The LIHTC-funded projects in zip code 73072 offer a diverse range of unit types. The inventory includes 1 efficiency unit, 71 one-bedroom units, 193 two-bedroom units, and 3 three-bedroom units. This distribution suggests a focus on accommodating various household sizes, with a particular emphasis on smaller families or individuals.

Over the past decade, zip code 73072 has experienced steady population growth, increasing from 44,151 in 2013 to 48,739 in 2022. The median income has remained relatively stable, fluctuating between $67,000 and $70,000 during this period.

Racial demographics in zip code 73072 have shown slight shifts. The white population has decreased from 76% in 2013 to 72% in 2022, while there have been small increases in Asian, Black, Hispanic, and multiracial populations. The Hispanic population, in particular, has grown from 4% to 8% during this time.

These demographic changes, particularly the population growth and increasing diversity, may indicate an ongoing need for affordable housing options in zip code 73072. However, the relative stability of median income suggests that economic conditions have remained fairly consistent over the past decade.

Zip code 73072 in Norman, Oklahoma, has an established LIHTC-funded affordable housing inventory, developed primarily in the late 1990s and early 2000s. While these projects provide a valuable resource for low-income residents, they represent a small portion of the area's total estimated housing stock. The zip code has experienced population growth and increasing diversity over the past decade, which may indicate a continued need for affordable housing options. The stable median income and diverse unit types in existing LIHTC projects suggest that these developments play an important role in maintaining housing affordability in the area.