Over the past decade, Millington's population has decreased from 17,232 in 2014 to 15,732 in 2022. The median income has fluctuated, starting at $54,471 in 2014, dropping to a low of $50,057 in 2021, and then rising to $53,261 in 2022.

Racial demographics have shown shifts. The white population decreased from 64% in 2014 to 56% in 2022, while the Black population increased slightly from 24% to 28%. The Hispanic population grew from 7% to 10% during this period. The Asian population remained relatively stable at 1-2%.

Despite these demographic changes, no new LIHTC projects have been developed in Millington since 1996. This could be attributed to various factors, including changes in local housing policies, economic conditions, or shifts in federal funding priorities.

Millington's LIHTC funded affordable housing inventory, while modest, has been a consistent part of the city's housing landscape for over two decades. The Flag Manor project, completed in 1996, provides 172 low-income units, primarily consisting of two-bedroom apartments. This represents approximately 2.85% of the estimated housing stock.

The city has experienced a slight population decline and fluctuations in median income over the past decade, along with shifts in racial demographics. These changes have not resulted in new LIHTC developments. The analysis of Millington's LIHTC inventory and demographic trends provides insights into the city's affordable housing landscape and its evolution over time.