Over the past decade, the population in zip code 10509 has remained relatively stable, fluctuating between 19,700 and 20,200 residents. The median income has shown an overall upward trend, increasing from $103,568 in 2013 to $107,067 in 2022, with some fluctuations in between.

Racial demographics have shifted slightly, with the white population decreasing from 77% in 2013 to 66% in 2022. The Hispanic population has increased from 15% to 25% during the same period. Asian and Black populations have remained relatively stable at around 3% and 2% respectively.

The stable population and increasing median income suggest a potentially reduced need for additional affordable housing in recent years. However, the growing Hispanic population could indicate a changing demographic that might benefit from affordable housing options.

Zip code 10509 in Peach Lake, New York, has 135 LIHTC-funded affordable housing units, all contained within one senior residence project completed in 2004. These units represent about 1.77% of the estimated housing inventory. The area has experienced stable population growth, increasing median income, and a shift in racial demographics over the past decade. The changing population composition may warrant ongoing assessment of affordable housing needs in this zip code.