29154, Sumter, SC

The 29154 zip code of Sumter, SC has a median home value of $121,000 and a median home equity of $86,000. The homeownership rate in this zip code is 66.5%, which is lower than the statewide homeownership rate of 71.4%. The percentage of homes in this zip code that are occupied is also lower than the statewide occupancy rate of 73.1%. This suggests that there may be more vacant homes in this zip code than occupied homes.

The average monthly mortgage payment for a home in the 29154 zip code is $1,824. This is higher than the statewide average mortgage payment of $1,636 but lower than the national average mortgage payment of $2,088. The percentage of mortgages in this zip code that are interest-only loans is higher than the statewide and national percentages but lower than the percentage of mortgages in this zip code that are adjustable-rate loans. This suggests that borrowers in this area are more likely to have fixed-rate mortgages rather than adjustable-rate mortgages.

The 29154 zip code has a poverty rate of 27% which is higher than the statewide poverty rate (25%) but lower than the national poverty rate (35%). The percentage of households in this zipcode that receive food stamps is also higher than both the statewide and national percentages but lower than both the percentage received by households in this zipcode during 2008 (41%) and 2009 (43%). This suggests that there may be some households living below poverty level who do not receive food stamps or other assistance from government programs.