Wilson's population has fluctuated over the past decade, showing a general declining trend. The population decreased from 967 in 2014 to 709 in 2022. Despite this decline, the median income has increased overall, rising from $47,300 in 2014 to $53,735 in 2022.

The racial composition of Wilson has remained predominantly white throughout the last decade, with minor changes. The percentage of white residents decreased slightly from 96% in 2014 to 88% in 2022. There has been a small increase in diversity, with the percentage of residents identifying as two or more races growing from 1% in 2014 to 7% in 2022. The Hispanic population has also increased slightly from 1% to 4% during this period.

Wilson's LIHTC-funded affordable housing inventory consists of a single project with 6 low-income units, all two-bedroom apartments. This inventory covers a small percentage of the estimated housing stock but has provided affordable housing options for nearly two decades. The city has experienced a declining population trend but an increase in median income over the past decade. Despite minor changes, the racial composition remains predominantly white, with a slight increase in diversity. These demographic shifts may influence future affordable housing needs in Wilson.