29409, Charleston, SC

The 29409 zip code of Charleston, SC is home to a population of around 36,000 people. The median household income in this zip code is $60,000, and the median home value is $183,500. This means that the homeownership rate in this zip code is around 68%.

The average monthly mortgage payment for homes in this zip code is $1,088. This means that the average homeowner in this zip code has around $128,000 left over after paying their monthly mortgage bill. This amount of money can be used to pay down other debts or saved for future needs.

One reason why homeownership rates are high in the 29409 zip code of Charleston, SC is because there are not many available properties for sale. In fact, only 2% of all homes for sale in Charleston are located within the 29409 zip code. This means that most potential buyers have to travel outside of the city to find a property they can afford.

Another reason why homeownership rates are high in the 29409 zip code of Charleston, SC is because there are not many available properties for rent. In fact, only 1% of all rental units located within Charleston are located within the 29409 zip code. This means that most potential renters have to travel outside of the city to find a property they can afford.