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ZIP 29602 — 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 29602

Median Home Value
$367,900
Median Rent
$686
Affordability Snapshot
$101,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,363/mo PITI).

19%
Rent-to-Income Ratio

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

8.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

44.7 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 29602, a household would need roughly $101,000 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 $2,363. That is about 128% above the local median household income ($44,205), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
32.7%-50% vs US avg
x
Vacancy Rate
5.0%-52% vs US avg
x
Broadband Access
73.5%-15% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
6.4%-50% vs US avg
x
Built Post-2014
10.7%+56% vs US avg
x
Rent Burden >30%
36.8%-26% vs US avg
x
Mortgage-Free
29.4%-23% vs US avg
x
$367,900
Home Value
$686
Rent
1986
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached54.2%
  • 1-unit attached4.5%
  • 2-9 units23.2%
  • 10+ units17.1%
  • Mobile home & other1.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$367,900
Median rent$686
Owner-occupied32.7%
Vacant5.0%
Price-to-income8.3x
Est. income to buy$101,000