Parkesburg's LIHTC inventory consists of 86 one-bedroom units and 21 two-bedroom units. This distribution suggests a focus on smaller households or individuals in need of affordable housing.

Over the past decade, Parkesburg has experienced steady population growth, increasing from 3,612 in 2013 to 3,889 in 2022. The median income has also risen significantly, from $69,088 in 2013 to $86,626 in 2022, representing a 25.4% increase.

Racial demographics have shifted noticeably during this period. The white population decreased from 77% in 2013 to 61% in 2022, while the Hispanic population increased from 12% to 16%. The Black population remained relatively stable, moving from 10% to 9%. There has also been a notable increase in residents identifying as two or more races, rising from 0% to 12% during this period.

Despite these demographic changes and population growth, no new LIHTC projects have been developed in the last decade. This could be due to the significant increase in median income, potentially reducing the perceived need for additional affordable housing units.

Parkesburg's LIHTC funded affordable housing inventory covers 7.18% of the estimated housing stock, with 107 low-income units. The city has received over $1.3 million in tax credits, averaging about $680,484 per project and $12,719 per unit. The affordable housing stock is primarily composed of one-bedroom units, suggesting a focus on smaller households. While the population has grown and become more diverse over the past decade, and median income has increased significantly, no new LIHTC projects have been developed since 2009. This analysis provides insight into the affordable housing landscape of Parkesburg and its relationship to changing demographics over time.