The Ross neighborhood has experienced demographic shifts over the past decade. The population has fluctuated, with a general downward trend from 8,456 in 2013 to 7,460 in 2022. Despite this population decrease, the median income has increased from $44,472 in 2013 to $62,017 in 2022, indicating an overall improvement in the economic status of residents.

Racial demographics have also changed. The white population has remained relatively stable, accounting for about half of the neighborhood's residents. The Asian population has increased from 2% in 2013 to 6% in 2022. The Hispanic population has slightly decreased from 30% to 28% during this period, while the Black population has remained relatively stable at around 8-11%.

These demographic shifts, particularly the increase in median income, may suggest changing housing needs in the neighborhood. The stability of the LIHTC inventory (with no new projects since 2010) could reflect these evolving demographics and potentially reduced demand for additional low-income housing units.

The Ross neighborhood's LIHTC funded affordable housing inventory, while modest in size, provides an important housing option for low-income residents. The single project, Park Avenue Apts, has been serving the community for over a decade, offering a mix of one and two-bedroom units. Despite demographic changes, including population fluctuations and increasing median income, this project continues to play a role in the neighborhood's housing landscape. The analysis highlights the long-term impact of LIHTC investments in providing stable, affordable housing options within evolving urban environments.