ZIP 29405 - 860Z200US29405 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 29405 for your next home, investment property, or business location, understanding the area's demographic and housing landscape is essential. Located in the Charleston-North Charleston metro area of South Carolina, ZIP 29405 offers a diverse community with a mix of opportunities for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing metrics, and racial composition to help you make informed decisions.

Population & Households

ZIP 29405 is home to a population of 26,717 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 11,328 households, reflecting a mix of family structures and living arrangements. With 13,058 total housing units in the area, there’s a notable difference between occupied and available properties, which could signal opportunities for investors or buyers looking for options in this market.

The ratio of population to households suggests an average household size of roughly 2.36 people, indicating a blend of smaller families or individuals alongside larger households. This balance can appeal to a variety of homebuyers seeking a community with diverse living dynamics.

Income & Housing Costs

Financial metrics are critical when evaluating a ZIP code for relocation or investment. In ZIP 29405, the median household income stands at $54,566 annually. This figure provides a benchmark for affordability and economic stability, offering insight into the purchasing power of local residents—a key consideration for small businesses planning to serve this community.

Housing costs further define the area’s accessibility. The median house value in ZIP 29405 is $266,200, positioning it as a relatively affordable option compared to higher-priced markets in the Charleston region. For renters, the median rent is $1,196 per month, reflecting a rental market that may appeal to those not yet ready to buy or seeking flexibility. These numbers suggest a market with entry points for both first-time buyers and investors looking for value-driven opportunities.

Race & Ethnicity

The demographic makeup of ZIP 29405 highlights a diverse community, which can influence cultural vibrancy, business opportunities, and neighborhood character. The racial composition is predominantly Black at 57.41%, followed by White at 34.44%. Hispanic residents account for 5.12% of the population, while Asian residents make up a smaller share at 0.71%. This diversity can be a draw for businesses aiming to cater to varied customer bases or for families seeking an inclusive environment.

Key Facts

• Total population: 26,717 residents in ZIP 29405 as of 2023.
• Total households: 11,328, with an average household size of about 2.36 people.
• Total housing units: 13,058, indicating potential availability for new occupants or investors.
• Median household income: $54,566, reflecting moderate economic stability.
• Median house value: $266,200, offering affordability in the regional market.
• Median rent: $1,196 per month, suitable for a range of renter budgets.
• Racial diversity: 57.41% Black, 34.44% White, 5.12% Hispanic, 0.71% Asian.

What This Means for You

For homebuyers, ZIP 29405 presents an opportunity to enter a market with a median home value of $266,200, which may be more accessible than other nearby areas. The diversity and community size also suggest a welcoming environment for families or individuals looking to settle down. Consider the balance of household sizes when choosing a property type that fits your needs.

For investors and real estate agents, the gap between total housing units (13,058) and occupied households (11,328) could indicate vacant properties or untapped rental potential. With a median rent of $1,196, there’s room to explore rental income strategies, especially in a market with moderate income levels.

For small-business owners, the population of 26,717 and a median income of $54,566 suggest a customer base with steady, if not high, purchasing power. The diverse demographic profile also means businesses can tailor offerings to a wide range of cultural preferences, potentially increasing market reach.

For analysts, these metrics provide a foundation for deeper studies into housing trends, economic growth, or community development in ZIP 29405, especially when paired with historical data or regional comparisons.

Run This Study Yourself

• Curious about other ZIP codes or want updated insights for ZIP 29405? Dive into detailed demographic and housing data on your own.
• Visit ZipcodeGPT to access user-friendly tools that break down complex data into actionable information.
• Input any ZIP code to generate a customized report tailored to your needs as a buyer, investor, or business owner.