Racial demographics in Iles Park have also shifted. The white population percentage remained relatively stable, from 51% in 2015 to 55% in 2022. The Black population percentage decreased slightly from 42% to 40% during the same period. The Hispanic population decreased from 1% to 0%, while the Asian population increased slightly from 0% to 1%.

These demographic changes, particularly the significant population decrease and income increase, may indicate changing housing needs in the neighborhood. The absence of new LIHTC projects in recent years could be related to these shifts, possibly suggesting a reduced demand for additional low-income housing units.

Iles Park's LIHTC-funded affordable housing inventory consists of one project completed in 1991, providing a single four-bedroom low-income unit. This represents a small fraction of the estimated housing inventory in the neighborhood. Over the past decade, the neighborhood has experienced a significant population decrease, an increase in median income, and slight shifts in racial demographics. These changes may have influenced the lack of new LIHTC developments in recent years. Other affordable housing programs not captured in this data may also be contributing to meeting the neighborhood's housing needs.