Over the past decade, the zip code has experienced population growth, increasing from 35,318 in 2013 to 38,227 in 2022. The median income has also risen, from $70,085 in 2013 to $78,629 in 2022, indicating overall economic improvement in the area.

Racial demographics have shifted slightly, with the white population decreasing from 72% in 2013 to 64% in 2022. The Hispanic population has grown from 17% to 25% during the same period. The Black population has remained relatively stable, increasing slightly from 4% to 5%.

Despite these demographic changes and the overall population growth, there have been no new LIHTC projects in the zip code since 2006. This suggests that other affordable housing initiatives or market-rate housing developments may be addressing the area's housing needs.

Zip code 18017 in Bethlehem, Pennsylvania, has a modest LIHTC-funded affordable housing presence, with 127 units representing 0.87% of the estimated housing inventory. The single project, Bethlehem Townhomes II, was completed in 2006 and offers a mix of one-, two-, and three-bedroom units. While the area has experienced population growth and increased median income over the past decade, along with shifts in racial demographics, no new LIHTC projects have been developed since 2006. This analysis provides insight into the affordable housing landscape of the zip code, though other housing programs or market-rate developments may also be contributing to meeting the area's housing needs.