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Demographic Analysis of Zip Code 29407: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 29407 in Charleston, South Carolina is classified as a "White Majority" community with moderate diversity as of 2022. The white population comprises 64% of the total, while other racial groups, particularly Black residents at 28%, constitute significant portions of the community. The median income in 2022 was $73,560, indicating a relatively affluent area. The population of 36,397 is spread across 18.15 square miles.
This zip code has maintained its "White Majority" status over the past decade, with the white population remaining at approximately 64-67% since 2013. There have been minor shifts in other racial demographics. The Black population decreased slightly from 32% in 2013 to 28% in 2022. The Hispanic population grew from 1% in 2013 to 3% in 2022. The Asian community maintained a consistent presence of 1-2% throughout the decade. The multiracial population increased from 1% in 2013 to 3% in 2022.
The zip code experienced significant economic growth over the past decade. The median income increased from $55,205 in 2013 to $73,560 in 2022, representing a 33% growth over nine years. The population grew from 35,337 in 2013 to 36,397 in 2022, a modest increase of about 3%. The substantial income growth, outpacing population growth, suggests gentrification or an influx of higher-income residents.
The trends observed in this zip code align with broader patterns seen in many urban and suburban areas across the United States. The significant increase in median income coupled with subtle demographic shifts is characteristic of gentrifying areas, where rising property values and cost of living can lead to displacement of lower-income residents. The growth in Hispanic and multiracial populations reflects national trends of increasing diversity, particularly in urban and suburban areas. The substantial increase in median income over the decade outpaces national averages, suggesting this area has experienced stronger economic growth than many other parts of the country.
Zip code 29407 in Charleston, South Carolina remains a "White Majority" area, but shows signs of transitioning towards greater diversity. The significant economic growth and subtle demographic shifts suggest a community in flux, potentially moving towards a more diverse and affluent future. These changes likely have implications for local culture, politics, and community dynamics that warrant further investigation.
