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ZIP 29240 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 29240

Median Home Value
$178,600
Median Rent
$825
Affordability Snapshot
$49,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,147/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 29240, a household would need roughly $49,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,147. That sits below the local median household income ($55,441), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
61.2%-6% vs US avg
x
Vacancy Rate
9.3%-10% vs US avg
x
Broadband Access
82.5%-5% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
16.3%+27% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
23.6%-53% vs US avg
x
Mortgage-Free
32.0%-16% vs US avg
x
$178,600
Home Value
$825
Rent
1957
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached76.5%
  • 1-unit attached3.3%
  • 2-9 units10.4%
  • 10+ units9.8%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$178,600
Median rent$825
Owner-occupied61.2%
Vacant9.3%
Price-to-income3.2x
Est. income to buy$49,000