Sycamore's population has remained relatively stable over the past decade, fluctuating between 6,000 and 6,400 residents. The median income has shown variability, ranging from about $56,000 to $67,000, with the most recent data indicating a median income of $61,525 in 2022.

Racial demographics in Sycamore have undergone changes in recent years. The white population has decreased from 84% in 2013 to 77% in 2022, while the Black population has increased from 6% to 12% during the same period. The Hispanic population has remained relatively stable at 6-7%.

These demographic shifts, particularly the increase in racial diversity and the fluctuations in median income, may indicate evolving housing needs in the neighborhood. However, no new LIHTC projects have been developed in the last decade, suggesting that other factors or housing programs might be addressing these changing dynamics.

The Sycamore neighborhood's affordable housing landscape is characterized by the Olde Oak Tree LIHTC-funded project, which has been present since 2005. This project contributes significantly to the neighborhood's affordable housing stock, representing about 5.2% of the estimated housing inventory. The predominantly one-bedroom unit configuration suggests a focus on smaller households. While demographic changes have occurred over the past decade, including increased racial diversity and income fluctuations, no new LIHTC projects have been developed during this time. This analysis provides insights into the role of LIHTC-funded housing in Sycamore and highlights the potential for further exploration of affordable housing needs in the context of evolving neighborhood demographics.