Over the past decade, Englewood has undergone significant demographic changes. The population has decreased from 2,345 in 2014 to 1,860 in 2022, a decline of approximately 20.7%. Despite this population decrease, the median income has increased substantially, rising from $23,297 in 2014 to $39,195 in 2022, representing a 68.2% growth.

The racial composition of Englewood has remained relatively stable, with a predominant African American population. The percentage of Black residents has slightly increased from 87% in 2014 to 93% in 2022, while the white population has decreased from 7% to 5% during the same period.

These demographic trends, particularly the rising median income, may indicate changing housing needs in the neighborhood. The stable racial composition suggests that the LIHTC-funded housing continues to serve a predominantly African American community.

Englewood's LIHTC-funded affordable housing inventory plays a significant role in the neighborhood's housing landscape, comprising approximately 17.4% of the estimated housing units. The substantial investment through tax credits and the diverse unit mix demonstrate a commitment to providing affordable housing options. The focus on single-parent families in projects like Pine Ridge Gardens indicates an effort to address specific community needs.

While the population has decreased over the past decade, the notable increase in median income suggests evolving economic conditions in the neighborhood. The consistent racial composition indicates that the LIHTC projects continue to serve the predominantly African American community. These trends highlight the ongoing importance of affordable housing initiatives in Englewood, even as the neighborhood undergoes demographic and economic changes.