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Demographics
Population
Median Income
Racial Distributions
Zip code 29829 in Graniteville, South Carolina, is classified as a "White Majority" community with moderate diversity as of 2022. The white population constitutes 63% of residents, while Black and Hispanic populations represent 24% and 9% respectively. The area has undergone demographic and economic changes in the past decade, with a current median income of $65,403 and a population of 11,908.
Graniteville has maintained its "White Majority" status over the past decade, but with a trend towards increased diversity. The white population decreased from 68% in 2013 to 63% in 2022, while the Hispanic population grew from 5% to 9%. The Black population remained relatively stable, fluctuating between 21% and 28%. Asian and multiracial populations showed slight increases, contributing to the overall diversification trend.
The median income in Graniteville has shown volatility over the past decade. From 2013 to 2019, there was a downward trend, with median income decreasing from $56,664 to $56,752. However, the area experienced an economic upswing from 2020 to 2021, with median income rising to $75,572 in 2021 before moderating to $65,403 in 2022. This economic fluctuation appears to correlate with demographic changes.
Population growth has been substantial, increasing from 7,547 in 2010 to 11,908 in 2022, indicating the area's attractiveness to new residents. This growth may have contributed to the diversification of the community and potentially influenced economic trends.
The demographic shifts observed in Graniteville align with broader national trends of increasing diversity in suburban and rural areas. The growth of the Hispanic population reflects similar patterns seen across many parts of the United States.
The economic volatility experienced in this zip code, especially the sharp increase in median income from 2020 to 2021, may be partly attributed to national economic factors such as pandemic-related stimulus measures and changes in employment patterns. However, the subsequent moderation in 2022 suggests local factors may also play a significant role in the area's economic dynamics.
Graniteville (29829) is experiencing a gradual transition towards greater diversity while maintaining a White Majority status. The community has shown resilience in the face of economic fluctuations, with recent years indicating a trend towards higher median incomes. These demographic and economic shifts are likely to continue shaping the local community dynamics in the coming years.