ZIP Code 29505 — Florence city, SC Demographics & Data

ZIP code 29505 covers Florence, SC in Florence County with a population of about 23,953.

At a glance, the area shows median age of 39.9 (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 29505 is about $64,194 — about 15% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 18.7%; unemployment rate near 2.6%; 26.2% of adults with a bachelor’s degree or higher (about 7.5 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Education, and Manufacturing; about 11.7% of workers reporting work-from-home (about 3.5 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 $174,100 — about 50% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $908 (about 22% below the U.S. median rent ($1,163)), and owner-occupancy near 71.9% (about 6.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 29505 in Florence, SC, a household would need roughly $48,000 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 $1,118. That sits below the local median household income ($64,194), 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 958 for ZIP 29505 (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.