Zip code 14613 experienced population fluctuations over the past decade, with an increase from 14,391 in 2015 to 17,130 in 2022. This population growth coincided with the completion of LIHTC projects, potentially indicating a response to increasing housing demand.

The median income in zip code 14613 demonstrated an overall upward trend, rising from $29,864 in 2013 to $34,327 in 2022, despite some fluctuations. This increase in median income occurred alongside the development of affordable housing, suggesting a possible positive impact on the local economy.

The racial composition of zip code 14613 remained relatively stable over the past decade. The Black population increased slightly from 45% in 2013 to 47% in 2021, before returning to 45% in 2022. The Hispanic population experienced a modest increase from 13% in 2013 to 20% in 2022. These demographic shifts may have influenced the need for affordable housing in the area.

Zip code 14613 in Rochester, New York, has a concentrated LIHTC funded affordable housing inventory developed in the mid-2010s. The area received significant investment in affordable housing, with 111 low-income units primarily consisting of one-bedroom apartments. While the LIHTC funded units cover a small percentage of the estimated housing inventory, they represent a notable contribution to affordable housing in the area. The zip code experienced population growth and a gradual increase in median income over the past decade, coinciding with the development of these affordable housing projects. The demographic composition remained relatively stable, with slight increases in Black and Hispanic populations.