Over the past decade, zip code 62960 has experienced a gradual population decline, from 12,135 in 2013 to 11,127 in 2022. Despite this decrease, the median income has shown an overall upward trend, rising from $49,487 in 2013 to $52,878 in 2022, with some fluctuations in between.

The racial composition of the zip code has remained relatively stable. The white population decreased slightly from 90% in 2013 to 86% in 2022. The Black population increased from 5% to 7%, and the Hispanic population grew from less than 1% to 3% during this period.

These demographic shifts, particularly the rising median income and relatively stable population, may indicate a continued need for affordable housing options in the area, especially for lower-income residents who might face increased housing costs.

Zip code 62960 in Metropolis, Illinois, has a single LIHTC-funded affordable housing project providing 42 low-income units. This represents 0.99% of the estimated total housing stock. The project, completed in 2006, offers a mix of unit sizes to accommodate various household types. Despite a slight population decline, the area has seen an increase in median income over the past decade, potentially impacting affordable housing needs. The racial composition has remained relatively stable, with small increases in minority populations. Continued monitoring of demographic trends and housing needs will be crucial for future affordable housing planning in this zip code.