Over the past decade, the population in zip code 08037 has remained relatively stable, fluctuating between 24,000 and 25,000 residents. The median income has shown an overall upward trend, rising from $75,834 in 2013 to $77,693 in 2022, with some fluctuations in between. This increase in median income might suggest a growing need for affordable housing options to maintain economic diversity in the area.

Racial demographics have remained fairly consistent, with a slight increase in Hispanic population from 15% in 2013 to 19% in 2022. The white population has seen a small decrease from 77% to 76% during the same period. These minor shifts in racial composition indicate a slowly diversifying community, which might influence future affordable housing needs.

Zip code 08037 in Hammonton, New Jersey, has a modest but significant LIHTC funded affordable housing presence, covering about 1.37% of the estimated housing inventory. The area has benefited from substantial LIHTC investment, with projects spanning from 2000 to 2015. While the population has remained stable, the increasing median income and slight changes in racial demographics suggest an evolving community that may require continued attention to affordable housing needs. The consistent development of LIHTC projects over the years demonstrates an ongoing commitment to providing affordable housing options in this zip code.