Zip code 20732, located in Chesapeake Beach, Maryland, has a population of 9,460 as of 2022. This area features 78 units in Low-Income Housing Tax Credit (LIHTC) funded projects, with 22 units designated as low-income. Based on an estimated housing inventory of 3,625 units, LIHTC funded affordable housing comprises approximately 2.15% of the zip code's housing stock.

Zip code 20732 has seen LIHTC funded affordable housing development from 1998 to 2001, indicating over two decades of affordable housing presence. The Courtyards At Fishing Creek development, completed in three phases, represents all LIHTC funded projects in this area. The LIHTC funded projects in this zip code include 14 one-bedroom units, 56 two-bedroom units, and 8 three-bedroom units, suggesting a focus on accommodating small to medium-sized households.

Over the past decade, zip code 20732 has experienced steady population growth, increasing from 8,433 in 2013 to 9,460 in 2022. The median income has fluctuated but remained relatively high, ranging from $96,915 to $109,224. Regarding racial demographics, the area has seen a slight decrease in the white population, from 87% in 2013 to 75% in 2022, while experiencing small increases in other racial groups. The black population has increased from 7% to 12%, and the Hispanic population from 1% to 4% during this period.