Over the past decade, the zip code has experienced steady population growth, increasing from 13,629 in 2010 to 17,008 in 2022. The median income has also risen significantly, from $64,765 in 2013 to $74,100 in 2022, suggesting an overall improvement in economic conditions. Racial demographics have shown some changes, with the white population decreasing from 85% in 2013 to 76% in 2022. Conversely, the Black population has increased from 8% to 13% during the same period. The Hispanic population has remained relatively stable, fluctuating between 2% and 5% over the years.

These demographic shifts, particularly the increase in racial diversity and population growth, may have influenced the need for affordable housing in the area. The completion of multiple LIHTC projects in the early 2010s aligns with the period of rapid population growth and increasing diversity.

Zip code 72022 has a notable LIHTC-funded affordable housing inventory, with 260 total units and 206 low-income units. The area has received significant investment through the LIHTC program, representing 1.54% of the state's total credits. The affordable housing stock has developed over more than a decade, with the most activity occurring in the 2010s. The diverse unit mix caters to various household sizes, reflecting the changing demographics of the area. The LIHTC-funded units cover about 4% of the estimated housing inventory, playing a crucial role in providing affordable options in a zip code that has experienced population growth and increasing median income over the past decade.