29501 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Florence County
Centroid: Latitude 34.183, Longitude -79.783
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 29501 has segments in 2 Counties (Darlington, Florence).

Businesses Addresses: 2,043
PO Box Addresses: 0
Residential Addresses: 20,803

Multi-Family Addresses: 1,566
Single Family Addresses: 19,237

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

Florence, SC 29501 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	46,021 (100%)
Population in Households	45,232 (98.3%)
Population in Families	36,182 (78.6%)
Population in Group Quarters¹	789 ( 1.7%)
Population Density	803
Diversity Index²	55


INCOME
Median Household Income	$55,618
Average Household Income	$79,264
% of Income for Mortgage⁴	16%
Per Capita Income	$32,035
Wealth Index⁵	85

HOUSING
Total HU (Housing Units)	21,090 (100%)
Owner Occupied HU	11,611 (55.1%)
Renter Occupied HU	6,973 (33.1%)
Vacant Housing Units	2,506 (11.9%)
Median Home Value	$205,496
Average Home Value	$248,284
Housing Affordability Index³	168

HOUSEHOLDS
Total Households	18,584
Average Household Size	2.43
Family Households	11,954
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.

Florence, SC 29501 - Peer Comparisons by Rank and Percentile

The table below compares 29501 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	0.52%	0.61%
Households	0.49%	0.59%
Families	0.32%	0.48%
Median Household Income		1.44%
Per Capita Income		2.07%
Owner Occupied HU		0.86%

Variable Description	Rank	Percentile
Total Population	# 18	96th
Population Density	# 73	82nd
Median Household Income	# 113	72nd
Housing Affordability Index	# 133	34th
Per Capita Income	# 81	80th
Diversity Index	# 124	70th

29501 ZIP Code Profile, Map, Data & Demographics

ZIP Code 29501: Basic Data & USPS Preferred City Name

Florence, SC 29501 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Florence, SC 29501 - Peer Comparisons by Rank and Percentile

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