The affordable housing inventory in zip code 36610 includes a mix of unit types, with 44 two-bedroom units, 54 three-bedroom units, and 12 four-bedroom units. This distribution suggests a focus on accommodating families of various sizes.

Over the past decade, zip code 36610 has experienced a notable population decline, from 14,833 in 2015 to 10,185 in 2022. Despite this decrease, the median income has shown an upward trend, rising from $19,606 in 2015 to $26,506 in 2022. The racial composition has remained relatively stable, with a slight increase in the Black population from 87% in 2015 to 91% in 2022, while the White population decreased from 10% to 7% during the same period.

The lack of new LIHTC projects in zip code 36610 over the last decade could be attributed to the declining population, which may have reduced the demand for additional affordable housing units. However, the rising median income might indicate a shifting economic landscape that could influence future affordable housing needs.

Zip code 36610 in Mobile, Alabama has an established foundation of LIHTC-funded affordable housing, representing about 3.9% of the estimated housing inventory. While this falls short of the ideal 15-20% target for affordable housing stock, it is important to note that other programs may contribute to the overall affordable housing landscape. The area has seen significant investment through the LIHTC program, with projects dating back to 1989. Despite a declining population in recent years, rising median incomes and stable racial demographics suggest a complex and evolving housing market that may require ongoing assessment to meet future affordable housing needs.