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ZIP Code 29588

Learn about the people, housing, costs and businesses in 29588

Median Home$251,740
Median Rent$1,305/month
Population52,273
Leading IndustriesEducation · Wholesale Trade · Professional Services4% education
Home Value Growth⬆⬆⬆+30.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners78% of occupied units
NotableVeteran Community10% of residents · top 16% nationally
ZIP Code
29588

Frequently Asked Questions

What are today's mortgage rates in ZIP code 29588?

As of today, the 30-year fixed mortgage rate for ZIP code 29588 is approximately 6.945% (6.983% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 29588
What is the median home price in ZIP code 29588?

The median home value in ZIP code 29588 is $252k. The median monthly rent is $1,305. Annual property taxes average $828. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 29588?

Home values in ZIP code 29588 have increased 30.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 29588?

Based on a typical all-in ownership cost of $1,101/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 29588 is $69k/year.

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What industries drive the economy in ZIP code 29588?

The largest employment sectors in ZIP code 29588 are public administration (18%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

Other ZIP codes in MYRTLE BEACH