Over the past decade, Plymouth Park has experienced demographic shifts. The population has grown from 12,092 in 2013 to 13,057 in 2022, indicating a steady increase in residents. Median income has also seen significant growth, rising from $55,444 in 2013 to $69,926 in 2022, representing a 26% increase over this period.

The racial composition of the neighborhood has evolved. The Hispanic population has increased from 66% in 2013 to 76% in 2022, becoming more predominant. Conversely, the white population has decreased from 28% to 19% during the same period. The Black and Asian populations have remained relatively stable, each representing about 2-4% of the neighborhood's residents.

Despite these demographic changes and the increase in median income, there have been no new LIHTC projects completed in the neighborhood in recent years. This could suggest that other forms of affordable housing or economic factors are meeting the needs of lower-income residents, or that development priorities have shifted.

Plymouth Park's LIHTC funded affordable housing inventory, while modest in relation to the estimated total housing units, provides 160 units, with 107 specifically designated for low-income residents. The existing projects, dating back to 1990, offer a mix of one and two-bedroom units, catering to various household sizes. While the neighborhood has experienced population growth and a significant increase in median income over the past decade, along with shifts in racial composition, there has been no recent addition to the LIHTC funded housing stock. This analysis provides insight into the current state of LIHTC funded affordable housing in Plymouth Park and its relationship to the neighborhood's changing demographics.