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Affordable Housing in Zip Code 28713: LIHTC Funded Projects in Rural North Carolina
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 28713, encompassing Bryson City in North Carolina, has a population of 9,269 as of 2022. This zip code contains 72 LIHTC-funded affordable housing units, with 36 designated as low-income units. The LIHTC-funded affordable housing represents approximately 2% of the estimated 3,551 total housing units in the zip code.
The LIHTC program has invested $292,482 in tax credits for affordable housing projects in zip code 28713. This equates to an average federal funding of $4,062 per unit. This zip code accounts for 0.07% of North Carolina's total LIHTC funding, indicating a small portion of the state's affordable housing investment.
Affordable housing has been present in zip code 28713 since 2001, with the most recent project completed in 2012. This represents over a decade of LIHTC investment in the area. The 2000s experienced the highest level of affordable housing development in this zip code.
The LIHTC-funded housing inventory in zip code 28713 consists of 32 one-bedroom units, 24 two-bedroom units, and 16 three-bedroom units. This mix of unit sizes suggests an effort to accommodate various household compositions.
Over the past decade, the population in zip code 28713 has remained relatively stable, increasing slightly from 8,945 in 2013 to 9,269 in 2022. The median income has shown some fluctuation, rising from $43,524 in 2013 to $45,860 in 2022, with variations in between.
Racial demographics in zip code 28713 have remained fairly consistent, with a slight decrease in the white population from 84% in 2013 to 78% in 2022. The Hispanic population has increased from 3% to 7%, and the Native American population has grown from 5% to 10% during this period.
Zip code 28713 in Bryson City, North Carolina, has a small but established LIHTC-funded affordable housing inventory, covering about 2% of the estimated housing units. The area has seen LIHTC investments spanning over a decade, with a mix of unit sizes to accommodate diverse household needs. The consistent population and evolving racial composition may have influenced the affordable housing landscape in this zip code.
