The population in zip code 59523 has remained relatively stable over the past decade, fluctuating between approximately 2,000 and 2,200 residents. The median income has exhibited an overall upward trend, increasing from $39,293 in 2017 to $45,803 in 2022, with some variations in between.

The racial composition of zip code 59523 has remained predominantly white, consistently accounting for around 88-89% of the population. A slight increase in the Native American population has been observed, rising from 5% in 2013 to 6% in 2022. The Hispanic population has remained steady at around 2-3% throughout the decade.

Despite these demographic shifts, no new LIHTC projects have been developed in zip code 59523 since 1996. This could be attributed to various factors, including the relatively stable population and increasing median income, which might indicate a reduced need for additional low-income housing.

Zip code 59523 in Chinook, Montana, maintains a modest LIHTC funded affordable housing inventory, with 12 units dedicated to low-income residents. The Hillcrest Apartments, completed in 1996, remains the only LIHTC project in the area, focusing on providing accessible housing for individuals with disabilities. While the population has remained relatively stable and median income has increased over the past decade, the racial composition has experienced slight shifts, with a small increase in the Native American population. These demographic trends, coupled with the absence of new LIHTC projects since 1996, suggest a potentially balanced affordable housing situation in zip code 59523, although other factors and housing programs not captured in this data may also be relevant.