Over the past decade, the zip code's population has remained relatively stable, with slight fluctuations between 11,000 and 11,500 residents. The median income has shown a significant increase, rising from $67,787 in 2013 to $84,880 in 2022, representing a 25% growth over this period.

The racial composition of the zip code has experienced some changes. While the white population remains the majority, it has decreased from 95% in 2013 to 85% in 2022. Conversely, there has been a modest increase in diversity, with the Hispanic population growing from 4% to 9%, and small increases in Asian, Black, and multiracial populations.

The stability in population, coupled with the rising median income, might suggest a decreasing need for additional affordable housing in recent years. However, the growing diversity could indicate changing housing needs that may not be fully addressed by the existing LIHTC project.

Zip code 18055 has a single LIHTC funded affordable housing project that has been serving the community for over two decades. While it provides 47 one-bedroom units, this represents a small portion of the estimated housing inventory. The area has seen economic growth with rising median incomes and increasing diversity over the past decade. These demographic shifts may warrant a reassessment of affordable housing needs in the future, particularly considering the changing racial composition and potential shifts in household sizes and structures.