Over the past decade, zip code 16150 has experienced some demographic shifts. The population has remained relatively stable, with a slight increase from 8,335 in 2013 to 8,387 in 2022. The median income has seen a notable increase, rising from $53,121 in 2013 to $61,513 in 2022, indicating improved economic conditions for residents.

Racial distribution has shown minor changes. The white population has decreased slightly from 97% in 2013 to 94% in 2022, while there have been small increases in other racial groups. The black population increased from 0% to 3%, and the Hispanic population rose from 0% to 2% during this period.

Despite these demographic changes, no new LIHTC projects have been initiated in zip code 16150 in the last decade. This lack of new development could be attributed to the relatively stable population and increasing median income, potentially reducing the perceived need for additional low-income housing units.

Zip code 16150 in Clark, Pennsylvania, has a single LIHTC funded project that has served the community for over 30 years. While it covers a small percentage of the estimated housing stock, it provides 102 low-income units, all of which are one-bedroom apartments. The area has experienced economic improvement over the past decade, with rising median incomes and a relatively stable population. These factors, along with subtle shifts in racial demographics, may influence future affordable housing needs and development in zip code 16150.