The LIHTC funded housing stock in this zip code consists of 3 one-bedroom units, 31 two-bedroom units, and 13 three-bedroom units. This distribution suggests a focus on accommodating small to medium-sized families.

Over the past decade, the population in this zip code has shown steady growth, increasing from 11,065 in 2013 to 12,461 in 2022. Concurrently, the median income has risen substantially from $83,414 in 2013 to $104,523 in 2022, indicating an overall improvement in economic conditions.

The racial composition has remained relatively stable, with the white population consistently representing over 90% of residents. There has been a slight increase in diversity, with small growths in Asian, Black, and Hispanic populations.

Despite the population growth and rising median income, no new LIHTC projects have been completed in the last decade. This could be due to the area's relatively high median income, which may have reduced the perceived need for additional low-income housing.

Zip code 61853 has a modest LIHTC funded affordable housing inventory, covering just over 1% of its estimated housing stock. The area has seen two LIHTC projects completed between 1989 and 2003, providing 56 affordable units. While the population has grown and median income has increased significantly over the past decade, no new LIHTC projects have been developed during this time. The existing affordable housing stock primarily caters to small and medium-sized families, with a majority of units being two-bedroom apartments.