ZIP 29455 - 860Z200US29455 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 29455, located in South Carolina, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 26,000 and a strong median household income, this region 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, working, or investing in 29455.

Population & Households

The total population of ZIP 29455 stands at 26,308, spread across 11,616 households. This indicates a community of moderate size with a diverse mix of family structures and living arrangements. The number of households suggests a stable residential base, which can be a positive signal for those looking to establish roots or invest in local markets. With 17,196 total housing units in the area, there’s a notable supply of homes, though availability and occupancy rates may vary based on demand.

Income & Housing Costs

One of the standout metrics for ZIP 29455 is its median household income of $117,422, which reflects a relatively affluent community compared to national averages. This higher income level can translate into stronger purchasing power, benefiting local businesses and supporting a robust housing market. Speaking of housing, the median house value in 29455 is $499,500, indicating a premium market that may appeal to buyers seeking long-term value or investors eyeing appreciation potential. For renters, the median rent is $1,489 per month, which aligns with the area’s higher cost of living but offers opportunities for landlords to cater to a stable tenant base.

Race & Ethnicity

The demographic composition of ZIP 29455 provides insight into the cultural fabric of the area. The population is predominantly White at 75.01%, followed by Black residents at 11.08%, and Hispanic or Latino individuals at 7.86%. Asian residents make up a smaller portion at 0.36%. This diversity can enrich community life and offers businesses a chance to serve varied customer needs, while homebuyers and investors may appreciate the cultural mix as a draw for future growth.

Key Facts

• Total population: 26,308 residents in ZIP 29455.
• Total households: 11,616, reflecting a solid residential base.
• Total housing units: 17,196, suggesting a range of housing options.
• Median household income: $117,422, indicating strong local earning power.
• Median house value: $499,500, pointing to a high-value real estate market.
• Median rent: $1,489, relevant for renters and rental property investors.
• Racial composition: 75.01% White, 11.08% Black, 7.86% Hispanic, 0.36% Asian.

What This Means for You

For homebuyers, ZIP 29455 offers a premium housing market with a median value of nearly $500,000, ideal if you’re seeking a long-term investment in a financially stable area. The higher median income suggests neighbors with economic security, often correlating with well-maintained communities. However, be prepared for competitive pricing and consider your budget against the median rent of $1,489 if buying isn’t immediate.

For investors and real estate agents, the data points to potential in both purchase and rental markets. With over 17,000 housing units and a median income of $117,422, there’s demand for quality properties, whether for sale or lease. The diversity in the area could also mean varied housing needs, from family homes to smaller rentals, offering multiple investment angles.

For small-business owners, the affluent demographic and diverse population of 26,308 provide a promising customer base. A median income above $117,000 suggests disposable income for goods and services, while cultural diversity opens doors to niche markets. Consider how your business can meet the needs of this community, whether through localized products or inclusive marketing.

For analysts, these metrics offer a foundation for deeper research into economic trends, housing demand, and community growth in 29455. The balance of population size, income, and housing costs could signal stability or upcoming shifts worth monitoring.

Run This Study Yourself

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