Over the past decade, South Park has experienced some demographic shifts. The population has fluctuated, with a general downward trend from 7,060 in 2013 to 6,341 in 2022. Despite this population decrease, the median income has shown an overall increase, rising from $37,117 in 2013 to $44,308 in 2022, with a notable peak of $54,599 in 2021.

The neighborhood has become more diverse over the years. The white population has decreased from 72% in 2013 to 53% in 2022. Conversely, the Hispanic population has seen a significant increase from 5% to 26% during the same period. The Black population has also grown from 8% to 14%, while the Asian population has remained relatively stable, fluctuating between 3% and 9%.

The most recent LIHTC projects in South Park were completed in 2012, which coincides with the beginning of these demographic shifts. The increasing diversity and fluctuating income levels may indicate an ongoing need for affordable housing options in the neighborhood.

South Park neighborhood in Des Moines has a notable presence of LIHTC funded affordable housing, covering about 8.7% of its estimated housing inventory. The area has seen consistent development of affordable housing projects from 1989 to 2012, with the 1990s being the most active period. The neighborhood has experienced demographic changes over the past decade, including increased diversity and fluctuating income levels, which may influence the ongoing need for affordable housing options. The LIHTC program has played a significant role in providing affordable housing in South Park, contributing an average of $5,561 per unit in federal funding.