Over the past decade, the population in zip code 19129 has remained relatively stable, with a slight increase from 11,527 in 2015 to 12,137 in 2022. Median income has grown significantly, rising from $52,888 in 2015 to $86,171 in 2022, potentially indicating a trend towards gentrification.

The racial composition has shown some shifts, with the white population increasing slightly from 48% in 2015 to 53% in 2022, while the Black population decreased from 40% to 30% during the same period. The Hispanic and Asian populations have remained relatively stable, each representing about 4-6% of the population.

Despite these demographic changes, no new LIHTC projects have been built in zip code 19129 in the last decade. This could be due to the existing affordable housing stock meeting current needs, or possibly related to the rising median income in the area.

Zip code 19129 in Philadelphia has a modest LIHTC-funded affordable housing inventory, covering about 2.92% of its estimated housing stock. The area has seen two LIHTC projects completed between 1988 and 2003, with a focus on three-bedroom units. The population has remained relatively stable over the past decade, but there has been a significant increase in median income and some shifts in racial composition. These demographic changes, coupled with the lack of recent LIHTC developments, suggest a potentially evolving affordable housing landscape in this zip code.