Over the past decade, the population in zip code 92833 has remained relatively stable, with slight fluctuations. The median income has shown a significant increase, rising from $83,869 in 2015 to $98,396 in 2022. This upward trend in income might indicate a growing need for affordable housing options to maintain economic diversity in the area.

The racial composition of the zip code has also evolved. The Hispanic population has grown slightly from 37% in 2015 to 39% in 2022, while the Asian population has remained stable at around 34-35%. The white population has decreased from 24% to 21% during this period. These demographic shifts could influence the demand for culturally appropriate affordable housing options.

The LIHTC program has made a modest contribution to the affordable housing inventory in zip code 92833, with 108 units representing about 0.52% of the estimated housing stock. The Courtyard Apartments, completed in 2019, demonstrates a recent commitment to addressing affordable housing needs in the area. The increasing median income and evolving racial demographics suggest an ongoing need for affordable housing options to maintain community diversity and economic inclusivity. Though the current LIHTC-funded inventory is a step towards addressing affordable housing needs, continued efforts may be necessary to meet the area's evolving demographic and economic landscape.