Parkland has experienced demographic shifts over the past decade. The population increased from 5,140 in 2013 to 5,398 in 2022, a growth of about 5%. Median income saw significant growth, rising from $23,884 in 2013 to $32,641 in 2022, an increase of approximately 37%. Racial demographics remained relatively stable, with the Black population consistently representing the majority. In 2013, 89% of residents identified as Black, compared to 92% in 2022. The White population decreased slightly from 4% to 3% during this period, while the Hispanic population remained relatively constant at around 1-3%.

Despite the increase in median income, the 2022 figure of $32,641 remains considerably below the national median, indicating an ongoing need for affordable housing options in the neighborhood.

Parkland's LIHTC-funded affordable housing inventory, while modest in size, has been a consistent presence in the neighborhood for nearly three decades. The 37 low-income units, primarily consisting of family-sized apartments, contribute to addressing the area's affordable housing needs. While the neighborhood has seen positive trends in population growth and median income over the past decade, the continued low median income suggests an ongoing demand for affordable housing options. The stable racial demographics, with a predominantly Black population, highlight the importance of ensuring equitable access to affordable housing in the community.