Over the past decade, the population in zip code 21713 has increased from 11,531 in 2013 to 12,436 in 2022. The median income has fluctuated, reaching $104,862 in 2021 before decreasing to $93,111 in 2022. Racial demographics have remained relatively stable, with the white population consistently representing the majority. The Black population grew from 11% in 2013 to 13% in 2022, and the Asian population increased slightly to 1% by 2022.

The absence of new LIHTC projects in the last decade may be attributed to the area's relatively high median income, potentially indicating lower demand for additional affordable housing units. However, the slight increase in population and racial diversity could suggest a potential need for more diverse housing options in the future.

In summary, zip code 21713 in Boonsboro, Maryland, has a modest LIHTC-funded affordable housing inventory of 60 low-income units across two projects completed in the 1990s. These units represent a small percentage of the estimated total housing inventory. The demographic trends over the past decade show a slight population increase and growing diversity, which may impact future affordable housing needs in the area.