Over the past decade, the zip code 64014 has experienced notable demographic shifts. The population has grown from 22,978 in 2013 to 25,965 in 2022, an increase of nearly 13%. During this period, the median income has also risen, from $76,508 in 2013 to $80,191 in 2022, indicating a general improvement in economic conditions.

Racial demographics in zip code 64014 have shown some changes as well. The white population decreased from 88% in 2013 to 82% in 2022, while the Black population increased from 4% to 7%, and the Hispanic population grew from 2% to 6%. This suggests a gradual diversification of the area's population.

Despite these demographic changes, no new LIHTC projects have been developed in zip code 64014 in the last decade. This could be due to various factors, including the rising median income, which might have reduced the perceived need for additional affordable housing units.

The zip code 64014 in Blue Springs, Missouri, has a modest LIHTC funded affordable housing inventory, covering about 1.49% of the estimated housing stock. The two existing projects, completed in the early 1990s, provide 148 low-income units, focusing on two-bedroom and three-bedroom configurations. While the area has experienced population growth and increased diversity over the past decade, along with rising median incomes, no new LIHTC projects have been developed during this period. This analysis provides a snapshot of the LIHTC funded affordable housing landscape in this zip code, highlighting the long-standing presence of these projects and their contribution to the area's housing options.