In total, the LIHTC funded projects in zip code 12870 offer 26 one-bedroom units and 2 two-bedroom units, catering primarily to smaller households or individuals.

The population in zip code 12870 has shown fluctuations over the past decade, with a general trend towards growth in recent years. The population increased from 875 in 2015 to 1,663 in 2022, representing a significant growth of about 90%. Median income in the zip code has also shown variations, with a notable increase from $38,968 in 2017 to $52,679 in 2022. This upward trend in income levels may indicate changing economic conditions in the area.

Racial demographics have remained relatively stable, with the white population consistently representing the vast majority (97-99%) of residents throughout the past decade. There has been a slight increase in racial diversity, with the percentage of residents identifying as two or more races growing from 0% in 2019 to 2% in 2022.

The LIHTC program has contributed 28 affordable housing units to zip code 12870, representing about 4.4% of the estimated housing inventory. These units were developed through two projects completed in the 1990s and early 2000s, primarily offering one-bedroom apartments. While the population and median income have shown growth in recent years, the racial composition has remained predominantly white. This analysis provides insights into the affordable housing landscape and demographic trends in the Schroon Lake area, offering a foundation for understanding housing needs and potential future developments in the community.