Over the past decade, the population in zip code 63304 has grown steadily, increasing from 41,470 in 2013 to 45,194 in 2022. This 9% population growth may indicate a continuing need for affordable housing options. The median income has also risen significantly, from $95,247 in 2013 to $105,232 in 2022, representing a 10.5% increase. Despite this income growth, the presence of LIHTC projects suggests an ongoing demand for affordable housing options in the area.

Racial demographics have remained relatively stable, with a slight decrease in the white population from 89% in 2013 to 87% in 2022. There have been small increases in the Black, Hispanic, and multi-racial populations, potentially indicating a growing diversity that could benefit from affordable housing options.

Zip code 63304 in Weldon Spring, Missouri, has an established foundation of LIHTC-funded affordable housing, with projects dating back to 2000. The current inventory represents a small percentage of the overall housing stock, providing options for low-income residents in an area with rising median incomes and a growing population. The mix of two and three-bedroom units caters to diverse family sizes, and the stable racial demographics suggest these housing options may be serving a variety of community members. As the area continues to grow and evolve, ongoing assessment of affordable housing needs will be crucial to ensure a balanced and inclusive community.