The LIHTC-funded housing in this zip code offers a diverse range of unit types. There are 56 efficiencies, 216 one-bedroom units, 99 two-bedroom units, and 25 three-bedroom units. This distribution suggests a focus on accommodating various household sizes, with a particular emphasis on smaller households.

Over the past decade, the population in this zip code has remained relatively stable, fluctuating between 44,600 and 47,495 residents. The median income has shown a general upward trend, rising from $111,967 in 2013 to $114,392 in 2022, with a peak of $122,664 in 2021. This suggests a gradually increasing affluence in the area.

Racial demographics have shown subtle shifts. The white population has decreased slightly from 70% in 2013 to 64% in 2022, while the Asian population has increased from 9% to 12% during the same period. The Hispanic population has remained relatively stable at around 16-17%. These changes indicate a gradual diversification of the area's population.

The most recent LIHTC project in this zip code was completed in 2015. Since then, the relatively high and increasing median income might suggest a reduced need for additional low-income housing in recent years. However, it is important to note that other affordable housing programs not captured in this data may also be serving the community's needs.

Zip code 92648 in Huntington Beach has a modest but significant LIHTC-funded affordable housing inventory, representing about 2.3% of the estimated housing stock. The area has seen consistent development of affordable housing over two decades, with the most recent project completed in 2015. The housing stock offers a range of unit sizes, catering to diverse household needs. While the area has experienced slight population fluctuations and gradual income increases over the past decade, the racial composition has slowly diversified. These demographic trends, particularly the rising median income, may influence future affordable housing needs and development in the area.