29388 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Spartanburg County
Centroid: Latitude 34.76, Longitude -82.046
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 29388 has segments in 2 Counties (Laurens, Spartanburg).

Businesses Addresses: 348
PO Box Addresses: 382
Residential Addresses: 6,230

Multi-Family Addresses: 160
Single Family Addresses: 6,070

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: August 4, 2020.

Woodruff, SC 29388 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	15,835 (100%)
Population in Households	15,626 (98.7%)
Population in Families	13,159 (83.1%)
Population in Group Quarters¹	209 ( 1.3%)
Population Density	164
Diversity Index²	42


INCOME
Median Household Income	$50,348
Average Household Income	$64,614
% of Income for Mortgage⁴	11%
Per Capita Income	$24,560
Wealth Index⁵	61

HOUSING
Total HU (Housing Units)	6,745 (100%)
Owner Occupied HU	4,489 (66.6%)
Renter Occupied HU	1,525 (22.6%)
Vacant Housing Units	731 (10.8%)
Median Home Value	$127,929
Average Home Value	$177,701
Housing Affordability Index³	247

HOUSEHOLDS
Total Households	6,014
Average Household Size	2.6
Family Households	4,219
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.

Woodruff, SC 29388 - Peer Comparisons by Rank and Percentile

The table below compares 29388 to the other 398 ZIP Codes in South Carolina by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	1.1%	1.18%
Households	1.09%	1.16%
Families	0.89%	1.05%
Median Household Income		1.56%
Per Capita Income		1.91%
Owner Occupied HU		1.09%

Variable Description	Rank	Percentile
Total Population	# 122	70th
Population Density	# 157	61st
Median Household Income	# 144	64th
Housing Affordability Index	# 272	68th
Per Capita Income	# 178	56th
Diversity Index	# 279	30th

Woodruff, SC 29388 ZIP Code Profile

ZIP Code 29388: Basic Data & USPS Preferred City Name

Woodruff, SC 29388 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Woodruff, SC 29388 - Peer Comparisons by Rank and Percentile

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