The population in zip code 55964 has remained relatively stable over the past decade, with a slight increase from 4,562 in 2019 to 4,706 in 2022. The median income has fluctuated, rising from $68,897 in 2019 to $69,365 in 2022, with a peak of $81,037 in 2021.

Racial demographics have remained predominantly white, with a slight decrease from 93% in 2019 to 91% in 2022. The Hispanic population has held steady at 6% since 2019, while there has been a small increase in residents identifying as two or more races, from 0% in 2019 to 2% in 2022.

The stability in population and slight increase in median income might suggest a reduced demand for new LIHTC projects in recent years. However, the consistent Hispanic population and increase in multi-racial residents could indicate ongoing diversity in housing needs.

The LIHTC program has contributed to the affordable housing stock in zip code 55964, providing 44 units, with 42 designated as low-income. This represents a small percentage of the estimated housing inventory, but has been a consistent presence since 1989. The mix of two and three-bedroom units suggests a focus on family-oriented affordable housing. Despite no new LIHTC projects in the last decade, the area has seen stability in population and slight increases in median income, potentially influencing the demand for affordable housing. The demographic trends, including a steady Hispanic population and increasing multi-racial residents, may indicate evolving housing needs in the community.