The inventory in zip code 36278 consists of 8 one-bedroom units and 22 two-bedroom units, accommodating various household sizes. Neither project has a specific target population, suggesting they serve a general low-income demographic.

Over the past decade, the population in zip code 36278 has remained relatively stable, fluctuating between 3,400 and 3,800 residents. The median income has shown a notable increase, rising from $34,011 in 2013 to $45,339 in 2022, potentially indicating improving economic conditions for some residents.

Racial demographics in zip code 36278 have remained fairly consistent. The white population comprises the majority (77% in 2022), followed by Black residents (15% in 2022). The Hispanic population has maintained a small but steady presence, around 3-5% throughout the decade.

Despite the rising median income, the absence of new LIHTC projects in recent years in zip code 36278 does not necessarily indicate a lack of need for affordable housing. Other factors, such as funding availability or local development priorities, may have influenced this trend.

Zip code 36278 has a modest LIHTC funded affordable housing inventory, established in the early 1990s. While these units represent a small percentage of the estimated housing stock, they provide crucial low-income housing options. The area has experienced stable population levels and increasing median incomes over the past decade. Despite these demographic shifts, the long-standing LIHTC projects continue to play a vital role in the local housing landscape, though no new projects have been developed in recent years.