Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 65791 in Missouri contains a notable Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. This area has 48 affordable units, all designated as low-income units. Based on the 2022 population of 2,914 and an estimated 1,116 housing units, LIHTC funded affordable housing comprises approximately 4.3% of the zip code's estimated housing inventory.
The LIHTC program has supported two affordable housing projects in this zip code: East Meadow Apartments and Augusta Oaks Apartments. These projects were completed in 1997 and 1999 respectively, indicating that affordable housing has been present in this area for over two decades.
The 1990s saw the most LIHTC activity in this zip code, with both projects being completed during this decade. This suggests a concentrated effort to increase affordable housing options during that time period.
The inventory of LIHTC funded units in this zip code is diverse. Of the 48 total units, 24 are one-bedroom apartments, 16 are two-bedroom units, and 8 are three-bedroom units. This distribution caters to various household sizes, from individuals to small families.
Over the past decade, the zip code has experienced demographic shifts. The population decreased from 3,773 in 2013 to 2,914 in 2022, a decline of 22.8%. Despite this population decrease, the median income increased from $28,963 in 2013 to $34,713 in 2022, representing a growth of 19.9%.
Racial demographics have remained relatively stable, with the white population consistently representing over 90% of residents. There has been a slight increase in racial diversity, with the percentage of residents identifying as two or more races growing from 2% in 2013 to 6% in 2022.
The lack of new LIHTC projects in the last decade might be partially explained by the declining population. However, the modest increase in median income suggests that there may still be a need for affordable housing options in the area.
Zip code 65791 in Missouri has a small but established LIHTC funded affordable housing inventory, covering about 4.3% of the estimated housing units. The two LIHTC projects, both completed in the late 1990s, provide a mix of unit sizes to accommodate different household needs. While the population has decreased over the past decade, median income has shown a modest increase. 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 and may inform future housing policy decisions.