Zip code 46072 has experienced a slight population decline over the past decade, from 9,623 in 2013 to 9,074 in 2022. Despite this decrease, the median income has shown an overall upward trend, rising from $58,473 in 2013 to $63,651 in 2022, with some fluctuations in between.

The racial composition of zip code 46072 has remained relatively stable, with a predominantly white population (94% in 2022). There has been a small increase in diversity, with the Hispanic population growing from 1% in 2013 to 3% in 2022, and the introduction of a small Black population (1% in 2022).

The completion of the Tipton Senior Apartments in 2020 aligns with the area's demographic trends, potentially addressing the needs of an aging population in a community with rising median incomes.

Zip code 46072 demonstrates a modest but consistent commitment to affordable housing through LIHTC funding. The area has seen two major affordable housing projects over a 23-year period, with the most recent focusing on senior housing. While the LIHTC funded units represent a small percentage of the estimated housing inventory, they provide affordable options in an area with rising median incomes. The stable racial composition and slight population decline, coupled with income growth, suggest a community in transition, where affordable housing initiatives continue to play a role in maintaining economic diversity and addressing specific demographic needs, such as those of the senior population.