Over the past decade, zip code 44319 has experienced slight population fluctuations, with a minor decreasing trend. The population declined from 22,071 in 2015 to 21,523 in 2022. Median income has shown a positive trend, increasing from $65,117 in 2015 to $72,796 in 2022, indicating an overall improvement in economic conditions for residents.

The racial composition of zip code 44319 has remained relatively stable, with a predominantly white population (92% in 2022). There has been a small increase in diversity, with slight growth in Asian, Black, and Hispanic populations, as well as those identifying as two or more races. The introduction of LIHTC-funded housing in 2018 coincides with a period of rising median income.

Zip code 44319 in New Franklin, Ohio, has made a recent entry into LIHTC-funded affordable housing with the completion of Arlington Ridge Townhomes in 2018. The 46 low-income units represent a small fraction of the estimated housing inventory. The area has seen a slight population decrease but improving median incomes over the past decade. The racial composition remains predominantly white but shows small signs of increasing diversity. This LIHTC investment represents a modest commitment to affordable housing in the context of the zip code's evolving demographic and economic landscape.