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 Moderate-density area
- $40,311
- Median income Below-median income area
- $123,300
- Median home value Below-median home value
- 14.4%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 29506 (Florence, SC) rose +1.9% from 2023 to 2024. The all-transactions index moved from 184.4 in 2023 to 187.9 in 2024 (2000 = 100).
ZIP code 29506 is a densely settled ZIP (a standard USPS delivery area) in Florence, Florence County, South Carolina, with 20,960 residents across 328.5 square miles, a density of 64 people per square mile, in the New York time zone.
ZIP 29506 reports a modest median household income of $40,311 (37% below the average South Carolina ZIP), while per-capita income is $25,380. The poverty rate is 28.6%, so the area-level income figures should not be treated as typical household experience. Home values sit below the statewide ZIP benchmark: the median is $123,300 (45% below the average South Carolina ZIP), and median rent is $798; owner occupancy is 53.8%.
Formal educational attainment runs low here: just 14.4% of adults hold a bachelor's degree or higher, the median age is 36.4, and the average commute is 23 minutes. The page also surfaces 2 ZIP codes within roughly 10 miles and 6 more in Florence County, so 29506 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 29506
Top 5 sectors by establishment count in Florence, SC
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$25,380
Per Capita Income
28.6%
Poverty Rate
8.4%
Unemployment Rate
22.6 min
Mean Commute Time
How ZIP 29506 ranks among South Carolina ZIPs
Florence, SC household income vs. every South Carolina ZIP code
Median household income among 384 reporting South Carolina ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$40,311 9th percentile higher than 9% of 384 South Carolina ZIPs
Each bar is a $20K-wide band; taller bars hold more South Carolina 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?
Housing stock: occupied vs vacant
8,963housing units
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 ZIP avg
$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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 29506, both outside SC so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (20,960 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Florence County
Related Areas
Frequently Asked Questions
What county is ZIP code 29506 in?
ZIP code 29506 (Florence) is located in Florence County, South Carolina. Florence County contains multiple ZIP codes, see the full list at /counties/florence-sc.
What is the population of ZIP code 29506?
ZIP code 29506 in Florence, SC has a population of 20,960 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 29506?
The median household income in ZIP 29506 is $40,311, which is 47% below the national average of $76,288.
What is the average home value in ZIP 29506?
The median home value in ZIP 29506 is $123,300, which is 56% below the national average of $278,155.
What is the demographic makeup of ZIP 29506?
The largest racial group in ZIP 29506 is African American at 65.4%. Hispanic or Latino residents make up 4.7% of the population.
How many businesses are in ZIP code 29506?
ZIP code 29506 has 312 business establishments employing approximately 14,825 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 29506?
The top industries by establishment count in ZIP 29506 are: Retail trade (59), Health care and social assistance (52), Accommodation and food services (40). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 29506?
According to the FHFA House Price Index, home values in ZIP 29506 increased by 1.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 88%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 29506?
In ZIP code 29506, 48.7% of residents aged 25+ have a high school diploma or higher, and 14.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 29506?
The mean commute time for workers in ZIP code 29506 is 22.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 29506?
In ZIP code 29506, approximately 53.8% of occupied housing units are owner-occupied and 46.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 29506?
The poverty rate in ZIP code 29506 is 28.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 29506's numbers, next.
- See how ZIP 29506 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Florence, SC ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.