Zip Code

29720

City

Lancaster, SC

Population & Migration

What is the forecasted population for Zip code 29720 Lancaster, SC?

Population census 2020
48,641
Forecasted population 2025
54,698
12.5% vs. 2020
Forecasted population 2030
60,517
24.4% vs. 2020

Zip code 29720 Lancaster, SC population is forecasted to grow 12.5% by 2025 (7.8 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 54,698 people for 2025 zip code 29720 Lancaster, SC will generate a good demand for housing, which is expected to have a deficit of 4,855 houses for 2030. Vacancy rate is 2.3 points below national US average.

Total homes available 2020
19,887
Estimated total home demand in 2030
24,742
Total homes balance inventory
4,855

Average Household Income in zip code 29720 Lancaster, SC
from Internal Revenue Service

Average household income in 2021
$73,084

Affordability

Affordability Index
3

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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Drinking water violations

How is the quality of drinking water in Zip code 29720 Lancaster, SC?

County total number of drinking water violations

3

-99%

232

County total number of drinking water contaminations

3

-86%

22

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