The affordable housing inventory in this zip code consists primarily of one-bedroom and two-bedroom units. Specifically, there are 42 one-bedroom units and 21 two-bedroom units. This distribution suggests a focus on housing for smaller households or individuals.

Over the past decade, the population in this zip code has shown a gradual increase, growing from 15,030 in 2013 to 16,012 in 2022. The median income has fluctuated, rising from $58,360 in 2013 to $62,897 in 2022, with some variations in between.

Regarding racial demographics, the zip code has remained predominantly white, though there has been a slight decrease from 93% in 2017 to 89% in 2022. The Black population has seen a small increase from 3% to 6% during the same period. The Hispanic population has also grown slightly, from 1% to 3%.

These demographic shifts, particularly the slight increase in diversity and the fluctuating median income, may have influenced the need for affordable housing in the area. However, the relatively stable economic indicators suggest that dramatic changes in affordable housing demand may not have been necessary.

Zip code 32011 in Nassau Village-Ratliff, Florida, has a modest LIHTC-funded affordable housing inventory, covering about 1.09% of its estimated housing stock. The area has seen some investment in affordable housing over the past decade, with a focus on smaller units. While the population has grown slightly and become more diverse, the overall demographic and economic profile of the zip code has remained relatively stable. This analysis provides insight into the current state of LIHTC-funded affordable housing in the area, though it is important to note that other affordable housing programs may also be contributing to the overall affordable housing landscape in this zip code.