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Affordable Housing in Zip Code 66547: LIHTC Inventory and Demographic Trends in Wamego, Kansas
CATEGORY
Affordable Housing
DATA
LIHTC Projects
Median Income
Racial Distributions
Population
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Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
Zip code 66547 in Wamego, Kansas, contains a Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory of 36 total units, all of which are designated as low-income units. Based on the 2022 population of 9,280 and the national average household size of 2.61, the estimated number of housing units in this zip code is approximately 3,556. The LIHTC funded affordable housing comprises about 1% of the estimated housing inventory in the area.
The LIHTC projects in zip code 66547 have received $182,979 in tax credits, with an average of $5,083 per unit. This amount represents 0.13% of the total LIHTC funding allocated to Kansas. Affordable housing has been present in this zip code since at least 1999, when the Kaylene Court Apartments were completed. The most recent project, Homestead Affordable Wamego, was completed in 2010, indicating over a decade of LIHTC investment in the area.
The 1990s experienced the most affordable housing activity, with the completion of Kaylene Court Apartments. This project accounts for all 36 low-income units in the zip code, including 2 one-bedroom units, 2 two-bedroom units, and 14 three-bedroom units.
Over the past decade, the population in zip code 66547 has grown steadily, increasing from 8,165 in 2013 to 9,280 in 2022. The median income has also risen, from $64,347 in 2013 to $73,095 in 2022. The racial composition has remained relatively stable, with a slight increase in diversity. The white population decreased from 94% in 2013 to 89% in 2022, while the Hispanic population increased from 2% to 6% during the same period.
Despite this population growth and income increase, no new LIHTC projects have been constructed in zip code 66547 in the last decade. This may be attributed to the relatively high median income in the area, which could indicate less need for additional affordable housing units.
Zip code 66547 in Wamego, Kansas, has a modest LIHTC funded affordable housing inventory, covering about 1% of the estimated housing stock. The area has seen two LIHTC projects completed over a span of 11 years, with the most recent being in 2010. While the population and median income have grown in the past decade, no new LIHTC projects have been developed. This analysis provides insight into the affordable housing landscape in this zip code.
