Over the past decade, the Illinois Medical District neighborhood has experienced demographic changes. The population has remained relatively stable, increasing slightly from 2,845 in 2014 to 2,959 in 2022. Median income has fluctuated significantly, rising from $25,818 in 2014 to $37,217 in 2022, with notable variations in between.

Regarding racial distribution, the neighborhood has maintained a predominantly Black population, consistently around 48-50% over the past decade. The Hispanic population has decreased from 20% in 2014 to 9% in 2022, while the proportion of residents identifying as two or more races has increased from 1% to 15% during the same period. The White population has remained relatively stable at around 20%.

The presence of the LIHTC project since 2001 aligns with the neighborhood's demographic profile, indicating a consistent need for affordable housing options. The stability in the overall population and the fluctuations in median income suggest that the affordable housing provided by the LIHTC project continues to play an important role in the neighborhood.

The Illinois Medical District neighborhood benefits from a significant LIHTC-funded affordable housing project that provides 139 efficiency units, covering about 12.3% of the estimated housing inventory. This single project, completed in 2001, has been a long-standing contributor to affordable housing in the area. The neighborhood's demographic trends over the past decade, including a stable population, fluctuating median income, and shifts in racial composition, underscore the ongoing importance of affordable housing options in this community.