29307 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Spartanburg County
Centroid: Latitude 34.999, Longitude -81.746
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 29307 has segments in 2 Counties (Cherokee, Spartanburg).

Businesses Addresses: 496
PO Box Addresses: 0
Residential Addresses: 8,921

Multi-Family Addresses: 1,513
Single Family Addresses: 7,408

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2022, Maps updated: February 4, 2022.

Spartanburg, SC 29307 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	22,061 (100%)
Population in Households	21,783 (98.7%)
Population in Families	16,614 (75.3%)
Population in Group Quarters¹	278 ( 1.3%)
Population Density	479
Diversity Index²	40


INCOME
Median Household Income	$52,999
Average Household Income	$71,014
% of Income for Mortgage⁴	14%
Per Capita Income	$31,607
Wealth Index⁵	75

HOUSING
Total HU (Housing Units)	10,825 (100%)
Owner Occupied HU	6,180 (57.1%)
Renter Occupied HU	3,629 (33.5%)
Vacant Housing Units	1,016 ( 9.4%)
Median Home Value	$178,583
Average Home Value	$229,547
Housing Affordability Index³	178

HOUSEHOLDS
Total Households	9,809
Average Household Size	2.22
Family Households	5,711
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Spartanburg, SC 29307 - Peer Comparisons by Rank and Percentile

The table below compares 29307 to the other 396 ZIP Codes in South Carolina by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	1.0%	1.28%
Households	1.05%	1.27%
Families	0.77%	1.13%
Median Household Income		1.56%
Per Capita Income		2.02%
Owner Occupied HU		1.1%

Variable Description	Rank	Percentile
Total Population	# 92	77th
Population Density	# 95	76th
Median Household Income	# 136	66th
Housing Affordability Index	# 156	39th
Per Capita Income	# 83	79th
Diversity Index	# 290	27th

29307 ZIP Code Profile, Map, Data & Demographics

ZIP Code 29307: Basic Data & USPS Preferred City Name

Spartanburg, SC 29307 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Spartanburg, SC 29307 - Peer Comparisons by Rank and Percentile

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