Over the past decade, zip code 60957 has experienced a slight decline in population, from 5,741 in 2013 to 5,627 in 2022. The median income has shown some fluctuation but overall growth, increasing from $54,813 in 2013 to $56,905 in 2022. This rise in median income may suggest a reduced need for additional affordable housing units in recent years.

The racial composition of zip code 60957 has remained relatively stable, with a slight increase in diversity. The white population decreased from 96% in 2013 to 92% in 2022, while the Hispanic population increased from 2% to 4% during the same period. This gradual shift in demographics could potentially influence future affordable housing needs.

Zip code 60957 has a single LIHTC funded affordable housing project, Parkview Dwellings, which has been serving the community since 1995. With 24 one-bedroom units, it provides a specific type of affordable housing option. While the project covers only a small percentage of the estimated housing inventory, it is possible that other affordable housing programs may also be present in the area.

The stable population, increasing median income, and relatively unchanged racial composition over the past decade suggest that the current LIHTC funded affordable housing inventory may be meeting the community's needs. However, ongoing monitoring of demographic trends and housing affordability will be essential to ensure that future needs are adequately addressed.