Over the past decade, the zip code's population has exhibited fluctuations, increasing from 2,489 in 2013 to 2,745 in 2020, before decreasing to 2,479 in 2022. The median income has generally trended upward, rising from $63,588 in 2013 to $69,751 in 2022, with some variations in between.

The racial composition of zip code 50247 has remained predominantly white, though there has been a slight increase in diversity. The white population decreased from 94% in 2013 to 91% in 2022, while the Hispanic population increased from 5% to 8% during the same period.

The completion of the LIHTC project in 2011 predates the available demographic data, making it difficult to directly correlate its construction with specific demographic changes. However, the relatively stable population and increasing median income suggest that the demand for affordable housing may have remained consistent since the project's completion.

Zip code 50247 in State Center, Iowa, has one LIHTC-funded affordable housing project providing 24 low-income units, which accounts for about 2.53% of the estimated housing inventory. This project, completed in 2011, received modest funding compared to the state's overall LIHTC allocation. While the area has experienced some population fluctuations and a slight increase in diversity over the past decade, the median income has generally trended upward. These demographic trends indicate a continued need for affordable housing options in the area, though the extent to which the current LIHTC project meets this need would require further analysis of other affordable housing programs and local economic factors.