Over the past decade, the population in zip code 64114 has remained relatively stable, fluctuating between 24,000 and 24,500 residents until a slight decrease to 23,552 in 2022. The median income has shown an overall upward trend, increasing from $65,141 in 2013 to $73,769 in 2022, with a peak of $79,916 in 2021.

Racial demographics have remained fairly consistent, with the white population constituting the majority at approximately 75-78% throughout the decade. The Black population has slightly decreased from 14% in 2013 to 13% in 2022, while the Hispanic population has increased from 4% to 6% during the same period. The Asian population has grown from 1% to 2%, and those identifying as two or more races have increased from 1% to 4%.

Despite these demographic shifts, there have been no new LIHTC projects in zip code 64114 over the past decade. The relatively high and increasing median income may suggest a reduced need for additional low-income housing in this specific area.

Zip code 64114 in Kansas City, Missouri, has a small LIHTC-funded affordable housing inventory, consisting of 4 units across 4 projects, all developed in the late 1980s. This represents a very small fraction (0.04%) of the estimated housing stock in the area. The lack of recent LIHTC activity, combined with rising median incomes and stable population levels, may indicate changing housing needs in this zip code. However, it is important to note that other affordable housing programs not captured in this data may be serving the community's low-income housing needs.