Over the past decade, Oak Park Southwest has undergone certain demographic changes. The population has remained relatively constant, fluctuating between approximately 1,858 and 2,465 residents. The median income has shown a notable increase, rising from $21,584 in 2013 to $52,973 in 2022, suggesting improved economic conditions for residents.

The racial composition of the neighborhood has remained predominantly African American, with the percentage of Black residents consistently above 80% throughout the last decade. However, there has been a slight decrease in the Black population percentage from 96% in 2020 to 87% in 2022, accompanied by a small increase in Hispanic residents (8%) and residents of two or more races (2%) in recent years.

It is noteworthy that no new LIHTC projects have been constructed in the neighborhood since 1994. This could be attributed to various factors, including changes in funding priorities, zoning regulations, or potentially reduced need for additional affordable housing units in the area.

Oak Park Southwest in Kansas City, Missouri, possesses a small but established LIHTC funded affordable housing inventory, with units constructed between 1988 and 1994. While these units represent a small percentage of the estimated housing stock, they provide significant affordable options for low-income residents. The neighborhood has experienced economic growth over the past decade, as evidenced by rising median incomes, while maintaining a relatively stable population. The racial composition remains predominantly African American, with recent slight increases in diversity. The absence of new LIHTC projects in recent years may necessitate further investigation into current affordable housing needs and policies in the area.