Zip code 61264 has experienced demographic shifts over the past decade. The population has slightly declined, decreasing from 11,465 in 2015 to 10,927 in 2022. However, the median income has significantly increased, rising from $56,280 in 2015 to $67,898 in 2022, indicating an overall improvement in economic conditions.

Racial demographics have remained relatively stable, with the white population consistently representing the majority. There has been a small increase in diversity, with slight growth in the Black, Hispanic, and multiracial populations. The Asian population has increased from 0% in 2015 to 1% in 2022.

Despite these demographic changes, no new LIHTC projects have been developed in zip code 61264 in the last decade. This may be attributed to the rising median income, which could have reduced the perceived need for additional affordable housing units in the area.

Zip code 61264 has a modest LIHTC-funded affordable housing inventory, with 72 units provided through a single project completed in 1997. While this represents a small portion of the estimated housing stock, it has been a consistent presence in the community for over 25 years. The area has experienced a slight population decline and significant income growth over the past decade, which may have influenced the lack of new LIHTC developments. The racial composition has remained predominantly white, with small increases in minority populations. These demographic trends provide context for understanding the affordable housing landscape in zip code 61264.