ZIP 29745 - 860Z200US29745 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 29745 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in a dynamic region, this area offers a mix of opportunity and stability for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and cultural diversity in ZIP 29745. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 29745 is home to a population of 34,738 residents, making it a moderately sized community with room for growth and engagement. These individuals are distributed across 12,936 households, reflecting a strong residential base. With 13,765 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a community that’s neither overcrowded nor underpopulated, offering a stable environment for families and businesses alike.

Income & Housing Costs

Financial metrics are a critical factor when evaluating any area, and ZIP 29745 presents a solid economic profile. The median household income stands at $75,665, indicating a community with moderate to strong purchasing power. This income level supports a comfortable lifestyle for many residents and signals potential for local businesses catering to middle-income families.

On the housing front, the median home value in ZIP 29745 is $242,200, which aligns with the income levels and suggests affordability for buyers in this income bracket. For renters, the median rent is $961 per month, offering a more accessible entry point for those not ready to purchase. These figures point to a balanced housing market that can accommodate a range of budgets, whether you’re looking to buy, rent, or invest.

Race & Ethnicity

Diversity shapes the cultural fabric of any community, and ZIP 29745 reflects a predominantly white population at 75.1%. However, the area also includes notable representation from other groups, with Black residents making up 12.13%, Hispanic or Latino individuals at 5.92%, and Asian residents at 1.26%. This mix contributes to a community with varied perspectives and cultural influences, which can be a draw for businesses seeking diverse customer bases or families looking for an inclusive environment.

Key Facts

• Total population in ZIP 29745: 34,738 residents.
• Total households: 12,936, supporting a strong residential community.
• Total housing units: 13,765, indicating potential availability for new occupants.
• Median household income: $75,665, reflecting solid economic stability.
• Median home value: $242,200, offering a balanced entry point for buyers.
• Median rent: $961, providing affordable options for renters.
• Racial composition: 75.1% White, 12.13% Black, 5.92% Hispanic, 1.26% Asian.

What This Means for You

For homebuyers, ZIP 29745 offers a promising mix of affordability and community size. With a median home value of $242,200 and a median income of $75,665, purchasing a home here is within reach for many middle-income families. The slight surplus of housing units also means you might have options to choose from, potentially avoiding intense bidding wars.

Real estate investors and agents will find opportunity in the balanced housing market of ZIP 29745. The availability of units (13,765 total) compared to households (12,936) suggests room for rental properties or flips, especially with a median rent of $961 that could attract tenants. The stable income levels further reduce the risk of tenant turnover due to financial strain.

Small-business owners can leverage the area’s population of over 34,000 and diverse demographic makeup to target a broad customer base. The median income indicates disposable income for goods and services, while the cultural diversity offers a chance to cater to varied tastes and needs, from niche products to inclusive marketing.

Analysts studying regional trends will appreciate the clear economic and demographic indicators in ZIP 29745. The data points to a stable, growing community with potential for further development, making it a worthwhile case study for housing or economic research.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 29745? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, housing, and income metrics tailored to your needs.
• Use the insights to inform your homebuying, investment, or business decisions with confidence.