ZIP Code 29501 — Florence city, SC Demographics & Data

ZIP code 29501 covers Florence, SC in Florence County with a population of about 47,259.

At a glance, the area shows median age of 37.7 (near the U.S. median).

It sits in telephone area codes 843, 854; U.S. House district SC-7; the MYRTLE BEACH - FLORENCE media market.

Florence, SC matches a tourism / travel destination profile (tourism/destination place names). Search demand here often clusters around weather, landmarks, short stays, and local services — the live 7-day forecast on this page is especially useful for trip planning.

Median household income in ZIP 29501 is about $70,618 — about 6% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 13.0%; unemployment rate near 4.0%; 33.0% of adults with a bachelor’s degree or higher (roughly in line with the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Manufacturing, and Retail trade; about 8.0% of workers reporting work-from-home (about 7.2 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $220,800 — about 37% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $818 (about 30% below the U.S. median rent ($1,163)), and owner-occupancy near 63.0% (about 2.4 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 29501 in Florence, SC, a household would need roughly $61,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,418. That sits below the local median household income ($70,618), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Florence city, SC as Relatively Moderate (composite score 89.6), which is elevated versus much of the country. The strongest component scores on US5 are hurricane (96.0) and wildfire (86.5). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Florence city, SC show little to no average snow and around 45.3 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,890 for ZIP 29501 (Florence city, SC) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.