Over the past decade, zip code 19342 has experienced steady population growth, increasing from 17,984 in 2013 to 19,667 in 2022. The median income has risen significantly, from $122,223 in 2013 to $136,972 in 2022, indicating an overall increase in the area's economic prosperity.

The racial composition of the zip code has remained relatively stable, with a slight increase in diversity. The white population decreased from 84% in 2013 to 82% in 2022, while the Asian population increased from 5% to 10% during the same period. The Black population decreased slightly from 5% to 2%, and the Hispanic population grew from 1% to 4%.

Despite the rising median income and population growth, no new LIHTC projects have been developed in zip code 19342 in the last decade. This lack of new affordable housing development could be attributed to the area's relatively high median income, which may reduce the perceived need for additional affordable housing units.

In summary, zip code 19342 in Chester Heights, Pennsylvania, contains a single LIHTC funded affordable housing project, Concord Pointe, which has been serving the community since 2001. The 64 low-income units contribute to the area's housing diversity, although they represent a small portion of the total housing stock. The zip code has experienced population growth and significant increases in median income over the past decade, alongside slight changes in racial composition. However, these demographic shifts have not led to the development of new LIHTC projects, possibly due to the area's high median income levels.