Kill Devil Hills has experienced steady population growth over the past decade, increasing from 10,659 in 2013 to 12,398 in 2022. The median income has generally trended upward, rising from $65,024 in 2013 to $70,366 in 2022, indicating a changing economic landscape in the area.

Racial demographics in zip code 27948 have remained relatively stable, with the white population consistently representing the majority. However, there has been a slight increase in diversity, with the Hispanic population growing from 2% in 2013 to 9% in 2022. The Asian and Black populations have also seen small increases, each reaching 1% by 2022.

Despite demographic changes and population growth, no new LIHTC projects have been developed in zip code 27948 since 1999. This could be attributed to various factors, such as changes in local housing policies, shifts in funding priorities, or the development of affordable housing through other programs not captured in this data.

Zip code 27948 in Kill Devil Hills, North Carolina, has a modest LIHTC-funded affordable housing inventory, consisting of 44 units in a single project completed in 1999. This represents less than 1% of the estimated housing inventory but has provided stable affordable housing options for over two decades. The area has experienced population growth and increasing median incomes over the past decade, along with slight increases in racial diversity. However, no new LIHTC projects have been developed recently, suggesting that other factors may be influencing affordable housing development in the area.