Zip code 35803 has experienced modest population growth over the past decade, increasing from 25,484 in 2013 to 27,430 in 2022. The median income has also seen an overall increase, rising from $82,831 in 2013 to $85,006 in 2022, with some fluctuations in between. This upward trend in income may partially explain the limited development of new LIHTC projects in recent years, as the area's overall economic prosperity may have reduced the perceived need for additional low-income housing.

The racial composition of zip code 35803 has remained relatively stable, with a slight decrease in the white population from 88% in 2013 to 84% in 2022. There have been small increases in the Asian, Black, and Hispanic populations during this period. The area maintains a predominantly white demographic profile, which could influence the types of affordable housing needs in the community.

Zip code 35803 in Huntsville, Alabama, has a small LIHTC funded affordable housing inventory, representing 0.22% of the estimated total housing units. The area has received a modest allocation of LIHTC funding, which has been used to develop 23 units, including 5 low-income units. Mountain Ridge Apartments, the sole LIHTC project, has provided affordable housing options since 1998. Over the past decade, the zip code has experienced moderate population growth and an increase in median income, which may have influenced the lack of new LIHTC developments. The demographic profile has remained relatively stable, with a predominately white population.