Over the past decade, the zip code has experienced slight fluctuations in population, with an overall growth trend. The population increased from 31,934 in 2019 to 33,500 in 2022, indicating a growing demand for housing.

Median income in the area has shown an upward trend, rising from $76,507 in 2019 to $77,072 in 2022. This increase in median income might suggest a potential decrease in the need for affordable housing, although income growth does not necessarily benefit all segments of the population equally.

Regarding racial demographics, the zip code has maintained a relatively stable composition over the past decade. The white population has remained the majority, comprising 89% of the population in 2022. There has been a slight increase in diversity, with small growth in Hispanic and multi-racial populations.

The LIHTC program has made a modest contribution to the affordable housing inventory in zip code 17202, providing 4 low-income units through one project completed in 2008. This represents a small percentage of the estimated total housing units.

The zip code has experienced population growth and increasing median income over the past decade, which could influence the demand for affordable housing. The racial composition has remained relatively stable, with a slight trend towards increased diversity.

This analysis provides an objective view of LIHTC-funded affordable housing in the zip code, considering demographic trends and housing needs. Affordable housing needs may be addressed through various programs and initiatives beyond LIHTC, which are not reflected in this data.