Zip code 12547, which includes Milton in New York, has a population of 2,993 as of 2022. This zip code contains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing project. The LIHTC program has funded 47 low-income units in this zip code, all of which are designated as affordable housing. These units represent approximately 4.1% of the estimated 1,147 housing units in the zip code.

The LIHTC project in zip code 12547 received $678,160 in tax credits, averaging $14,429 per unit in federal funding. This investment constitutes 0.03% of New York State's total LIHTC funding. The sole LIHTC project in this zip code, Milton Harvest, was completed in 2011. All 47 units in Milton Harvest are one-bedroom apartments.

Zip code 12547 has experienced demographic changes over the past decade. The population increased from 2,550 in 2019 to 2,993 in 2022. Median income rose from $86,371 in 2019 to $87,904 in 2022, with a peak of $102,778 in 2021. Racial diversity has increased, with the white population percentage decreasing from 91% in 2019 to 71% in 2022. The Black population grew from 2% to 7%, and those identifying as two or more races increased from 1% to 10% during this period. The Hispanic population remained relatively stable at around 6-8%.