Over the past decade, the neighborhood has experienced demographic shifts. The population has remained relatively stable, fluctuating between approximately 9,200 and 9,800 residents. The median income has shown a positive trend, increasing from $28,502 in 2018 to $37,232 in 2022, representing a 30.6% growth over five years.

Racial demographics have also changed. The Hispanic population has decreased from 36% in 2018 to 28% in 2022, while the white population has remained steady at around 54%. There has been an increase in racial diversity, with the percentage of residents identifying as two or more races growing from 4% to 8% during this period.

Despite the absence of new LIHTC projects in the last decade, the demographic data suggests a potential need for continued affordable housing options. The rising median income could indicate increasing housing costs, potentially creating challenges for lower-income residents to find affordable housing.

The South Central Improvement neighborhood in Wichita has a small but established inventory of LIHTC-funded affordable housing, developed primarily in the late 1980s and 1990s. These units represent a modest portion of the estimated housing stock but play a crucial role in providing affordable options. The neighborhood has experienced income growth and slight demographic shifts in recent years, which may influence future affordable housing needs. The existing LIHTC projects demonstrate a long-standing commitment to affordable housing in the area, but ongoing assessment of housing affordability in relation to income trends will be important for addressing the community's evolving needs.