Zip code 20111 has experienced steady population growth over the past decade, increasing from 32,594 in 2013 to 38,239 in 2022. During this period, the median income has fluctuated, reaching a peak of $110,293 in 2021 before decreasing to $98,053 in 2022.

The racial composition of zip code 20111 has changed over time. The Hispanic population has grown from 29% in 2013 to 39% in 2022, while the white population has decreased from 50% to 35% during the same period. The Asian population has increased slightly from 6% to 9%, and the Black population has remained relatively stable at around 10-12%.

Despite demographic shifts and population growth, no new LIHTC projects have been developed in zip code 20111 in the last decade. This lack of new development may be attributed to various factors, including the relatively high median income in the area, which may reduce the perceived need for additional affordable housing units.

Zip code 20111 in Buckhall, Virginia, contains a single LIHTC-funded affordable housing project that has served the community since 2004. This project provides 148 low-income units, representing a small portion of the area's estimated housing inventory. The zip code has experienced significant population growth and demographic changes over the past decade, with increasing diversity and fluctuating median incomes. Despite these changes, no new LIHTC projects have been developed in recent years, suggesting that other factors may influence affordable housing development in the area.