Over the past decade, zip code 37129 has experienced significant population growth, increasing from 51,108 in 2014 to 63,073 in 2022. The median income has also risen, from $73,388 in 2014 to $79,897 in 2022. Despite this growth, no new LIHTC projects have been developed in recent years.

The racial composition of zip code 37129 has become more diverse. The white population has decreased from 81% in 2014 to 73% in 2022, while the Black population has increased from 9% to 14%. The Asian population has grown slightly from 2% to 3%, and the Hispanic population has remained relatively stable at around 5%.

Zip code 37129 in Murfreesboro, Tennessee, has a single LIHTC-funded affordable housing project that has been in place since 1988. While this project provides 16 low-income units, it represents a small fraction of the area's estimated housing inventory. The zip code has experienced significant population growth and increased diversity over the past decade, along with rising median incomes. Despite these demographic changes, there has been no recent development of LIHTC-funded affordable housing in the area.