Florence, SC · standard
ZIP Code 29506
Florence County, South Carolina — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 20,960
- 64/sq mi
- $40,311
- Median income
- $123,300
- Median home value
- 14.4%
- Bachelor's or higher
The verdict
Florence pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, mixed-tenure area.
- 6th pct
- household income, US ZIPs
- 18th pct
- home value, US ZIPs
- 64
- people per sq mi
- 54%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 29506 against every reporting US ZIP.
ZIP code 29506 is classified by USPS as a standard delivery area and covers roughly 328.5 square miles in Florence, Florence County, South Carolina. The area is home to 20,960 residents, producing a population density of 64 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 29506 against South Carolina and the nation.
On the economic side, the median household income for ZIP 29506 sits at $40,311 (37% below the South Carolina average), while per-capita income is $25,380. The poverty rate stands at 28.6% and the unemployment rate at 8.4%. On housing, the median home value is $123,300 (45% below the state average) with median rent at $798 per month, and 53.8% of occupied units are owner-occupied, a direct signal of whether 29506 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 14.4% of adults hold a bachelor's degree or higher, the median age is 36.4, and the average commute is 23 minutes. We also surface 2 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Florence County, so you can benchmark 29506 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 29506
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 29506.
- Retail trade
Retail trade
59 establishments
- Health care and social assistance
Health care and social assistance
52 establishments
- Accommodation and food services
Accommodation and food services
40 establishments
- Other services (except public administration)
Other services (except public administration)
31 establishments
- Administrative and support and waste management and remediation services 23
Administrative and support and waste management and remediation services
23 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 29506, Florence, SC · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
20,960
Population
328.5
Area (sq mi)
64
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 29506?
36.4
Median Age
43.4%
Male
56.6%
Female
3.1%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$40,311
Median Household Income
-37% vs state
$25,380
Per Capita Income
28.6%
Poverty Rate
8.4%
Unemployment Rate
22.6 min
Mean Commute Time
How ZIP 29506 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$40,311 6th percentile higher than 6% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
8,963
Total Housing Units
7,233
Occupied Units
1,730
Vacant Units
2.66
Avg Household Size
Occupancy Type
$123,300
Median Home Value
-45% vs state
$798
Median Rent
1983
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+1.9%
YoY Change (2024)
188
HPI Index (2000 = 100)
+88%
Total Change Since 2000
Home values in ZIP 29506 have increased 1.9% over the past year (2024). Since 2000, this ZIP has seen +88% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.0% | 130 |
| 2021 | +5.9% | 138 |
| 2022 | +16.6% | 161 |
| 2023 | +14.8% | 184 |
| 2024 | +1.9% | 188 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 312 business establishments in ZIP 29506, employing approximately 14,825 people with a combined annual payroll of $915,524,000.
312
Businesses
14,825
Employees
$915.5M
Annual Payroll
14
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 59 | 18.9% |
| Health care and social assistance | 52 | 16.7% |
| Accommodation and food services | 40 | 12.8% |
| Other services (except public administration) | 31 | 9.9% |
| Administrative and support and waste management and remediation services | 23 | 7.4% |
| Wholesale trade | 20 | 6.4% |
| Real estate and rental and leasing | 20 | 6.4% |
| Construction | 15 | 4.8% |
| Professional, scientific, and technical services | 14 | 4.5% |
| Manufacturing | 11 | 3.5% |
| Transportation and warehousing | 10 | 3.2% |
| Information | 6 | 1.9% |
| Finance and insurance | 4 | 1.3% |
| Arts, entertainment, and recreation | 3 | 1.0% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 29506 vs 29505 →
ZIP 29506 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 29505
Florence (29505)
24,279 residents
- 29506
Florence (29506)
20,960 residents
- 29565 7,127
Latta (29565)
7,127 residents
What this shows Among its immediate neighbors, ZIP 29506 ranks #2 by population — useful context the national average alone can't give.
ZIP 29506 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 29505
Florence (29505)
$67,343 median income
- 29565
Latta (29565)
$44,871 median income
- 29506
Florence (29506)
$40,311 median income
What this shows By household income, ZIP 29506 ranks #3 of 3 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Florence County
Related Areas
Frequently Asked Questions
What county is ZIP code 29506 in? ▼
What is the population of ZIP code 29506? ▼
What is the median household income in ZIP 29506? ▼
What is the average home value in ZIP 29506? ▼
What is the demographic makeup of ZIP 29506? ▼
How many businesses are in ZIP code 29506? ▼
What are the main industries in ZIP code 29506? ▼
How have home values changed in ZIP code 29506? ▼
What is the education level in ZIP code 29506? ▼
What is the average commute time in ZIP 29506? ▼
What percentage of residents own vs. rent in ZIP 29506? ▼
What is the poverty rate in ZIP code 29506? ▼
ZIP Code Research Guides
Official Data Resources for Florence, SC
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.