ZIP 29642 - 860Z200US29642 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 29642, located in South Carolina’s Upstate region, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 35,000 and a robust housing market, this ZIP code presents a blend of suburban appeal and economic stability. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living, investing, or operating in this community.

Population & Households

ZIP 29642 is home to 35,721 residents, making it a moderately sized community with a strong residential base. These individuals are distributed across 14,532 households, reflecting a mix of families, singles, and retirees. The total number of housing units stands at 15,323, indicating a slight surplus of available homes or rentals compared to occupied households. This balance suggests potential opportunities for buyers or investors looking to enter the market, as well as a stable environment for businesses serving local residents.

Income & Housing Costs

The median household income in ZIP 29642 is $77,604, a figure that points to a relatively affluent community with solid earning power. This income level supports a healthy local economy, making it attractive for small businesses targeting middle- to upper-middle-class consumers. On the housing front, the median home value is $267,700, which aligns with the income demographics and suggests a market accessible to a wide range of buyers. For renters, the median rent is $915 per month, offering an affordable alternative to homeownership while still reflecting the area’s economic strength. These metrics indicate a balanced housing market with options for various budgets and lifestyles.

Race & Ethnicity

The demographic makeup of ZIP 29642 is predominantly White, with 81.69% of the population identifying as such. Black residents account for 6.9% of the population, while Hispanic individuals make up 5.79%. Asian residents represent a smaller share at 0.31%. This composition reflects a community with a strong majority demographic but enough diversity to support a variety of cultural and business needs. For businesses, this mix suggests a primary customer base with specific preferences, alongside opportunities to cater to smaller but growing segments of the population.

Key Facts

• Total population: 35,721 residents in 2023, indicating a sizable community.
• Total households: 14,532, showing a strong residential foundation.
• Total housing units: 15,323, with a slight surplus over occupied households.
• Median household income: $77,604, reflecting economic stability.
• Median home value: $267,700, accessible for many buyers in this income bracket.
• Median rent: $915, offering affordable rental options.
• Racial composition: 81.69% White, 6.9% Black, 5.79% Hispanic, 0.31% Asian.

What This Means for You

For homebuyers, ZIP 29642 offers a promising market with median home values at $267,700, which, paired with a median income of $77,604, suggests affordability for many families or individuals. The slight surplus of housing units could mean less competition when searching for a property. Real estate investors and agents will find potential in both the purchase and rental markets, as the $915 median rent indicates steady demand for leasing options alongside opportunities for property appreciation. Small-business owners can leverage the area’s solid income levels and population size to target a stable customer base, particularly in sectors like retail, services, or dining that cater to a predominantly White demographic with growing diversity. Analysts can use these metrics to benchmark ZIP 29642 against neighboring areas, identifying trends in housing demand or economic growth. Overall, this ZIP code presents a balanced, opportunity-rich environment for a variety of stakeholders.

Run This Study Yourself

• Curious about other ZIP codes or want deeper insights into ZIP 29642? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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