Over the past decade, the population in this zip code has shown a general upward trend, increasing from 11,161 in 2013 to 12,080 in 2022. The median income has fluctuated, with a peak of $137,629 in 2021, but decreased to $119,305 in 2022.

Racial demographics have remained relatively stable, with the white population being the majority but showing a slight decrease from 81% in 2013 to 72% in 2022. The Asian population has increased slightly from 7% to 9%, while the Hispanic population has grown from 6% to 11% during this period.

The completion of LIHTC projects in 2012 aligns with a period of population growth and high median income in the area. However, no new LIHTC projects have been developed in the last decade despite continued population growth and income fluctuations.

Zip code 07932 has a small but present LIHTC-funded affordable housing inventory, representing a tiny fraction of its estimated housing stock. The area has seen population growth and maintained high median incomes over the past decade. While racial diversity has increased slightly, the white population remains the majority. The lack of recent LIHTC developments, despite demographic changes, suggests that other factors may be influencing affordable housing needs and development in this zip code.