Zip code 63740 has experienced demographic changes over the past decade. The population decreased from 5,635 in 2013 to 5,413 in 2022, a decline of 3.9%. Despite this population decrease, the median income increased from $39,636 in 2013 to $50,766 in 2022, a rise of approximately 28%.

The racial composition of zip code 63740 has remained relatively stable. The white population decreased slightly from 97% in 2013 to 95% in 2022. There has been a small increase in racial diversity, with the Black population growing from 0% to 2% and those identifying as two or more races increasing from 1% to 3% during this period.

The absence of new LIHTC projects in the last decade may be attributed to the rising median income and relatively stable population, potentially indicating a reduced need for additional low-income housing. However, other affordable housing programs not captured in this data may be serving the community's needs.

Zip code 63740 has a small LIHTC-funded affordable housing inventory, consisting of one project with 5 units completed in 2006. This represents a small fraction of the estimated housing stock. The area has experienced a slight population decline and significant median income growth over the past decade, which could influence the perceived need for additional affordable housing. The racial composition has remained predominantly white, with a slight increase in diversity. These demographic trends provide context for understanding the affordable housing landscape in this zip code, though a comprehensive assessment would require consideration of additional factors and housing programs.