29625, Anderson, SC

Anderson, SC is located in the Upstate region of South Carolina and has a population of just over 30,000 people. The 29625 zip code covers a total area of just under 10 square miles and has a median home value of $123,000. Home values in this zip code have increased significantly over the past few years, with the average home value increasing by almost 20% between 2013 and 2016.

The majority of homes in this zip code are owner-occupied, with around 85% of households owning their own home. Around 15% of homes in this zip code are occupied by renters, while around 5% are occupied by military personnel or their families. The median age for residents in this zip code is 38 years old, which is slightly higher than the statewide median age of 37 years old.

Home equity is an important factor when considering purchasing a home, and homeowners in Anderson have seen significant gains in their equity levels over the past few years. The average homeowner's equity level was $122,000 as of 2016, which represents an increase of almost 20% since 2013. This strong growth is likely due to continued appreciation rates for homes in Anderson and across the U.S., as well as low interest rates that make it easier for homeowners to borrow money to fund their purchases.