Central Somers has experienced minor fluctuations in its population over the past decade, with a slight overall decline from 8,863 in 2014 to 8,331 in 2022. The median income has varied, ranging from a low of $107,897 in 2015 to a high of $118,842 in 2021, before settling at $110,085 in 2022. This relatively high median income suggests that while there is a need for affordable housing, it may not be as critical as in areas with lower median incomes.

The racial composition of Central Somers has remained predominantly white throughout the decade, with a slight decrease from 94% in 2015 to 89% in 2022. There has been a small increase in the Hispanic population from 1% in 2015 to 3% in 2022, and a rise in those identifying as two or more races or other races. This demographic stability may partially explain the lack of new LIHTC projects in recent years, as the community's needs may not have changed significantly.

Central Somers has an established base of LIHTC-funded affordable housing, primarily serving the elderly population. The current inventory represents a small percentage of the total estimated housing units but provides important housing options for low-income residents. The neighborhood's high median income and stable demographic composition indicate that while affordable housing is necessary, the demand may not be as acute as in other areas. The focus on efficiency and one-bedroom units in the LIHTC projects aligns well with the needs of the elderly population they serve. As the community continues to evolve, ongoing assessment of affordable housing needs will be crucial to ensure a balanced housing market for all residents.