Over the past decade, zip code 19020 has experienced demographic shifts. The population has remained relatively stable, increasing slightly from 55,076 in 2020 to 56,923 in 2022. Median income has shown an upward trend, rising from $76,166 in 2020 to $76,019 in 2022, with a peak of $83,269 in 2021.

Racial demographics in zip code 19020 have evolved. The white population has decreased from 65% in 2020 to 62% in 2022, while the Asian population has increased from 13% to 15%. The Hispanic population has grown from 10% to 13% during this period. These changes suggest a gradual diversification of the area's population.

The stable population and increasing median income, coupled with the existing LIHTC projects, may explain why no new LIHTC developments have been recorded in recent years in zip code 19020. However, the growing diversity and slight population increase could potentially signal a need for future affordable housing considerations.

Zip code 19020 presents a modest but established affordable housing landscape supported by LIHTC funding. With 95 low-income units, primarily one-bedroom accommodations, the area has maintained a consistent affordable housing presence since the late 1990s. While recent years have not seen new LIHTC projects, the zip code's changing demographics and steady population growth suggest that ongoing assessment of affordable housing needs may be beneficial to ensure the community's evolving requirements are met.