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Demographic Analysis of Zip Code 29470: Transition to Moderate Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 29470 in Ravenel, South Carolina, is classified as a "Moderate Diversity" community as of 2022. The population distribution shows 47% Black, 46% White, and 5% Hispanic residents. The median income is $58,502, and the population is 5,831.
Over the past decade, this zip code has undergone significant demographic changes. In 2013, the area had a Black Plurality with 49% Black and 48% White residents. By 2018, it shifted to a White Majority with 63% White and 31% Black residents. Recently, it has evolved into a more balanced, Moderately Diverse community. The Hispanic population increased from 0% in 2013 to 5% in 2022. The "Two or More Races" category grew from 0% to 2% over the decade.
The median income has fluctuated, increasing overall from $45,405 in 2013 to $58,502 in 2022, a 28.8% increase. A notable spike to $75,651 occurred in 2021, followed by a decrease in 2022. The transition to a more diverse community coincided with an overall increase in median income.
The population has grown steadily from 3,928 in 2010 to 5,831 in 2022, a 48.4% increase. This significant growth could be a factor in the changing racial demographics and economic landscape.
The demographic shift towards increased diversity aligns with broader national trends of growing diversity in suburban and rural areas. The income growth generally outpaces national averages, suggesting a relatively robust local economy. The rapid population growth of 48.4% over 12 years is significantly higher than the national average, indicating that this area is attracting new residents at an above-average rate.
Zip code 29470 in Ravenel, South Carolina, has transformed from a community with a Black Plurality to a Moderately Diverse area over the past decade. This demographic shift has been accompanied by overall economic growth and significant population increase. The area appears to be in a state of transition, with growing diversity and economic opportunities potentially attracting new residents. These changes likely have implications for local services, housing demand, and community dynamics.
