ZIP Code 29716 — undefined, undefined Demographics & Data

ZIP code 29716 covers ZIP 29716 with a population of about 4,981.

At a glance, the area shows median age of 38.8 (near the U.S. median).

It sits in the CHARLOTTE media market.

Median household income in ZIP 29716 is about $67,418 — about 10% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 4.7%; unemployment rate near 5.2%; 37.1% of adults with a bachelor’s degree or higher (about 3.4 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Education, Other services, and Finance and insurance; about 16.6% of workers reporting work-from-home (about 1.4 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $290,200 — about 17% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $793 (about 32% below the U.S. median rent ($1,163)), and owner-occupancy near 78.7% (about 13.3 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 29716, a household would need roughly $80,000 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 $1,864. That is about 19% above the local median household income ($67,418), 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.