The LIHTC funded housing inventory in this zip code consists of 12 one-bedroom units and 4 three-bedroom units, providing options for both smaller and larger households. Notably, the Chestnut Ridge project, completed in 2018, targets the handicapped population, addressing the specific needs of this demographic group.

Over the last decade, the population in this zip code has grown significantly, from 6,215 in 2014 to 8,274 in 2022, representing a 33% increase. The median income has also risen, from $62,267 in 2014 to $73,569 in 2022, indicating overall economic growth in the area.

The racial composition of the zip code has remained predominantly white, though there has been a slight increase in diversity. The percentage of white residents decreased from 93% in 2014 to 90% in 2022, while the Black population increased from 2% to 3%, and the Hispanic population grew from 1% to 4% during the same period.

The completion of the Chestnut Ridge project in 2018, targeting the handicapped population, aligns with the area's growing population and increasing median income, potentially addressing a specific housing need within the community.

The 63362 zip code area has a small but targeted LIHTC funded affordable housing inventory, representing 0.5% of the estimated total housing stock. The area has seen two LIHTC projects over 22 years, with the most recent focusing on the handicapped population. While the affordable housing stock is limited, it provides a mix of unit sizes to accommodate different household needs. The zip code has experienced significant population growth and increasing median income over the past decade, which may influence future affordable housing needs and development in the area.