Over the past decade, the zip code has experienced some demographic shifts. The population has remained relatively stable, with a slight decrease from 7,682 in 2013 to 7,160 in 2022. Median income has shown a notable increase, rising from $50,874 in 2013 to $60,200 in 2022, indicating potential economic growth in the area.

Racial demographics have remained fairly consistent, with the white population comprising the majority, though decreasing slightly from 78% in 2013 to 73% in 2022. The Black population has seen a small increase from 12% to 16% during this period. The Hispanic population has remained stable at around 8-9%.

Despite these demographic changes, there have been no new LIHTC projects in the last decade. This could be due to various factors, including the rising median income, which might indicate a reduced need for additional low-income housing. However, it is important to note that other affordable housing programs not captured in this data may be addressing local needs.

Zip code 18472 has a single LIHTC funded affordable housing project, Laurel Place, providing 3 one-bedroom units since 1994. While this represents a small portion of the estimated housing inventory, it has been a consistent presence for nearly 30 years. The area has seen moderate demographic changes, including a rise in median income and slight shifts in racial composition. The lack of recent LIHTC projects could be influenced by these demographic trends, though a comprehensive assessment of affordable housing needs would require consideration of additional factors and housing programs beyond LIHTC.