ZIP Code 29720: Population, Income, Housing

State: SC
Total population: 53,584 Household income: $62,969 Rent: $891

Overview

Total population
53,584
Rent
$891
Year built
1986
Household income
$62,969
Per capita income
$33,828
Poverty rate
15.7%
Unemployment rate
N/A
Household size
2.6 persons
Rent over 30% of income
58.5%

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).

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
Lancaster County
City
Lancaster
Total population
53,584
Adults over 25
38,484
Total households
20,644
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
$62,969
Per capita income
$33,828
Poverty rate
15.7%
Unemployment rate
N/A
Rent over 30% of income
58.5%

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).

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
$891
Year built
1986
Households that rent
20.2%
Households that own
79.8%
Rooms per home (all homes)
5.9

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.

Race

White
66.8%
Black
24.3%
Asian
0.5%
Two or more races
6.2%

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
8%
Not Hispanic or Latino
92%

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
22,277 (90.1%)
Commute time to work
29 mins
Work from home
2,446 (9.9%)

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.

Education

Less than high school
30.4%
High school graduate or GED
33.3%
Some college or associate degree
12.2%
Bachelor’s degree or higher
24%

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 29720 with: Lancaster County, SC Charlotte metro area, NC-SC South Carolina United States

ZIP 29720

Total population53,584
Rent$891
Year built1986
Household income$62,969
Per capita income$33,828
Poverty rate15.7%
Unemployment rateN/A

Lancaster County, SC

Total population104,475
Rent$959
Year built2000
Household income$78,869
Per capita income$43,133
Poverty rate11.4%
Unemployment rate4.3%

Charlotte Metro Area, NC-SC

Total population2,768,407
Rent$1,473
Year built1996
Household income$83,304
Per capita income$46,738
Poverty rate10.6%
Unemployment rate3.6%

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 ZIP29720 CountyLancaster, SCMetro AreaCharlotte metro area, NC-SCStateSouth CarolinaCountryUnited States
Total population53,584104,4752,768,4075,296,225334,922,499
Rent$891$959$1,473$1,180$1,413
Year built19862000199619921980
Household income$62,969$78,869$83,304$69,324$80,734
Per capita income$33,828$43,133$46,738$39,236$44,673
Poverty rate15.7%11.4%10.6%14.1%12.5%
Unemployment rateN/A4.3%3.6%4.2%4%

View the full multi-level comparison →

 

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Summary for 29720

Rent & Income

In 29720, the typical monthly rent is $891 and the typical household income is $62,969. Rent here is lower than South Carolina, and household income is lower than South Carolina. The estimated poverty rate is 15.7%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 20.2% of households. About 58.5% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 24% of adults holding a bachelor’s degree or higher.

 

ZIP 29720 — Rent vs Household Income

 

 

ZIP 29720 — Poverty

 

 

How ZIP 29720 compares in South Carolina (58 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $891 1 / 58 from lower rent $891 – $2,380
Household income $62,969 47 / 58 from higher income $46,054 – $133,357
Poverty rate 15.7% 47 / 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 29720

Rent

When it comes to rent, ZIP Code 29720 ranks 1st out of 58 ZIP Codes in South Carolina. Statewide, values range from $891 in ZIP 29720 up to $2,380 in ZIP 29466.

Household income

Income-wise, this area is placed 47th out of 58 ZIP Codes. Across South Carolina, figures vary from $46,054 in ZIP 29203 up to $133,357 in ZIP 29466.

Poverty rate

When it comes to poverty, ZIP Code 29720 places 47th out of 58 ZIP Codes. Throughout South Carolina, numbers span from 4.1% in ZIP 29715 up to 26.1% in ZIP 29203.

 

💰 Rent in ZIP Code 29720 (with Utilities)

Estimated Monthly Rent: $891 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 29720

Annual Household Income: $62,969

💡 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 29720

Estimated Rate: 15.7%

💡 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 29720

In ZIP Code 29720, households that rent: 4,176 (20.2%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 4,176 20.2%
Owner-Occupied 16,468 79.8%

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 29720

In ZIP Code 29720, cost-burdened renters (households spending over 30% of income on housing): 2,445 (58.5%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 2,445 58.5%
Other renter households 1,731 41.5%
Total renter households 4,176 100%

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 29720

Less than High School: 11,704 people (30.4%)

Includes adults who did not complete high school.

High School Graduate or GED: 12,816 people (33.3%)

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

Some College or Associate Degree: 4,714 people (12.2%)

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

Bachelor’s Degree or Higher: 9,250 people (24%)

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

👥 Total Adults (25+): 38,484

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.