Over the past decade, the Upper East Side has experienced demographic shifts. The population has fluctuated, peaking at 57,049 in 2016 and decreasing to 52,841 by 2022. Median income has also changed, reaching a high of $165,345 in 2015 but declining to $133,154 in 2022.

Racial distribution in the neighborhood has remained relatively stable, with a slight decrease in the white population from 83% in 2013 to 80% in 2022. There has been a small increase in Asian residents from 6% to 8%, and Hispanic residents from 4% to 8% during the same period.

The lack of new LIHTC projects in the last decade may be attributed to the neighborhood's consistently high median income, which has remained well above the national average despite recent declines. This economic profile suggests that the area may not be a primary target for additional low-income housing development through the LIHTC program.

The Upper East Side has a limited inventory of LIHTC funded affordable housing, with 43 units developed in the early 2000s. These units, primarily efficiencies, represent a small fraction of the neighborhood's estimated housing stock. The area's high median income and stable demographic composition over the past decade may explain the absence of recent LIHTC developments. The existing LIHTC units contribute to housing diversity in this affluent neighborhood, but represent a small portion of the overall housing landscape in the Upper East Side.