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Affordable Housing Analysis in Zip Code 18252: A Three-Decade LIHTC Presence in Tamaqua, Pennsylvania
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 18252, located in Tamaqua, Pennsylvania, contains 63 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units. These units represent approximately 1.39% of the estimated 4,534 housing units in the zip code, based on the 2022 population of 11,835. The LIHTC projects in zip code 18252 have received $779,272 in tax credits, averaging $12,369 per unit. This funding constitutes 0.13% of Pennsylvania's total LIHTC allocation.
Affordable housing development in zip code 18252 spans three decades. The earliest LIHTC project, Berwick House Apts, was completed in 1992, while the most recent, 420 E Broad St, was finished in 2012. Two projects were completed in the 1990s, with an additional two in the 2000s and 2010s, indicating a consistent, gradual development of affordable housing over time.
The LIHTC-funded units in zip code 18252 consist of 35 one-bedroom apartments, 17 two-bedroom units, and 11 three-bedroom units. This distribution suggests a focus on housing for smaller households and families.
The population of zip code 18252 has remained relatively stable over the past decade, fluctuating between 11,480 and 11,950 residents. The median income has shown an overall upward trend, increasing from $44,168 in 2013 to $55,059 in 2022, with a notable increase to $65,519 in 2021. This income growth may indicate changes in the local economic landscape.
The racial composition of zip code 18252 has remained predominantly white, consistently above 88% throughout the decade. However, there has been a slight increase in diversity, with the Hispanic population growing from 1% in 2013 to 8% in 2022, and a small increase in residents identifying as two or more races.
Zip code 18252 in Tamaqua, Pennsylvania, maintains a modest but established LIHTC-funded affordable housing presence. The area has experienced consistent development of affordable housing projects over three decades, with a variety of unit sizes addressing different household needs. While the population has remained stable, there has been a gradual increase in median income and a slight diversification of the racial composition. These demographic shifts, combined with the ongoing development of LIHTC projects, suggest a continued need for affordable housing options in zip code 18252.
