The 2000s witnessed the most significant development of affordable housing in zip code 28461, with projects such as Windtree Apartments (2002) and Southport Green Apartments (2007) being completed during this decade. The affordable housing inventory in this zip code consists of 73 one-bedroom units, 100 two-bedroom units, and 17 three-bedroom units, catering to various household sizes and needs.

Over the past decade, the population in zip code 28461 has grown significantly, from 15,726 in 2013 to 21,275 in 2022, representing a 35% increase. This population growth may have contributed to the need for additional affordable housing, as evidenced by the completion of Abbington Oaks in 2015.

Median income in the area has fluctuated but generally increased, rising from $57,977 in 2013 to $72,416 in 2022. Despite this overall increase, the continued presence of LIHTC projects suggests an ongoing need for affordable housing options. The racial composition of zip code 28461 has remained relatively stable, with the white population consistently representing around 88-90% of residents. The Hispanic population has seen a slight increase from 1% in 2013 to 3% in 2022, while the Black population has decreased from 7% to 5% during the same period.

Zip code 28461 has a modest but significant LIHTC-funded affordable housing inventory, covering about 2.55% of the estimated housing stock. The area has seen consistent development of affordable housing over three decades, with the most active period being the 2000s. Despite rising median incomes, the continued presence and development of LIHTC projects, coupled with significant population growth, indicate an ongoing need for affordable housing options in this community.