ZIP Code 29316: Population, Income, Housing

State: SC
Total population: 33,104 Household income: $74,735 Rent: $1,240

Overview

Total population
33,104
Rent
$1,240
Year built
2004
Household income
$74,735
Per capita income
$35,516
Poverty rate
10.2%
Unemployment rate
N/A
Household size
2.6 persons
Rent over 30% of income
46.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
South Carolina
County
Spartanburg County
City
Boiling Springs
Total population
33,104
Adults over 25
22,235
Total households
12,551
Household size
2.6 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$74,735
Per capita income
$35,516
Poverty rate
10.2%
Unemployment rate
N/A
Rent over 30% of income
46.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,240
Year built
2004
Households that rent
22%
Households that own
78%
Rooms per home (all homes)
5.8

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
71.8%
Black
15.1%
Asian
3.9%
Two or more races
7.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
6.1%
Not Hispanic or Latino
93.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
14,881 (91.4%)
Commute time to work
25 mins
Work from home
1,400 (8.6%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
26.7%
High school graduate or GED
34.7%
Some college or associate degree
13.5%
Bachelor’s degree or higher
25.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 


Comparison of ZIP Code 29316 with: Spartanburg County, SC South Carolina United States

ZIP 29316

Total population33,104
Rent$1,240
Year built2004
Household income$74,735
Per capita income$35,516
Poverty rate10.2%
Unemployment rateN/A

Spartanburg County, SC

Total population347,852
Rent$1,084
Year built1990
Household income$66,234
Per capita income$34,071
Poverty rate14.5%
Unemployment rate4%

South Carolina State

Total population5,296,225
Rent$1,180
Year built1992
Household income$69,324
Per capita income$39,236
Poverty rate14.1%
Unemployment rate4.2%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP29316 CountySpartanburg, SCStateSouth CarolinaCountryUnited States
Total population33,104347,8525,296,225334,922,499
Rent$1,240$1,084$1,180$1,413
Year built2004199019921980
Household income$74,735$66,234$69,324$80,734
Per capita income$35,516$34,071$39,236$44,673
Poverty rate10.2%14.5%14.1%12.5%
Unemployment rateN/A4%4.2%4%

View the full multi-level comparison →

 

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Summary for 29316

Rent & Income

In 29316, the typical monthly rent is $1,240 and the typical household income is $74,735. Rent here is higher than South Carolina, and household income is higher than South Carolina. The estimated poverty rate is 10.2%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 22% of households. About 46.7% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 25.2% of adults holding a bachelor’s degree or higher.


 

ZIP 29316 — Rent vs Household Income

 


 

ZIP 29316 — Poverty

 


 

How ZIP 29316 compares in South Carolina (58 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $1,240 24 / 58 from lower rent $891 – $2,380
Household income $74,735 34 / 58 from higher income $46,054 – $133,357
Poverty rate 10.2% 28 / 58 from lower poverty 4.1% – 26.1%

Rankings are calculated among ZIP Codes in South Carolina with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 29316

Rent

In terms of rental prices, this ZIP stands 24th out of 58 ZIP Codes in South Carolina. Across South Carolina, figures vary from $891 in ZIP 29720 up to $2,380 in ZIP 29466.

Household income

When comparing household incomes, ZIP Code 29316 stands 34th out of 58 ZIP Codes. Throughout South Carolina, numbers span from $46,054 in ZIP 29203 up to $133,357 in ZIP 29466.

Poverty rate

Looking at poverty indicators, this ZIP stands 28th out of 58 ZIP Codes. At the state level, values extend from 4.1% in ZIP 29715 up to 26.1% in ZIP 29203.

 


💰 Rent in ZIP Code 29316 (with Utilities)

Estimated Monthly Rent: $1,240 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.


👨‍👧‍👦 Household Income in ZIP Code 29316

Annual Household Income: $74,735

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.


📉 Poverty Rate in ZIP Code 29316

Estimated Rate: 10.2%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.


🏘️ Renter vs. Owner Households in ZIP Code 29316

In ZIP Code 29316, households that rent: 2,760 (22%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 2,760 22%
Owner-Occupied 9,791 78%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.


📉 Renters Spending Over 30% of Income on Rent in ZIP Code 29316

In ZIP Code 29316, cost-burdened renters (households spending over 30% of income on housing): 1,290 (46.7%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 1,290 46.7%
Other renter households 1,470 53.3%
Total renter households 2,760 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.


📊 Education Levels in ZIP Code 29316

Less than High School: 5,939 people (26.7%)

Includes adults who did not complete high school.

High School Graduate or GED: 7,707 people (34.7%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 2,995 people (13.5%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 5,594 people (25.2%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 22,235


 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.