Racial demographics in Wick Park have also changed. The Black population decreased from 49% in 2015 to 40% in 2022, while the White population remained relatively stable, moving from 44% to 42% in the same period. There has been a notable increase in residents identifying as two or more races, growing from 2% in 2015 to 11% in 2022.

The absence of new LIHTC projects in the last decade could be attributed to various factors, including the relatively stable population and the gradual increase in median income. However, the median income remains low, suggesting an ongoing need for affordable housing options.

Wick Park's LIHTC-funded affordable housing inventory provides 5 crucial low-income units. The single project, completed in 2002, focuses on serving single-parent households. Despite demographic changes over the past decade, including a slight population decrease and moderate income increase, the neighborhood's median income remains low, indicating a potential ongoing need for affordable housing options. The racial composition of the neighborhood has become more diverse, with a significant increase in residents identifying as two or more races. These demographic shifts and the limited LIHTC inventory suggest that additional affordable housing initiatives might be beneficial to address the community's evolving needs.