availability for new residents or investors.
• Median household income: $74,363, reflecting a financially stable community.
• Median house value: $233,400, a competitive price point for homebuyers and investors.
• Median rent: $917, providing an accessible rental market for tenants and landlords.
• Racial composition: 80.1% white, 9.19% black, 1.98% Asian, and 5.97% Hispanic, showcasing moderate diversity.

What This Means for You

For homebuyers, ZIP 29349 presents an attractive opportunity with a median home value of $233,400, which aligns well with the median household income of $74,363. This suggests that housing is within reach for many potential residents, and the slight surplus of housing units (15,118 total) could mean less competition in certain segments of the market. Real estate investors and agents will find value in the balanced rental market, where a median rent of $917 offers potential for consistent returns, especially given the area’s stable population of over 37,000. The diversity in the community also hints at varied housing needs, from single-family homes to rental properties.

For small-business owners, the population size and income levels indicate a solid customer base with disposable income to support local goods and services. The cultural diversity, though not extensive, still allows for niche markets or culturally specific offerings. Analysts can use this data to benchmark ZIP 29349 against neighboring areas, identifying trends in population growth, housing demand, or economic stability. Overall, this ZIP code offers a promising mix of affordability, opportunity, and community strength for a range of stakeholders.

Run This Study Yourself

• Curious about diving deeper into ZIP 29349 or comparing it with other areas? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to make data-driven decisions, whether you're buying a home, investing in property, or planning a business venture in any location.