Boerum Hill has experienced demographic changes over the past decade. The population has remained relatively stable, increasing slightly from 16,668 in 2013 to 17,528 in 2022. However, the median income has risen significantly, from $92,350 in 2013 to $116,147 in 2022, suggesting a trend towards gentrification.

Racial demographics have also shifted. The white population increased from 42% in 2013 to 50% in 2022, while the Black population decreased from 22% to 17%, and the Hispanic population from 27% to 17%. The Asian population increased slightly from 5% to 8%. These demographic changes, particularly the rising median income and shift in racial composition, indicate a potential increasing need for affordable housing options to maintain diversity and prevent displacement of lower-income residents.

Boerum Hill's LIHTC-funded affordable housing inventory represents a significant portion of the neighborhood's estimated housing stock at 10.3%. The area has seen consistent development of affordable housing projects from 1998 to 2010, with a diverse mix of unit types to accommodate various household needs. While the population has remained relatively stable over the past decade, rising median incomes and changing racial demographics indicate potential gentrification pressures. This underscores the importance of the existing LIHTC-funded affordable housing in maintaining socioeconomic diversity in the neighborhood.