Factoria has experienced demographic changes over the past decade. The population decreased from 3,131 in 2015 to 2,782 in 2022. Despite this decrease, the median income increased significantly from $68,448 in 2015 to $96,196 in 2022, suggesting a trend towards higher-income residents.

Racial demographics have also shifted notably. The Asian population increased from 31% in 2015 to 59% in 2022, while the white population decreased slightly from 38% to 31%. The Hispanic population decreased from 20% to 8% during this period.

These demographic shifts, particularly the rising median income, may indicate a decreasing need for additional affordable housing in recent years. However, this analysis is based solely on LIHTC data and does not account for other affordable housing programs that may exist in the neighborhood.

Factoria's LIHTC-funded affordable housing inventory is limited to one project, Andrew's Glen, completed in 2011. This project provides 23 units, with 4 designated as low-income units, covering about 2.16% of the estimated housing inventory. The neighborhood has experienced demographic changes over the past decade, including a population decrease, significant median income increase, and shifts in racial composition. These changes, particularly the rising income levels, may have influenced the lack of additional LIHTC projects in recent years. A comprehensive understanding of Factoria's affordable housing landscape would require consideration of other housing programs and initiatives beyond LIHTC.