The population in zip code 61705 has grown moderately over the past decade, increasing from 14,427 in 2013 to 15,429 in 2022. The median income has also risen, from $101,136 in 2013 to $105,921 in 2022, suggesting a generally affluent area. The racial composition of the zip code has remained relatively stable, with a slight increase in diversity. The white population decreased from 83% in 2013 to 79% in 2022, while the Asian population increased from 5% to 9% during the same period. The Black population has remained steady at around 5-6%, and the Hispanic population has stayed consistent at about 3%.

Despite the absence of new LIHTC projects in the last decade, the existing affordable housing continues to play a significant role in maintaining diversity and providing options for lower-income residents in this relatively high-income area. Zip code 61705 in Bloomington, Illinois, has an established foundation of LIHTC funded affordable housing, with 484 low-income units across four projects. These units represent about 8.2% of the estimated housing inventory, offering important housing options in an area with rising median incomes. The affordable housing stock, developed primarily in the early 2000s, provides a range of unit sizes to accommodate diverse household needs. While no new LIHTC projects have been added in recent years, the existing affordable housing continues to contribute to the area's housing diversity amidst demographic shifts and income growth.