Schiller Park has experienced demographic changes over the past decade. The population increased slightly from 12,773 in 2013 to 13,354 in 2022. Median income showed moderate growth, rising from $27,831 in 2013 to $30,509 in 2022, indicating gradual economic improvement.

Racial demographics have shifted. The Black population decreased from 68% in 2013 to 57% in 2022, while the Asian population increased from 1% to 12%. The Hispanic population grew from 4% to 7%, and the White population decreased from 24% to 16%. These changes suggest a diversifying neighborhood.

The completion of Walden Park Senior Housing I in 2011 precedes these demographic shifts, potentially indicating that the project was developed in anticipation of changing population and housing needs.

Schiller Park's LIHTC funded affordable housing inventory, while modest, addresses some of the neighborhood's housing needs. The single project, Walden Park Senior Housing I, provides 126 low-income units, primarily one-bedroom apartments, serving the community for over a decade.

The neighborhood's demographic changes since the project's completion, including population diversification and moderate median income increase, may influence future affordable housing needs and development strategies. While the current LIHTC inventory covers a small percentage of estimated housing units, it establishes a foundation for affordable housing in Schiller Park, potentially complemented by other housing assistance programs not captured in this data.