Racial demographics in zip code 07946 have also shifted. The white population percentage has decreased from 80% in 2013 to 78% in 2022, while the Hispanic population has increased from 7% to 10%. The Asian population has remained relatively stable, moving from 11% to 8% during this period. These changes suggest a gradual increase in diversity within the zip code.

The presence of LIHTC housing, established in 2012, may have helped maintain some economic diversity in zip code 07946 despite the rising median income. However, the relatively small number of affordable units compared to the total housing stock indicates that affordability could remain a challenge for lower-income residents.

Zip code 07946 in Millington, New Jersey, has a modest but important LIHTC-funded affordable housing presence, with 51 low-income units completed in 2012. These units represent about 3.84% of the estimated housing stock, providing some affordable options in an area that has seen significant income growth over the past decade. While the community has become slightly more diverse, the limited number of affordable units compared to the overall housing inventory suggests that maintaining economic diversity may be an ongoing challenge in this zip code.