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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 54110 in Wisconsin contains 119 units of Low-Income Housing Tax Credit (LIHTC) funded affordable housing, with 58 units designated as low-income. Based on the 2022 population of 6,286 and using the national average household size, the estimated housing units in the zip code are 2,408. LIHTC-funded affordable housing comprises approximately 4.9% of the estimated housing inventory in this area.
The LIHTC projects in zip code 54110 have received $662,530 in tax credits, averaging $5,567 per unit across all LIHTC-funded projects. This funding represents 0.28% of Wisconsin's total LIHTC allocation. Affordable housing has been present in this zip code for over two decades, with the first LIHTC project completed in 1995 and the most recent in 2015.
The LIHTC-funded housing stock in zip code 54110 offers a range of unit types, including 36 one-bedroom units, 61 two-bedroom units, 16 three-bedroom units, and 2 four-bedroom units, accommodating various household sizes and needs.
The population of zip code 54110 has remained relatively stable over the past decade, increasing slightly from 5,983 in 2019 to 6,286 in 2022. The median income has risen from $70,866 in 2019 to $77,372 in 2022, potentially indicating a growing need for affordable housing options to maintain economic diversity in the area.
Racial demographics in zip code 54110 have remained consistent, with the white population representing the majority at approximately 94-95% throughout the decade. There has been a slight increase in diversity, with small percentages of Asian, Hispanic, Native American, and multiracial residents.
The LIHTC program has played a significant role in providing affordable housing options in zip code 54110. With 119 total units, including 58 low-income units, the program contributes to about 4.9% of the estimated housing inventory. The area has experienced consistent development of affordable housing over two decades, with the most recent project completed in 2015. The diverse range of unit types addresses various housing needs. While the population has remained stable, the rising median income emphasizes the ongoing importance of maintaining affordable housing options in this zip code.