Over the past decade, the Industrial neighborhood has experienced demographic changes. The population has shown an upward trend, increasing from 1,096 in 2015 to 1,264 in 2022. Median income has fluctuated but overall increased from $36,763 in 2015 to $37,491 in 2022, indicating a slight improvement in economic conditions.

Racial demographics have remained relatively stable, with the Black population consistently representing the majority. The Black population percentage decreased slightly from 79% in 2016 to 77% in 2022, while the Asian population increased from 4% to 9% during the same period. The White population decreased from 11% to 6%, and there was a small increase in residents identifying as two or more races.

These demographic trends, particularly the rising population and slight increase in median income, suggest a continued need for affordable housing options in the neighborhood. The stable racial composition, with a predominant Black population, underscores the importance of ensuring equitable access to affordable housing for diverse communities.

The Industrial neighborhood in Philadelphia has a modest LIHTC funded affordable housing inventory, covering about 8.3% of the estimated housing units. The area has received significant federal investment through the LIHTC program, averaging $19,905 per unit. The most recent known project, Inglis Apts At Elmwood, completed in 2007, offers a mix of one-bedroom and three-bedroom units. Demographic trends over the past decade indicate a growing population and slightly increasing median income, suggesting an ongoing need for affordable housing options. The neighborhood's racial composition has remained relatively stable, with a predominant Black population, highlighting the importance of maintaining and potentially expanding affordable housing to serve the community's diverse needs.