The median income in Tremont has increased from $23,520 in 2013 to $35,405 in 2022, a rise of approximately 50%. This income growth correlates with the slight diversification in racial composition, suggesting that economic improvements may be attracting a more diverse population. Despite this increase, Tremont's median income remains below the national average, indicating ongoing economic challenges. The population has grown modestly from 34,415 in 2013 to 36,272 in 2022, suggesting a relatively stable community with some influx of new residents.

Tremont's demographic stability contrasts with broader trends in many urban areas across the United States, which have often experienced more rapid diversification or gentrification. The neighborhood's persistent Hispanic majority and steady Black population suggest strong community ties and cultural preservation. The income growth in Tremont, while significant, still leaves the neighborhood economically disadvantaged compared to national averages. This pattern is common in many historically minority-majority urban neighborhoods, where economic progress occurs but often lags behind more affluent areas.

The slight increase in diversity, particularly the growth in Asian, White, and multiracial populations, aligns with broader national trends of increasing diversity in urban areas. However, the pace of this change in Tremont is slower than in many other urban neighborhoods across the country. Tremont presents a picture of a stable, predominantly Hispanic and Black community that is experiencing slow but steady economic improvement and very gradual diversification. While facing ongoing economic challenges, the neighborhood's demographic consistency suggests a strong cultural identity and community cohesion that has persisted through the past decade's changes.