Over the past decade, zip code 19120 has experienced some demographic shifts. The population has fluctuated, peaking at 73,859 in 2015 and settling at 69,320 in 2022. Median income has shown an overall upward trend, increasing from $32,502 in 2017 to $41,983 in 2022, which might indicate improving economic conditions for some residents.

Racial demographics in zip code 19120 have remained relatively stable, with some minor shifts. The Black population has slightly decreased from 51% in 2018 to 45% in 2022, while the Hispanic population has increased from 30% to 33% in the same period. The Asian population has remained steady at around 10-12%.

No new LIHTC projects have been recorded in zip code 19120 since 1995. This could be due to various factors, including changes in local housing policies, shifts in funding priorities, or potentially reduced need for additional affordable housing units in this specific area.

Zip code 19120 in Philadelphia has a modest LIHTC-funded affordable housing inventory, with 29 units across 12 projects. These developments were primarily built in the late 1980s and early 1990s, focusing on one- to three-bedroom units. While the LIHTC-funded units represent a small percentage of the estimated housing stock, they provide an important resource for low-income residents. The area has seen moderate demographic changes in recent years, with slight shifts in racial composition and an overall increase in median income. The lack of new LIHTC projects since 1995 suggests a potential shift in affordable housing strategies or needs in this zip code.