Spruce Hill has experienced demographic shifts over the past decade. The population decreased from 11,760 in 2015 to 9,596 in 2022. Despite this decline, the median income increased from $39,165 in 2015 to $46,711 in 2022. The racial distribution has also changed, with the white population increasing from 47% in 2015 to 56% in 2022, while the Black population decreased from 19% to 13%. The Asian population remained relatively stable, fluctuating between 18% and 21%.

The absence of new LIHTC projects in the last decade may be related to these demographic shifts, particularly the rising median income and changing racial composition. However, other affordable housing programs may be addressing community needs not captured in this LIHTC data.

Spruce Hill's LIHTC-funded affordable housing inventory provides 89 low-income units to the community. The neighborhood experienced significant LIHTC development activity in the late 1980s and early 1990s, focusing on larger units suitable for families. While demographic changes over the past decade show a decreasing population and increasing median income, the presence of these affordable units likely contributes to maintaining economic diversity in the neighborhood. The analysis of LIHTC data offers insights into one aspect of Spruce Hill's affordable housing landscape, though a comprehensive understanding would require consideration of other housing programs and initiatives.