ZIP 29646 - 860Z200US29646 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP 29646 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in South Carolina, this area offers a unique blend of affordability and diversity. With a population of over 28,000 and a median household income of $41,669, ZIP 29646 presents a snapshot of a community with accessible housing and a varied cultural makeup. This article breaks down the key metrics for 2023, providing actionable insights for homebuyers, real estate investors, small-business owners, and analysts.

Population & Households

ZIP 29646 is home to 28,413 residents, making it a moderately sized community with a mix of urban and suburban characteristics. These individuals are distributed across 11,258 households, reflecting a strong base of family and individual living arrangements. The total number of housing units stands at 12,316, indicating some availability of vacant or secondary properties. For those looking to settle or invest, this balance of population and housing suggests a stable yet approachable market for new entrants.

Income & Housing Costs

The median household income in ZIP 29646 is $41,669, which positions the area as an affordable option for many families and individuals. When it comes to housing, the median home value is $130,900—a price point that offers entry-level opportunities for first-time buyers or investors seeking value-driven properties. For renters, the median monthly rent is $818, which aligns with the income levels and provides a cost-effective alternative to homeownership. These figures highlight ZIP 29646 as a budget-friendly location compared to many national averages, appealing to those prioritizing affordability.

Race & Ethnicity

The demographic composition of ZIP 29646 reflects a diverse community, which can be a significant draw for businesses and residents alike. The racial breakdown shows a near-even split between White (44.34%) and Black (43.01%) populations, with a smaller presence of Asian residents (0.18%) and a notable Hispanic community (10.19%). This diversity fosters a culturally rich environment, offering opportunities for businesses to cater to varied customer bases and for families to engage in a multifaceted social setting.

Key Facts

• Total population: 28,413 residents, providing a solid community base.
• Total households: 11,258, indicating a mix of family and individual living.
• Total housing units: 12,316, suggesting some availability for new occupants.
• Median household income: $41,669, supporting an affordable lifestyle.
• Median home value: $130,900, ideal for entry-level buyers or investors.
• Median rent: $818 per month, a reasonable cost for renters.
• Diverse demographics: 44.34% White, 43.01% Black, 10.19% Hispanic, 0.18% Asian.

What This Means for You

For homebuyers, ZIP 29646 offers an affordable entry into homeownership with a median home value of $130,900. This price point, paired with a median income of $41,669, suggests that housing costs are within reach for many, especially first-time buyers looking to build equity. Renters can also find value with a median rent of $818, making this area a practical choice for those not ready to buy.

For investors and real estate agents, the presence of 12,316 housing units against 11,258 households hints at potential vacancies or investment properties. The lower median home value could translate to opportunities for rental income or property flips, especially in a community with steady population numbers.

For small-business owners, the diverse demographic makeup—nearly equal White and Black populations with a growing Hispanic presence—means a broad customer base. Tailoring products or services to this varied audience could drive engagement, while the affordable income levels suggest a focus on value-driven offerings.

For analysts, the data points to a balanced, accessible market. The near-parity in racial composition and moderate income levels provide a foundation for deeper studies into economic trends or community needs in ZIP 29646.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 29646? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business in a new location.