Over the past decade, the population in zip code 12538 has remained relatively stable, fluctuating between about 13,970 and 14,370 residents. The median income has shown a slight upward trend, increasing from $81,141 in 2013 to $84,296 in 2022, indicating a modest improvement in economic conditions.

Racial demographics in zip code 12538 have shifted somewhat during this period. The white population has decreased from 87% in 2013 to 77% in 2022, while there have been slight increases in the Black, Hispanic, and Asian populations. This gradual diversification of the community may influence future affordable housing needs and strategies.

Despite these demographic changes, no new LIHTC projects have been developed in zip code 12538 in the last decade. This could be due to various factors, including the relatively high median income of the area, which might reduce the perceived need for additional affordable housing units.

Zip code 12538 has a single LIHTC-funded affordable housing project, Stone Ledge Apartments, which provides 84 low-income units. While this represents a small percentage of the estimated housing inventory, it contributes to addressing affordable housing needs in the area. The demographic trends show a stable population with a slightly increasing median income and gradual racial diversification. These factors, along with the existing LIHTC investment, may influence future affordable housing development strategies in this zip code.