Over the last decade, the population in zip code 27249 has shown steady growth, increasing from 13,996 in 2013 to 15,736 in 2022. The median income has also risen significantly, from $62,305 in 2013 to $72,896 in 2022, indicating improving economic conditions for residents.

Racial demographics have remained relatively stable, with a slight increase in diversity. The white population decreased marginally from 73% in 2013 to 73% in 2022, while the Black population decreased from 21% to 18%. There has been a small increase in Asian and multiracial populations.

The lack of new LIHTC projects in the last decade, despite population growth, might be attributed to the rising median income, which could indicate a reduced need for additional low-income housing. However, other affordable housing programs not captured in this data may be addressing local needs.

Zip code 27249 in Gibsonville, North Carolina, has a modest LIHTC funded affordable housing inventory established in the early 1990s. These projects provide 38 low-income units, representing a small fraction of the estimated housing stock. The area has experienced population growth and significant income increases over the past decade, which may have influenced the lack of recent LIHTC development. The racial composition has remained relatively stable with slight increases in diversity. This analysis provides insight into the LIHTC-funded affordable housing landscape in this zip code, but a comprehensive understanding of affordable housing needs would require consideration of other housing programs and local economic factors.