Zip code 64064 has experienced consistent population growth over the past decade. The population increased from 16,392 in 2015 to 18,784 in 2022, representing a 14.6% growth. This trend suggests an increasing demand for housing in the area. The median income in the zip code has fluctuated significantly, reaching a peak of $129,474 in 2021 before decreasing to $107,472 in 2022. Despite these fluctuations, the median income remains relatively high, potentially indicating a reduced need for extensive affordable housing options.

The racial composition of zip code 64064 has remained relatively stable. The white population decreased slightly from 85% in 2018 to 81% in 2022. There has been a minor increase in diversity, with small growth observed in Asian, Black, and multiracial populations. This gradual shift may indicate a growing need for diverse housing options to accommodate various demographic groups.

Zip code 64064 presents a unique case of LIHTC-funded affordable housing. While the area has a relatively small percentage of affordable units compared to its total housing stock, the existing project provides a significant number of two-bedroom units. The zip code's high median income and steady population growth suggest a complex housing market where affordable options, though limited, play an important role. The subtle demographic shifts may indicate evolving housing needs in the future. The LIHTC program's contribution, while modest in scale, remains a crucial component of the area's housing landscape.