ZIP Code 29407: Population, Income, Housing

State: SC

Total population: 36,706 Household income: $85,367 Rent: $1,431

Overview

Total population

36,706

Rent

$1,431

Year built

1971

Household income

$85,367

Per capita income

$60,114

Poverty rate

11.7%

Unemployment rate

N/A

Household size

2.2 persons

Rent over 30% of income

43.7%

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

Charleston County

City

Charleston

Total population

36,706

Adults over 25

27,875

Total households

16,920

Household size

2.2 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).

Income & Poverty

Household income

$85,367

Per capita income

$60,114

Poverty rate

11.7%

Unemployment rate

N/A

Rent over 30% of income

43.7%

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).

Housing

Rent

$1,431

Year built

1971

Households that rent

43.1%

Households that own

56.9%

Rooms per home (all homes)

5.5

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).

Race

White

62.8%

Black

26.8%

Asian

1.7%

Two or more races

6.1%

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).

Ethnicity

Hispanic or Latino

4.9%

Not Hispanic or Latino

95.1%

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).

Commute

Commute rate

17,363 (85.4%)

Commute time to work

24 mins

Work from home

2,957 (14.6%)

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).

Education

Less than high school

21.9%

High school graduate or GED

19.1%

Some college or associate degree

9.3%

Bachelor’s degree or higher

49.7%

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).

Comparison of ZIP Code 29407 with: Charleston County, SC Charleston, SC Charleston metro area, SC South Carolina United States

ZIP 29407

Total population36,706

Rent$1,431

Year built1971

Household income$85,367

Per capita income$60,114

Poverty rate11.7%

Unemployment rateN/A

Charleston County, SC

Total population420,264

Rent$1,620

Year built1991

Household income$88,494

Per capita income$56,921

Poverty rate11.3%

Unemployment rate3.2%

Charleston, SC

Total population154,338

Rent$1,722

Year built1995

Household income$92,414

Per capita income$59,875

Poverty rate12.3%

Unemployment rate3.2%

Charleston Metro Area, SC

Total population834,267

Rent$1,605

Year built1996

Household income$85,254

Per capita income$48,581

Poverty rate10.9%

Unemployment rate3.5%

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	ZIP29407	CountyCharleston, SC	CityCharleston, SC	Metro AreaCharleston metro area, SC	StateSouth Carolina	CountryUnited States
Total population	36,706	420,264	154,338	834,267	5,296,225	334,922,499
Rent	$1,431	$1,620	$1,722	$1,605	$1,180	$1,413
Year built	1971	1991	1995	1996	1992	1980
Household income	$85,367	$88,494	$92,414	$85,254	$69,324	$80,734
Per capita income	$60,114	$56,921	$59,875	$48,581	$39,236	$44,673
Poverty rate	11.7%	11.3%	12.3%	10.9%	14.1%	12.5%
Unemployment rate	N/A	3.2%	3.2%	3.5%	4.2%	4%

View the full multi-level comparison →

Summary for 29407

Rent & Income

In 29407, the typical monthly rent is $1,431 and the typical household income is $85,367. Rent here is lower than Charleston and higher than South Carolina, and household income is lower than Charleston and higher than South Carolina. The estimated poverty rate is 11.7%, which is similar to the Charleston rate and lower than the South Carolina rate.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 43.1% of households. About 43.7% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is very high, with about 49.7% of adults holding a bachelor’s degree or higher.

ZIP 29407 — Rent vs Household Income

ZIP 29407 — Poverty

How ZIP 29407 compares in South Carolina (58 ZIP Codes)

Metric	This ZIP	Rank	Starts from	State range
Rent	$1,431	39 / 58	from lower rent	$891 – $2,380
Household income	$85,367	21 / 58	from higher income	$46,054 – $133,357
Poverty rate	11.7%	35 / 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 29407

Rent

Looking at rent levels, ZIP Code 29407 places 39th out of 58 ZIP Codes in South Carolina. Throughout South Carolina, numbers span from $891 in ZIP 29720 up to $2,380 in ZIP 29466.

Household income

In terms of earnings, this ZIP comes 21st out of 58 ZIP Codes. At the state level, values extend from $46,054 in ZIP 29203 up to $133,357 in ZIP 29466.

Poverty rate

In terms of poverty rate, ZIP Code 29407 comes 35th out of 58 ZIP Codes. In South Carolina as a whole, the range goes from 4.1% in ZIP 29715 up to 26.1% in ZIP 29203.

💰 Rent in ZIP Code 29407 (with Utilities)

Estimated Monthly Rent: $1,431 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 29407

Annual Household Income: $85,367

💡 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 29407

Estimated Rate: 11.7%

💡 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 29407

In ZIP Code 29407, households that rent: 7,296 (43.1%)

📊 What does the renter household percentage reveal about this ZIP Code?

Household Type	Count	Share
Renter-Occupied	7,296	43.1%
Owner-Occupied	9,624	56.9%

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 29407

In ZIP Code 29407, cost-burdened renters (households spending over 30% of income on housing): 3,186 (43.7%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	3,186	43.7%
Other renter households	4,110	56.3%
Total renter households	7,296	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 29407

Less than High School: 6,109 people (21.9%)

Includes adults who did not complete high school.

High School Graduate or GED: 5,319 people (19.1%)

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

Some College or Associate Degree: 2,600 people (9.3%)

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

Bachelor’s Degree or Higher: 13,847 people (49.7%)

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

👥 Total Adults (25+): 27,875

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

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