Zip Code
29505
City
Florence, SC
Population & Migration
What is the forecasted population for Zip code 29505 Florence, SC?
- Population census 2020
- 24,763
- Forecasted population 2025
- 23,798
- -3.9% vs. 2020
- Forecasted population 2030
- 24,062
- -2.8% vs. 2020
Zip code 29505 Florence, SC population is forecasted to decrease -3.9% by 2025 (-8.6 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 23,798 people for 2025 zip code 29505 Florence, SC will generate a good demand for housing, which is expected to have an excess of -319 houses for 2030. Vacancy rate is 0.8 points below national US average.
- Total homes available 2020
- 11,288
- Estimated total home demand in 2030
- 10,968
- Total homes balance inventory
- -319
Average Household Income in zip code 29505 Florence, SC
from Internal Revenue Service
- Average household income in 2021
- $73,355
Affordability
- Affordability Index
- 2
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 29505 Florence, SC?
County total number of drinking water violations
9
-96%
244
County total number of drinking water contaminations
4
-83%
24
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