29470 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Charleston County
Centroid: Latitude 32.791, Longitude -80.222
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 29470 has segments in 2 Counties (Charleston, Dorchester).

Businesses Addresses: 228
PO Box Addresses: 353
Residential Addresses: 1,940

Multi-Family Addresses: 0
Single Family Addresses: 1,940

Foreclosures in SC 29470

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Ravenel, SC 29470 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	4,863 (100%)
Population in Households	4,863 (100.0%)
Population in Families	4,058 (83.4%)
Population in Group Quarters¹	0
Population Density	65
Diversity Index²	65


INCOME
Median Household Income	$72,475
Average Household Income	$104,031
% of Income for Mortgage⁴	26%
Per Capita Income	$40,520
Wealth Index⁵	100

HOUSING
Total HU (Housing Units)	2,135 (100%)
Owner Occupied HU	1,468 (68.8%)
Renter Occupied HU	475 (22.2%)
Vacant Housing Units	192 ( 9.0%)
Median Home Value	$362,232
Average Home Value	$394,963
Housing Affordability Index³	103

HOUSEHOLDS
Total Households	1,943
Average Household Size	2.50
Family Households	1,345
Average Family Size	3.00

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.

Ravenel, SC 29470 - Peer Comparisons by Rank and Percentile

The table below compares 29470 to the other 395 ZIP Codes in South Carolina by rank and percentile using July 1, 2022 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	2020-2022	2022-2027
Population	2.07%	1.36%
Households	2.15%	1.41%
Families		1.36%
Median Household Income		3.51%
Per Capita Income		3.41%
Owner Occupied HU		1.78%

Variable Description	Rank	Percentile
Total Population	# 218	45th
Population Density	# 224	44th
Median Household Income	# 67	83rd
Housing Affordability Index	# 49	12th
Per Capita Income	# 60	85th
Diversity Index	# 32	92nd

29470 ZIP Code Profile, Map, Data & Demographics

ZIP Code 29470: Basic Data & USPS Preferred City Name

Ravenel, SC 29470 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Ravenel, SC 29470 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 29470

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