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Affordable Housing in Zip Code 15009: An Analysis of LIHTC-Funded Units in Industry, Pennsylvania
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 15009, located in Industry, Pennsylvania, contains 48 affordable housing units funded through the Low-Income Housing Tax Credit (LIHTC) program. These units are all designated as low-income units. Based on the 2022 population of 14,983 and the national average household size of 2.61, there are approximately 5,741 housing units in this zip code. The LIHTC-funded affordable housing units represent about 0.84% of the estimated housing inventory.
The LIHTC projects in zip code 15009 have received $308,474 in tax credits, averaging $6,426 per unit. This funding represents 0.05% of Pennsylvania's total LIHTC allocation. Affordable housing has been present in this zip code since 2000, with the completion of the Westbridge Apts project. The most recent project, Beaver Village Apts, was completed in 2003. The early 2000s saw the most affordable housing development activity in this zip code.
The LIHTC-funded projects in this area primarily consist of one-bedroom and two-bedroom units. There are 43 one-bedroom units and 5 two-bedroom units, providing a mix of housing options for different household sizes.
Over the past decade, the population in zip code 15009 has remained relatively stable, with a slight increase from 14,386 in 2019 to 14,983 in 2022. The median income has shown an overall upward trend, rising from $68,766 in 2019 to $74,220 in 2022. This increase in median income might suggest a growing need for affordable housing options to support lower-income residents.
The racial composition of zip code 15009 has remained predominantly white, with a slight increase in diversity over the past decade. The percentage of white residents decreased slightly from 96% in 2013 to 94% in 2022, while there were small increases in other racial groups, including Asian, Black, and Hispanic populations.
Zip code 15009 has a modest inventory of LIHTC-funded affordable housing, with 48 units representing about 0.84% of the estimated housing stock. The area received $308,474 in tax credits, averaging $6,426 per unit. Affordable housing development occurred primarily in the early 2000s, with a focus on one-bedroom and two-bedroom units. The increasing median income and slight diversification of the racial composition suggest an evolving demographic landscape that may impact future affordable housing needs in the area.
