Salemtown has experienced significant demographic changes over the past decade. The population has grown from 1,398 in 2013 to 2,028 in 2022. The median income has risen from $52,899 in 2013 to $115,164 in 2022, suggesting a trend towards gentrification.

The racial composition of the neighborhood has shifted notably. The percentage of Black residents decreased from 50% in 2013 to 23% in 2022, while the proportion of White residents increased from 46% to 67% during the same period. This demographic shift may indicate changing housing needs and affordability challenges in the neighborhood.

No new LIHTC projects have been recorded in Salemtown since 1993. The significant increase in median income and shift in racial demographics over the past decade may suggest that the neighborhood's socioeconomic landscape has changed, potentially affecting the perceived need for additional low-income housing through the LIHTC program.

Salemtown's LIHTC-funded affordable housing inventory, established between 1987 and 1993, provides 20 low-income units, covering approximately 2.57% of the estimated housing stock. The neighborhood has experienced substantial population growth, a dramatic increase in median income, and significant shifts in racial composition over the past decade. These demographic changes, particularly the rise in median income, may have influenced the lack of new LIHTC projects in recent years. The existing affordable housing continues to play a role in the neighborhood's housing mix, though its proportion relative to the growing population has decreased over time.