Over the past decade, Echo Highlands has experienced demographic changes. The population decreased from 14,500 in 2015 to 12,986 in 2022, a decline of approximately 10.4%. Despite this population decrease, the median income has remained relatively stable, ranging between $38,200 and $42,430 during this period.

The racial composition of Echo Highlands has remained predominantly Black, with the percentage ranging from 70% to 75% over the past decade. The White population has consistently represented about 18-19% of the neighborhood. The Hispanic population has shown a slight increase, from 3% in 2013 to 5% in 2022.

These demographic trends, particularly the population decrease and stable income levels, suggest that the current LIHTC-funded housing stock may be meeting a portion of the neighborhood's affordable housing needs. However, the consistent racial composition and income levels indicate that there might still be a demand for affordable housing options in the area.

Echo Highlands has established a foundation of LIHTC-funded affordable housing, with 144 units developed in the late 1990s. While these units represent a small percentage of the estimated housing stock, they provide important housing options for low-income residents. The neighborhood has experienced a slight population decline over the past decade, but income levels and racial composition have remained relatively stable. This analysis underscores the ongoing role of LIHTC-funded housing in Echo Highlands and suggests that continued monitoring of demographic trends and housing needs will be crucial for future affordable housing planning in the neighborhood.