Over the past decade, the population in zip code 60643 has shown a decline, decreasing from 50,462 in 2017 to 47,099 in 2022. The median income has increased from $74,595 in 2017 to $78,188 in 2022, indicating a potential improvement in the economic status of residents.

The racial composition of the zip code has remained relatively stable, with the Black population being the predominant group, consistently representing around 71-74% of the total population throughout the past decade. There has been a slight increase in racial diversity, with small increases in the Hispanic, Asian, and multiracial populations.

Given that the LIHTC project in this zip code was built in 2000 and no new projects have been added in the last decade, it is possible that the rising median income and stable demographics have reduced the immediate need for additional low-income housing in this area.

Zip code 60643 in Chicago has a single LIHTC-funded affordable housing project, Senior Suites of Washington Heights, which has been serving the community since 2000. This project provides 85 units, primarily consisting of efficiencies and one-bedroom apartments. The LIHTC-funded housing represents a small percentage of the estimated housing inventory. The zip code has experienced a population decline and income increase over the past decade, which may have influenced the demand for additional affordable housing projects.