Loading Content...
Loading Content...
Affordable Housing
LIHTC Projects
Median Income
Racial Distributions
Population
The zip code 17543 in Rothsville, Pennsylvania, exhibits a distinct Low-Income Housing Tax Credit (LIHTC) funded affordable housing inventory. This area contains 47 total affordable units, all of which are categorized as low-income units. These LIHTC funded units represent approximately 0.25% of the estimated 18,574 housing units in the zip code.
The LIHTC projects in zip code 17543 have received $486,418 in project tax credits. This funding translates to an average of about $10,349 per unit. The zip code's LIHTC funding comprises 0.08% of Pennsylvania's total, indicating a relatively small portion of the state's affordable housing investments.
The initial LIHTC projects in this zip code were completed in 2005, suggesting the presence of affordable housing for at least 18 years. Two notable projects from 2005 are Walnut St Apts and Larkspur Crossing Townhomes. The 2000s marked the period of most significant affordable housing development in this area.
The unit types in the LIHTC funded projects consist of 13 two-bedroom units and 34 three-bedroom units. This distribution suggests a focus on accommodating families or larger households.
The population in zip code 17543 has grown steadily over the past decade, increasing from 44,996 in 2013 to 48,477 in 2022. The median income has also risen, from $77,587 in 2013 to $83,450 in 2022, indicating overall economic growth.
Racial demographics have remained relatively stable, with a slight decrease in the white population from 92% in 2013 to 89% in 2022, and small increases in Asian, Hispanic, and multiracial populations. This gradual diversification may influence future affordable housing needs.
Despite population growth and rising incomes, no new LIHTC projects have been recorded in the last decade. This could indicate that other affordable housing programs may be meeting local needs, or that the area's economic growth has reduced demand for low-income housing.
Zip code 17543 has a small but established LIHTC funded affordable housing inventory, primarily developed in the mid-2000s. While it represents a small percentage of the overall housing stock, it provides 47 low-income units, mostly suited for families. The area has experienced steady population growth and rising incomes over the past decade, with slight increases in racial diversity. Despite these demographic changes, there has not been recent LIHTC development, which may warrant further investigation into current affordable housing needs and alternative housing programs in the area.