The population in zip code 62501 has remained relatively stable over the past decade, with minor fluctuations. The median income has shown an overall increasing trend, rising from $60,681 in 2013 to $74,431 in 2022. This upward trend in median income may indicate a decreasing need for additional affordable housing in recent years.

The racial composition of zip code 62501 has remained predominantly white, consistently above 90% throughout the past decade. There has been a slight increase in diversity, with small increases in the percentage of residents identifying as two or more races and other racial categories.

The LIHTC funded affordable housing in zip code 62501 represents a small portion of the estimated housing inventory. The single LIHTC project, completed in 1989, has provided 12 low-income units, primarily consisting of one and two-bedroom apartments. The median income has increased over the past decade, while the population has remained relatively stable. The racial composition has shown minimal changes, with a slight increase in diversity. These demographic trends may explain the absence of new LIHTC projects in recent years, as the economic conditions of the area may have shifted.