Over the past decade, the population in zip code 15061 has remained relatively stable, fluctuating between 13,400 and 13,800 residents. The median income has shown an overall upward trend, increasing from $60,183 in 2015 to $65,500 in 2022. This rise in median income may suggest a decreased need for additional affordable housing in recent years.

Racial demographics have remained largely consistent, with the white population comprising the majority (91% in 2022). There has been a slight increase in diversity, with small increases in Black, Hispanic, and multi-racial populations. The stable population and increasing median income, coupled with the lack of new LIHTC projects in recent years, may indicate that the area's affordable housing needs are being met through other means or that there is less demand for additional LIHTC-funded housing.

Zip code 15061 in Monaca, Pennsylvania, has a single LIHTC-funded affordable housing project with 2 units, completed in 1987. This represents a very small portion (0.04%) of the estimated housing inventory. The area has seen stable population levels and increasing median income over the past decade, which may partly explain the lack of new LIHTC projects. While the LIHTC program's contribution to affordable housing in this zip code is minimal, other affordable housing programs or initiatives not captured in this data may be addressing local housing needs.