The housing units in zip code 55797 are distributed as follows: 12 one-bedroom units, 14 two-bedroom units, and 14 three-bedroom units. This distribution of unit sizes suggests an effort to accommodate various household compositions, from individuals to small families.

Over the past decade, the population in zip code 55797 has fluctuated, with a notable decrease from 1,346 in 2019 to 1,114 in 2022. Despite this population decline, the median income has shown an upward trend, rising from $64,338 in 2019 to $70,627 in 2022.

The racial composition of zip code 55797 has remained predominantly white, consistently above 90% throughout the past decade. There has been a slight increase in diversity, with small increases in the Hispanic, Native American, and multi-racial populations.

The absence of new LIHTC projects in zip code 55797 over the last decade may be related to the relatively stable population and increasing median income, which might indicate a reduced need for additional low-income housing. However, other factors and housing programs not reflected in this data could also influence affordable housing availability.

In summary, zip code 55797 contains two LIHTC funded affordable housing projects providing 44 units, with 42 designated as low-income. These projects, completed in 1993 and 2001, represent about 10.3% of the estimated housing inventory. The area has experienced a recent population decrease and an increase in median income over the past few years. While the LIHTC projects contribute significantly to the affordable housing stock, a comprehensive assessment of housing needs would require consideration of additional factors and potential housing programs beyond LIHTC.