The affordable housing inventory in this zip code consists primarily of one-bedroom and two-bedroom units. Specifically, there are 28 one-bedroom units and 12 two-bedroom units. The Rangeview Drive Apartments project contributes 24 one-bedroom units, while the Fifth Street Apartments provides 4 one-bedroom units and 12 two-bedroom units.

Over the past decade, the population in this zip code has shown a slight decline, decreasing from 4,837 in 2014 to 4,446 in 2022. Despite this population decrease, the median income has generally trended upward, rising from $50,231 in 2014 to $59,377 in 2022.

The racial composition of the area has seen some changes. The percentage of the white population has decreased from 54% in 2014 to 49% in 2022. The Native American population has remained relatively stable, fluctuating between 31% and 40% over the decade. The Hispanic population has shown a notable increase, rising from 4% in 2014 to 14% in 2022.

These demographic shifts, particularly the increase in median income and changes in racial composition, may influence the ongoing need for affordable housing in the area. However, no new LIHTC projects have been developed in the last decade, which could indicate that other housing programs or economic factors are addressing the area's affordable housing needs.

The zip code 59034 has a modest LIHTC funded affordable housing inventory, representing about 2.35% of the estimated housing stock. The area has seen two LIHTC projects completed in the 1990s, providing a total of 40 low-income units. While the population has slightly decreased over the past decade, median income has increased, and there have been shifts in racial composition, particularly growth in the Hispanic population. These demographic changes may influence future affordable housing needs in the area, although no new LIHTC projects have been developed in recent years.