ZIP 29732 - 860Z200US29732 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 29732, located in the Rock Hill area of South Carolina, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing, and diversity to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 29732 unique and how its characteristics can align with your goals.

Population & Households

ZIP 29732 is home to a sizable population of 57,551 residents, reflecting a vibrant and active community. This area supports 23,630 households, indicating a strong base of families and individuals. With 24,926 total housing units, there’s a modest buffer of available properties, which could signal opportunities for buyers or investors looking to enter the market. The balance between population and housing units suggests a stable residential environment, ideal for those seeking a settled yet growing area.

Income & Housing Costs

Financial metrics in ZIP 29732 paint a promising picture for economic stability. The median household income stands at $79,936, which is above the national average and indicates a community with solid earning potential. This income level supports a robust housing market, where the median house value is $301,300. For renters, the median rent is $1,293 per month, reflecting a competitive rental landscape. These figures suggest that ZIP 29732 offers a balance of affordability and value, appealing to a range of budgets for homebuyers and investors alike.

Race & Ethnicity

The demographic makeup of ZIP 29732 showcases a diverse yet predominantly white community. Approximately 65.91% of residents identify as white, followed by 21.38% as Black, 6.75% as Hispanic, and 1.69% as Asian, with other groups making up the remainder. This diversity contributes to a culturally rich environment, which can be a draw for families and businesses seeking an inclusive community. Understanding this composition helps stakeholders anticipate community needs, from educational programs to targeted marketing strategies.

Key Facts

• Total population in ZIP 29732: 57,551 residents, indicating a substantial community.
• Total households: 23,630, reflecting a strong residential base.
• Total housing units: 24,926, suggesting some availability for new occupants or investors.
• Median household income: $79,936, showcasing economic strength.
• Median house value: $301,300, a competitive price point for the region.
• Median rent: $1,293, indicating a steady rental market.
• Racial composition: 65.91% white, 21.38% Black, 6.75% Hispanic, 1.69% Asian, highlighting diversity.

What This Means for You

For homebuyers, ZIP 29732 offers a compelling mix of affordability and value with a median home price of $301,300 and a strong median income of $79,936. This suggests you can find quality housing in a financially stable community, ideal for families or individuals looking to settle down. The slight surplus of housing units (24,926 vs. 23,630 households) may also mean less competition in certain price brackets.

For real estate investors and agents, the data points to potential in both buying and renting markets. With a median rent of $1,293, rental properties could yield consistent returns, especially given the population size of over 57,000. The diversity in housing costs also allows for targeting various income levels, from starter homes to higher-end properties.

For small-business owners, the diverse population and solid income levels suggest a customer base with disposable income and varied needs. Whether you’re opening a retail store, restaurant, or service-based business, the cultural mix (including significant Black and Hispanic populations) offers opportunities to cater to niche markets while benefiting from a broad audience of 57,551 potential customers.

For analysts, these metrics provide a foundation for deeper research into growth trends, housing demand, and economic forecasts. The balance of income, housing costs, and diversity in ZIP 29732 could indicate long-term stability or areas for targeted development.

Run This Study Yourself

• Curious about other areas or want updated data for ZIP 29732? Explore detailed demographic and housing insights with ease.
• Visit ZipcodeGPT to access powerful tools that break down ZIP code data tailored to your needs.
• Simply enter your target ZIP code, and get instant, actionable reports to guide your next decision.