Over the past decade, zip code 65355 has experienced minor population fluctuations with an overall growth trend. The population increased from 9,399 in 2015 to 10,061 in 2022. Concurrently, the median income showed a general upward trend, rising from $33,118 in 2015 to $38,014 in 2022, with a peak of $42,876 in 2021.

The racial composition of zip code 65355 has remained relatively stable, with a predominantly white population. A small increase in diversity has been observed, with the percentage of residents identifying as two or more races growing from 1% in 2015 to 4% in 2022. The Hispanic population also experienced a slight increase from 1% to 2% during this period.

The introduction of the LIHTC project in 2018 coincides with a period of population growth and increasing median income in zip code 65355. This timing suggests that the affordable housing development may have been implemented in response to growing housing needs in an area experiencing economic changes.

Zip code 65355 contains one LIHTC-funded affordable housing project, Harbor West Villas, which provides 36 low-income units. This development, completed in 2018, represents a recent initiative to address affordable housing needs in the area. While the project encompasses a small percentage of the estimated housing inventory, it signifies a targeted effort to provide affordable options in a zip code experiencing population growth and income changes. The area's demographic trends, including slight increases in diversity and median income, provide context for the timing and scale of this affordable housing investment.