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Rental Insights for ZIP Code 29944 (Varnville, SC)

Housing Rentals in ZIP Code 29944 (Varnville, SC)

29944 ZIP Code in South Carolina

A Detailed Snapshot of Renters in the ZIP Code 29944

The 29944 ZIP Code is predominantly located in Varnville, SC in Hampton County. The median housing rent in this region or South Carolina is estimated at $624 per month. About 24.5% of housing units in this Hampton County ZIP Code are renter-occupied. Additionally, the region has an approximate rental vacancy rate of 23.9%.

The median rent in ZIP Code 29944 of $624 per month is 30% lower than the aggregate South Carolina median monthly rent of $894, and is 41% lower than the $1,062 the median monthly rent in the U.S. overall. About 72.2% of residents in ZIP Code 29944 pay between $500 and $999 per month for rent. That is 43% higher than in South Carolina overall, in which 50.5% of total state residents pay between $500 and $999 per month for housing. Just 8.6% of renters in ZIP Code 29944 pay between $1,000 and $1,499 per month for housing.

ZIP Code 29944 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 29944

See the chart below for a comparison of monthly rental costs in ZIP Code 29944, South Carolina, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 29944 along with those in the state of South Carolina and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 29944

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 29944 South Carolina U.S.
Less than $500 19.2% 11.1% 9.4%
$500 to $999 72.2% 50.5% 36.2%
$1,000 to $1,499 8.6% 28.1% 30.0%
$1,500 to $1,999 0.0% 7.2% 14.0%
$2,000 to $2,499 0.0% 1.8% 5.6%
$2,500 to $2,999 0.0% 0.7% 2.4%
$3,000 or more 0.0% 0.6% 2.4%

Rent Cost vs. Income in ZIP Code 29944

Renters in ZIP Code 29944 use an estimated 27.51% of their income to cover their monthly rent payments. That is about 7% lower than in South Carolina overall. The estimate for South Carolina overall is 29.65% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 29944 renters use about 8% less of their income to cover rent expense. Household income figures for ZIP Code 29944 come in lower than in South Carolina as a whole. The median annual household income in ZIP Code 29944 of $34,148 sits approximately 36% lower than the overall South Carolina median income of $53,199 and approximately 46% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 29944

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 29944, South Carolina, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 29944 along with the same calculations in the state of South Carolina and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 29944

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 29944 South Carolina U.S.
Less than 15.0 percent 2.6% 13.3% 13.1%
15.0 to 19.9 percent 15.5% 13.2% 12.9%
20.0 to 24.9 percent 33.0% 13.1% 12.9%
25.0 to 29.9 percent 15.2% 11.3% 11.6%
30.0 to 34.9 percent 14.3% 9.1% 9.1%
35.0 percent or more 19.5% 40.0% 40.5%

Household Income in ZIP Code 29944

See the table below for the regional comparison of annual household income in ZIP Code 29944.

Income ZIP 29944 South Carolina U.S.
Less than $10,000 6.5% 7.4% 6.0%
$10,000 to $14,999 7.7% 5.1% 4.3%
$15,000 to $24,999 18.5% 10.4% 8.9%
$25,000 to $34,999 18.1% 10.5% 8.9%
$35,000 to $49,999 12.5% 13.8% 12.3%
$50,000 to $74,999 19.9% 18.2% 17.2%
$75,000 to $99,999 5.0% 12.5% 12.7%
$100,000 to $149,999 9.8% 12.7% 15.1%
$150,000 to $199,999 1.2% 4.8% 6.8%
$200,000 or more 0.7% 4.6% 7.7%

Household Income in ZIP Code 29944

See the chart below for a comparison of annual household income figures in ZIP Code 29944, South Carolina, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 29944 alongside the same figures for the state of South Carolina and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 29944

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 29944.

ZIP 29944 South Carolina U.S.
Median Housing Rent $624 $894 $1,062
Renter-Occupied Housing Units 24.5% 30.6% 36.0%
Rental Vacancy Rate 23.9% 9.2% 6.0%
Average Size of Renter-Occupied Unit 2.70 2.48 2.49
Average # of Bedrooms Per Unit 2.78 2.88 2.75
Percent of Income Spent on Rent 27.51% 29.65% 29.83%
Per Capita Income $19,613 $29,426 $34,103
Median Household Income $48,139 $73,520 $88,607
Living Below the Poverty Line 12.8% 10.9% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 29944

In ZIP Code 29944 (Varnville, SC), and estimated 24.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 23.9%.

The per capita income in 29944 is estimated at $19,613, which goes along with an estimated median household income of $48,139. About 12.8% of residents in this Hampton County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.70 occupants, while the units have an aggregate average size of 2.78 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.51% of their income on housing rental costs.

Rental FAQs for ZIP Code 29944

1

What is the median monthly rent in ZIP Code 29944?

Median rent for housing in ZIP Code 29944 in Hampton County in South Carolina is approximately $624 per month.
2

Is it expensive to rent in ZIP Code 29944?

Rent in ZIP Code 29944 is lower than average in the state of South Carolina overall. The median monthly rent of $624 in ZIP Code 29944 is approximately 30% lower than the South Carolina median of $894. Additionally, median rent in this Varnville, SC region ($624) is about 41% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 29944?

High-priced rentals are not common in the Varnville, SC ZIP Code of 29944, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of South Carolina overall, approximately 0.6% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 29944?

Affordable rentals are more common in ZIP Code 29944 than in South Carolina overall. The percentage of housing rentals in ZIP Code 29944 costing $999 or less per month (91.4%) is approximately 48% higher than the South Carolina rate of 61.6% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 100% lower than the previously mentioned 29944 rate of 91.4%.
5

What is the most common cost range that rentals fall into in ZIP Code 29944?

The most common range for rental cost in ZIP Code 29944 is between $500 and $999 per month. About 72.2% of renters in 29944 pay in this range for monthly rent. In comparison, approximately 50.5% of renters in the state of South Carolina fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 29944 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 29944 is higher than the rental vacancy rate in the state of South Carolina overall. Rental vacancy of 23.9% in ZIP Code 29944 is about 160% higher than the South Carolina rate of 9.2%. Looking more broadly, rental vacancy in this Varnville, SC region (23.9%) is an estimated 298% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 29944? How does it compare to other South Carolina regions?

Median household income in ZIP Code 29944 is lower than in the state of South Carolina overall. Annual household income of $34,148 in ZIP Code 29944 is about 36% lower than the South Carolina median of $53,199. Additionally, median household income in this Varnville, SC region ($34,148) is approximately 46% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 29944 spend on housing costs?

Renters in ZIP Code 29944 spend a lower amount of their income on rent costs than do renters in South Carolina overall. Renters in ZIP Code 29944 spend an estimated 27.51% of their income on rent payments, which is about 7% lower than the overall South Carolina estimated rate of 29.65%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 8% higher than the ZIP Code 29944 estimated rate of 27.51%.
9

Do renters in ZIP Code 29944 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 29944 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 29944 spending 30 percent or more of their income on rent costs (33.8%) is approximately 31% lower than the South Carolina rate of 49.1% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 32% higher than the aforementioned 29944 rate of 33.8%.
10

What is the average household size of renter-occupied units in ZIP Code 29944?

The average household size of renter-occupied units in ZIP Code 29944 is higher than in the state of South Carolina overall. Annual household size of 2.70 in ZIP Code 29944 is about 9% higher than the South Carolina median of 2.48. Additionally, median household size in this Varnville, SC region (2.70) is approximately 8% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other South Carolina ZIP Codes