Over the past decade, Evergreen has experienced significant demographic shifts. The population has decreased from 1,031 in 2013 to 479 in 2022, a decline of over 53%. The median income has shown an upward trend, rising from $17,284 in 2013 to $24,378 in 2022, an increase of about 41%.

The racial composition of Evergreen has remained predominantly African American throughout this period, with a slight decrease from 99% in 2013 to 91% in 2022. There has been a small increase in white residents, from 1% to 7%, and the introduction of a 1% Hispanic population by 2022.

These demographic changes, particularly the significant population decrease and rising median income, may partially explain the lack of new LIHTC projects in the last decade. The shrinking population could indicate reduced housing demand overall, while the increasing median income might suggest a shifting economic landscape in the neighborhood.

The Evergreen neighborhood's LIHTC-funded affordable housing inventory is limited to a single project completed in 1993, providing one specialized unit for individuals with mental illness. While this project addresses a specific need, it represents a small fraction of the estimated housing inventory. The neighborhood has experienced substantial demographic changes over the past decade, including population decline and increasing median income, which may have influenced the lack of new LIHTC developments. These trends underscore the complex interplay between population dynamics, economic factors, and affordable housing needs in urban neighborhoods.