ZIP 29485 - 860Z200US29485 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 29485, located in South Carolina’s Charleston-North Charleston metro area, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down population trends, household dynamics, income levels, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights provide a foundation for understanding the opportunities and challenges in this area.

Population & Households

ZIP 29485 is home to a substantial population of 58,670 residents, making it a vibrant and sizable community. This area supports 21,798 households, reflecting a strong residential base for families, professionals, and retirees alike. The total number of housing units stands at 23,382, indicating a slight surplus of available homes compared to occupied households. This gap could suggest opportunities for buyers or investors looking to enter the market, as well as potential for growth in housing demand.

Income & Housing Costs

The median household income in ZIP 29485 is $83,287, a figure that positions this area as a relatively affluent community compared to national averages. This income level supports a robust local economy, benefiting small businesses and service providers. On the housing front, the median home value is $311,300, reflecting a competitive yet accessible real estate market for buyers with moderate to high budgets. For renters, the median rent is $1,473 per month, which aligns with the area’s income levels but may pose affordability challenges for lower-income households. These metrics suggest a balanced market with opportunities for both homeownership and rental investments.

Race & Ethnicity

The demographic makeup of ZIP 29485 showcases a diverse community with a mix of cultural backgrounds. The racial composition includes 61.23% White, 22.73% Black, 2.98% Asian, and 7.28% Hispanic residents. This diversity contributes to a rich social fabric, offering a welcoming environment for families and businesses catering to varied customer bases. For investors and business owners, this mix can inform marketing strategies and community engagement efforts, ensuring inclusivity and broad appeal.

Key Facts

• Total population: 58,670 residents, indicating a sizable and active community.
• Total households: 21,798, reflecting a strong residential foundation.
• Total housing units: 23,382, suggesting potential availability for new occupants or investors.
• Median household income: $83,287, supporting a stable local economy.
• Median home value: $311,300, offering a competitive entry point for buyers.
• Median rent: $1,473, relevant for renters and rental property investors.
• Racial diversity: 61.23% White, 22.73% Black, 2.98% Asian, 7.28% Hispanic, fostering a varied community.

What This Means for You

For homebuyers, ZIP 29485 offers a promising market with a median home value of $311,300, which is attainable for many given the area’s median income of $83,287. The slight surplus of housing units (23,382 total) compared to households (21,798) may provide negotiating leverage or more options to choose from. Real estate investors and agents can capitalize on this gap, targeting both buyers and renters, with median rents at $1,473 indicating steady demand for rental properties. Small-business owners will find a diverse and economically stable customer base of nearly 59,000 residents, ideal for retail, services, or dining ventures. Analysts can use these metrics to benchmark ZIP 29485 against neighboring areas, identifying trends in population growth, housing affordability, or demographic shifts. This data equips all stakeholders with actionable insights to navigate the local landscape effectively.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into ZIP 29485? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date statistics on population, income, housing, and more, tailored to your needs.
• Use the insights to inform your next move, investment, or business strategy with confidence and precision.