| ZIP Code | 29506 |
|---|---|
| City | Florence |
| State | South Carolina (SC) |
| County | Florence County |
| Area Code | 843/854 |
| Elevation | 83 ft |
| Latitude | 34.210452 |
|---|---|
| Longitude | -79.649896 |
| Timezone | New York (DST) |
| FIPS | 45041 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.1 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.64 |
| Below Poverty | 26.0% ▲ 160% above avg |
| College Grads | 26.0% ▼ 33% below avg |
| Unemployment | 8.0% ▲ 63% above avg |
| No HS Diploma | 175 (1.5%) |
| HS Graduate | 5,365 (45.5%) |
| Some College | 1,495 (12.7%) |
| Associates | 1,692 (14.3%) |
| Bachelors | 1,198 (10.2%) |
| Graduate Degree | 1,872 (15.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $38,441 ▼ 50% below avg ↑ 6% since 2019 |
|---|---|
| Median Home Value | $114,400 ▼ 59% below avg ↑ 24% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $802/mo ↑ 17% since 2019 |
| Total Units | 8,710 |
| Vacant Units | 1,610 |
| Avg HH Size | 2.64 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,710 |
|---|---|
| Vacant | 1,610 |
| Owner Occupied | 52.5% |
| Renter Occupied | 47.5% |
| Avg HH Size | 2.64 |
ZIP code 29506 is located in Florence, South Carolina, within Florence County. With a population of 20,323, this is a moderately populated ZIP code with a relatively young community — the median age is 37.1 years. Economically, 29506 is a lower-income ZIP code: the median household income of $38,441 is below the national average.
Real estate in ZIP code 29506 represents one of the more affordable housing markets in the country. The median home value of $114,400 is well below the national average. Renters can expect to pay around $802 per month in median rent. The area has a relatively balanced mix of owners (52.5%) and renters (47.5%). Median home values have increased by 24% since 2019.
The population of 29506 is majority Black (62.28%). Residents are moderately educated — 26.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 26.0%. Household income has grown by 6% since 2019.
The unemployment rate in 29506 stands at 8.0%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 29506 in Florence, SC is characterized as lower-income, moderately educated, and a relatively young community. With 20,323 residents, a median household income of $38,441, and a median home value of $114,400, it offers a clear picture of life in this part of South Carolina.