Zip code 92821 has experienced significant demographic changes over the past decade. The population increased from 37,159 in 2015 to 42,400 in 2022, a growth of approximately 14%. During this period, the median income rose from $94,939 to $103,655, indicating overall economic growth in the area.

Racial demographics in the zip code have also shifted. The Asian population increased from 16% in 2015 to 23% in 2022, while the White population decreased from 50% to 39%. The Hispanic population remained relatively stable, changing from 29% to 32% during this period.

Despite the absence of new LIHTC projects since 2013, the existing affordable housing continues to play an important role in the community. The rising median income and changing racial composition suggest a dynamic local economy, which may influence affordable housing needs and development patterns.

Zip code 92821 has an established foundation of LIHTC-funded affordable housing, with projects spanning over two decades. The affordable housing stock, while representing a small percentage of the total estimated housing inventory, provides essential support for low-income residents. The area has experienced significant demographic shifts in recent years, including population growth, rising median income, and changes in racial composition. These factors, combined with the existing affordable housing stock, contribute to the complex housing landscape of this zip code.