Loading Content...
Demographic Analysis of Zip Code 29401: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 29401 in Charleston, South Carolina, is classified as a "White Majority" community with low to moderate diversity as of 2022. The area has a population of 8,889 and a median income of $83,602. The racial composition shows 82% of residents identifying as white, indicating a clear racial majority.
Over the past decade, this zip code has maintained its "White Majority" status. However, there are signs of a gradual trend towards increased diversity. The white population percentage has decreased slightly from 84% in 2013 to 82% in 2022. The Black population has remained relatively stable, fluctuating between 8-13% over the decade. The Asian population has increased from negligible levels in 2013 to 2% by 2022. The Hispanic population has doubled from 2% in 2013 to 4% in 2022. The percentage of individuals identifying as two or more races has quadrupled from 1% to 4% over the decade.
These demographic shifts correlate with significant changes in median income. The median income has risen from $66,869 in 2013 to $83,602 in 2022, an increase of about 25%. There was a notable spike in median income to $97,102 in 2021, followed by a decrease in 2022. The population has decreased from 10,738 in 2013 to 8,889 in 2022, a decline of about 17%.
These trends suggest a gentrification process, where the area is becoming more affluent while simultaneously becoming slightly more diverse. The decrease in population coupled with rising incomes could indicate that while the area is becoming more expensive, it's also attracting a more diverse, higher-income demographic.
These trends align with patterns seen in many urban areas across the United States. Gentrification in city centers often leads to increased property values and higher median incomes. Urban areas tend to become more diverse over time, with increases in Asian, Hispanic, and multiracial populations. The slight decrease in the white majority percentage is consistent with national demographic shifts towards increased diversity.
Zip code 29401 remains a "White Majority" area but shows signs of transitioning towards a more diverse and affluent community. This gradual shift reflects broader national trends of increasing diversity in urban areas, coupled with economic changes that often accompany urban renewal and gentrification processes. The community appears to be in the early stages of a transition that could lead to more significant demographic changes in the coming years if current trends continue.
