Wescott has experienced demographic changes over the past decade. The population has remained relatively stable, fluctuating between approximately 2,800 and 3,400 residents. However, there has been a significant increase in median income, rising from $24,206 in 2013 to $43,600 in 2022. This upward trend in income may affect the demand for affordable housing in the neighborhood.

Regarding racial demographics, Wescott has maintained a diverse population. The white population has consistently represented between 63% and 73% of residents over the past decade. The Black population has fluctuated between 11% and 20%, while the Asian population has ranged from 4% to 12%. The Hispanic population has remained relatively stable, ranging from 3% to 8%.

Wescott's LIHTC-funded affordable housing inventory plays a significant role in meeting the neighborhood's housing needs. With 173 total units, including 160 low-income units, the LIHTC program contributes to about 14.7% of the estimated housing stock. This aligns closely with the target percentage for a well-balanced community. The diverse range of unit types suggests an effort to accommodate various household sizes and needs.

While the neighborhood has experienced a significant increase in median income over the past decade, the stable population and consistent racial diversity indicate that Wescott remains a mixed-income community. The presence of LIHTC-funded housing likely contributes to maintaining this diversity by providing affordable options in a neighborhood experiencing income growth.