Over the past decade, Monroe Heights has experienced demographic shifts that may correlate with its LIHTC housing inventory. The population has decreased from 649 in 2010 to 327 in 2022. Despite this population decline, the median income has increased from $27,372 in 2013 to $35,777 in 2022, suggesting some economic improvement in the neighborhood.

Racial demographics have also shifted. While the neighborhood remains predominantly Black, the percentage has decreased from 96% in 2013 to 80% in 2022. There has been an increase in Hispanic residents, rising from 0% in 2013 to 12% in 2022. This gradual diversification of the neighborhood's racial composition may indicate changing housing needs and preferences.

The stable presence of LIHTC housing since 2002, despite demographic changes, suggests that these affordable units continue to play a crucial role in meeting the housing needs of Monroe Heights residents. The high percentage of LIHTC units compared to the estimated total housing units indicates that affordable housing remains a significant component of the neighborhood's housing stock.

Monroe Heights demonstrates a substantial commitment to affordable housing through its LIHTC-funded projects. With 57.6% of its estimated housing inventory dedicated to affordable units, the neighborhood has maintained a significant affordable housing presence since the early 2000s. The diverse unit mix caters to various household sizes, while demographic shifts over the past decade, including population changes and increasing racial diversity, highlight the ongoing importance of affordable housing options in this evolving neighborhood. The LIHTC program has played a crucial role in shaping the housing landscape of Monroe Heights, contributing to its socioeconomic fabric.