Over the past decade, Millennium Village has experienced demographic changes. The population has remained relatively stable, fluctuating between 884 and 1,025 residents. Median income has shown variability, ranging from about $30,708 to $47,479, with the most recent data indicating $41,352 in 2022.

Racial demographics have changed significantly since the introduction of LIHTC housing in 2015. The Black population has decreased from 55% in 2015 to 38% in 2022, while the White population has increased from 24% to 32%. The Hispanic population has remained relatively stable, moving from 18% to 20%. The percentage of residents identifying as two or more races has increased from 1% to 8% during this period.

Millennium Village's LIHTC funded affordable housing, represented by McKinstry Place, provides 25 low-income units, covering about 7.4% of the estimated housing inventory. The project, completed in 2015, received significant federal investment, averaging $23,247 per unit. The housing mix focuses on two and three-bedroom units, potentially catering to families. Over the past decade, the neighborhood has experienced demographic shifts, including changes in racial composition and fluctuations in median income. These changes coincide with the introduction of LIHTC housing, though direct causation cannot be inferred from this data alone.