The zip code has experienced population growth and income fluctuations over the past decade. The population increased from 1,353 in 2013 to 1,528 in 2022. Median income rose from $32,389 in 2013 to $53,670 in 2022, with a peak of $77,295 in 2020. The racial composition has remained predominantly white, decreasing slightly from 93% in 2019 to 86% in 2022. There has been a small increase in diversity, with Asian representation growing from 1% to 5% and Hispanic representation from 1% to 3% during this period.

The completion of the Pond View project in 2019 coincides with a period of population growth and increasing median income in the zip code. This timing suggests that the LIHTC project was developed in response to growing housing needs in an area experiencing economic improvement.

Zip code 28637 demonstrates a recent commitment to affordable housing through the LIHTC program. The Pond View project provides a significant contribution to the area's affordable housing stock, covering about 10% of the estimated housing inventory. The diverse unit mix caters to various household sizes, reflecting an attempt to meet different housing needs in the community. The development of this LIHTC project aligns with population growth and increasing median income, indicating a responsive approach to the area's evolving housing requirements. While the zip code remains predominantly white, slight increases in diversity over the past few years may influence future affordable housing needs and development strategies.