Zip code 60008 has experienced slight fluctuations in population over the past decade, with a general upward trend from 20,561 in 2015 to 20,855 in 2022. Median income has shown a significant increase, rising from $72,563 in 2015 to $86,508 in 2022, indicating an overall improvement in economic conditions.

The racial composition of zip code 60008 has remained relatively stable, with some notable shifts. The white population has decreased slightly from 63% in 2015 to 57% in 2022, while the Hispanic population has grown from 21% to 27% during the same period. The Asian population has also increased from 9% to 12%.

These demographic changes, particularly the rising median income, may partially explain why no additional LIHTC projects have been developed in zip code 60008 since 2006. However, the growing diversity and population might indicate a potential need for more affordable housing options in the future.

Zip code 60008 in Rolling Meadows, Illinois features a single LIHTC funded affordable housing project that has served the community for over 15 years. This project provides 102 low-income units, representing a small fraction of the area's estimated housing inventory. The zip code has experienced moderate population growth, significant income increases, and shifts in racial composition over the past decade. These demographic changes may influence future affordable housing needs and development in the area.