Over the past decade, the zip code has experienced steady population growth, increasing from 14,077 in 2013 to 16,944 in 2022. This represents a 20.4% increase in population. During the same period, the median income has risen significantly from $59,096 in 2013 to $74,411 in 2022, indicating an overall improvement in economic conditions.

The racial composition of the zip code has remained relatively stable, with a slight decrease in the white population from 91% in 2013 to 87% in 2022. There has been a small increase in diversity, with modest growth in the Asian, Hispanic, and multi-racial populations.

Despite the population growth and rising median income, there have been no new LIHTC projects in the area since 1994. This could be due to the relatively high median income, which may reduce the perceived need for additional affordable housing in the area.

Zip code 28164 has a single LIHTC-funded affordable housing project, Mclurd Manor, which has been serving the community since 1994. While this project provides 34 low-income units, it represents a small fraction (0.52%) of the estimated housing inventory. The area has experienced significant population growth and rising median incomes over the past decade, which may have influenced the lack of new LIHTC developments. The demographic trends suggest a slowly diversifying population, although the area remains predominantly white. The limited LIHTC presence in this zip code indicates that other affordable housing programs or market-rate housing may be meeting the needs of lower-income residents in the area.