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Affordable Housing Analysis in Houston Zip Code 77096: A Decade of Stability and Change
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 77096 in Houston, Texas, contains 314 Low-Income Housing Tax Credit (LIHTC) funded affordable housing units. These units, all designated as low-income, are located within an area of 6.13 square miles that had a population of 34,506 in 2022. The estimated housing inventory of 13,221 units suggests that LIHTC funded affordable housing comprises approximately 2.37% of the zip code's housing stock.
The zip code features two LIHTC funded projects: Huntington Apt Homes and Bayou Village Place. Huntington Apt Homes, completed in 1993, provides all 314 low-income units in the area. The project has been operational for nearly three decades, offering a mix of 56 one-bedroom units, 226 two-bedroom units, and 32 three-bedroom units. This diverse unit distribution accommodates various household sizes, from individuals to small families.
The population in zip code 77096 has fluctuated over the past decade, reaching a peak of 38,933 in 2016 before decreasing to 34,506 by 2022. Despite these population changes, the median income has shown an overall upward trend, increasing from $82,085 in 2013 to $90,710 in 2022, with a notable peak of $103,831 in 2021.
The racial composition of zip code 77096 has remained relatively stable from 2013 to 2022. The white population decreased slightly from 48% to 44%, while the Hispanic population increased from 23% to 28%. The Black population remained relatively consistent, changing from 17% to 16%, and the Asian population held steady at approximately 9-10%.
The stability in racial composition and the increasing median income suggest that the area has maintained its socioeconomic characteristics over time. The absence of new LIHTC projects in recent years may be related to the rising median income, potentially indicating a reduced need for additional low-income housing in this specific zip code.
In summary, zip code 77096 in Houston, Texas, has an established LIHTC funded affordable housing presence, with 314 low-income units provided by the Huntington Apt Homes project. While this contributes to the area's affordable housing stock, it represents a relatively small portion of the estimated total housing inventory. The zip code has experienced population fluctuations and an overall increase in median income over the past decade, which may influence the perceived need for additional affordable housing projects in the area. The stable racial composition suggests a consistent community demographic, despite these economic changes.
