29614, Greenville, SC

The 29614 zip code of Greenville, SC has a population of around 116,000 people. The median household income in this zip code is $53,000 which is lower than the national median household income of $59,000. The percentage of households that are renters is higher than the national percentage of renters at 37%. The percentage of households that own their homes is lower than the national percentage of homeowners at 63%.

The average home value in this zip code is $158,000 which is lower than the national average home value of $217,500. The percentage of homes that are owner-occupied is lower than the national percentage of owner-occupied homes at 62%. The percentage of homes that are renter-occupied is higher than the national percentage of renter-occupied homes at 37%.

There are a number factors that could contribute to why the home values in this zip code are lower than the national average. Some possible reasons include: low incomes and low home values relative to other areas in similar size, high rates of homeownership among recent immigrants who may not have had time to save up for a down payment or may not be able to afford monthly payments on a mortgage, and a lack of available housing due to zoning restrictions or limited availability within desirable neighborhoods.