Over the past decade, zip code 75214 has experienced some demographic shifts. The population has remained relatively stable, increasing from 32,662 in 2013 to 33,331 in 2022. Median income has grown substantially, rising from $102,811 in 2013 to $125,055 in 2022, indicating an overall increase in the area's affluence.

Racial distribution has remained fairly consistent, with a slight increase in the white population from 70% in 2013 to 71% in 2022. The Hispanic population has decreased from 21% to 17%, while the Black population has increased from 5% to 7%. The Asian population has remained stable at around 2-3%.

The absence of new LIHTC projects in the last decade may be attributed to the area's rising median income and relatively stable demographics, potentially indicating a reduced need for additional low-income housing in this specific zip code.

Zip code 75214 in Dallas has a modest LIHTC funded affordable housing inventory, with 167 units across three projects. These developments, primarily built in the early 1990s, represent about 1.31% of the estimated housing stock. While this percentage is lower than the target of 15-20% for affordable housing, other programs may contribute to the overall affordable housing inventory.

The area has experienced significant income growth over the past decade, with relatively stable racial demographics. This economic trajectory, combined with the existing LIHTC projects, may have influenced the lack of new affordable housing developments in recent years. Continued monitoring of housing needs in this zip code is necessary to ensure that affordable options remain available to those who require them.