ZIP 29406 - 860Z200US29406 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 29406, located in the Charleston-North Charleston area of South Carolina, this demographic and housing snapshot offers a clear picture of the community as of 2023. With a diverse population, affordable housing relative to national averages, and a mix of rental and ownership options, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living or working in 29406.

Population & Households

The total population of ZIP 29406 stands at 32,482, making it a moderately sized community with a vibrant mix of residents. This population is distributed across 12,960 households, reflecting a blend of family units, singles, and shared living arrangements. With 14,542 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in this region.

Income & Housing Costs

Financially, ZIP 29406 offers a median household income of $50,640, which provides a solid baseline for understanding the economic landscape. This income level suggests a working-class to middle-income community, where affordability remains a key factor for residents. Housing costs align with this profile, with a median house value of $209,700—a figure that may appeal to first-time homebuyers or investors seeking entry-level properties in a growing market. For renters, the median rent is $1,305 per month, which reflects a competitive rental market but remains within reach for many households in this income bracket.

Race & Ethnicity

The demographic makeup of ZIP 29406 is notably diverse, offering a multicultural environment that can enrich community life and business opportunities. The racial composition includes 32.3% White, 40.03% Black, 2.56% Asian, and 19.36% Hispanic residents. This diversity suggests a welcoming area for people from various backgrounds, which could be a draw for families relocating or businesses aiming to serve a broad customer base. Understanding this mix can help tailor real estate strategies or marketing efforts to resonate with the local population.

Key Facts

• Total population: 32,482 residents in ZIP 29406 as of 2023.
• Total households: 12,960, indicating a mix of family and individual living arrangements.
• Total housing units: 14,542, suggesting some availability for new residents or investors.
• Median household income: $50,640, reflecting a working to middle-income community.
• Median house value: $209,700, an accessible price point for many buyers.
• Median rent: $1,305, competitive for the region’s rental market.
• Racial diversity: 40.03% Black, 32.3% White, 19.36% Hispanic, and 2.56% Asian.

What This Means for You

For homebuyers, ZIP 29406 presents an affordable entry into homeownership with a median house value of $209,700, well below many urban markets. The slight surplus of housing units could mean less competition when searching for a property. Investors and real estate agents might find value in the rental market, where a median rent of $1,305 suggests steady demand, especially given the area’s diverse and growing population of over 32,000. The diversity also hints at potential for niche rental properties or targeted marketing.

For small-business owners, the multicultural demographic of 29406 offers a chance to cater to varied customer needs, whether through culturally specific products, services, or inclusive marketing. With a median household income of $50,640, pricing strategies should focus on affordability to align with local purchasing power. Analysts can use these metrics to benchmark 29406 against neighboring ZIP codes, identifying trends in housing availability or demographic shifts that could influence future growth.

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