ZIP 29707 - 860Z200US29707 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 29707, understanding the area's demographic and housing landscape is essential. Located in a dynamic region, this ZIP code offers a blend of suburban appeal and economic vitality. With a population of over 35,000 and a strong median household income, ZIP 29707 presents opportunities for homebuyers, real estate investors, small-business owners, and analysts alike. This snapshot, based on 2023 data, breaks down the key metrics to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 29707 is home to a population of 35,224 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 14,104 households, reflecting a mix of family units, singles, and retirees. The total number of housing units in the area stands at 15,156, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

One of the standout features of ZIP 29707 is its robust economic profile. The median household income here is $117,609, a figure that points to a relatively affluent community with significant purchasing power. For homebuyers and businesses, this income level signals a market capable of supporting higher-end goods, services, and property values. Speaking of property, the median house value in ZIP 29707 is $439,400, reflecting a strong real estate market that could appeal to investors seeking appreciation or stable returns. For renters, the median rent is $1,687 per month, which aligns with the area’s higher cost of living but also indicates demand for quality rental properties.

Race & Ethnicity

The demographic makeup of ZIP 29707 offers a glimpse into its cultural diversity. The population is predominantly White, accounting for 74.8% of residents. Black or African American individuals make up 9.56%, while Asian residents comprise 5.57%. Additionally, 7.62% of the population identifies as Hispanic or Latino. This mix suggests a community with a majority White population but with meaningful representation from other racial and ethnic groups, fostering a diverse environment that could appeal to a wide range of residents and business owners looking to cater to varied customer bases.

Key Facts

• Total population: 35,224 residents, indicating a sizable community with active local engagement.
• Total households: 14,104, reflecting a strong base of family and individual units.
• Total housing units: 15,156, suggesting availability for new residents or investment properties.
• Median household income: $117,609, highlighting significant economic strength.
• Median house value: $439,400, pointing to a premium real estate market.
• Median rent: $1,687, indicative of a competitive rental landscape.
• Racial composition: 74.8% White, 9.56% Black, 5.57% Asian, 7.62% Hispanic, showcasing moderate diversity.

What This Means for You

For homebuyers, ZIP 29707 offers a promising yet competitive market. With a median home value of $439,400, properties here are a significant investment, but the high median income of $117,609 suggests a stable community with the means to sustain property values over time. If you’re a real estate investor or agent, the slight gap between housing units and households (15,156 vs. 14,104) could signal opportunities for flipping or renting out properties, especially given the strong rental demand at $1,687 median rent. Small-business owners will find a financially capable customer base here, ideal for offering premium products or services tailored to a diverse yet predominantly White demographic. Analysts can use these metrics to benchmark ZIP 29707 against neighboring areas, identifying trends in income growth or housing demand that could shape future market strategies.

Run This Study Yourself

• Curious about diving deeper into ZIP 29707 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore detailed demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific needs.
• Use the insights to make data-driven decisions, whether you’re buying a home, investing in property, or planning a business venture.