North Perry has experienced demographic shifts over the past decade. The population has remained relatively stable, increasing from 6,631 in 2015 to 6,681 in 2022. The median income has risen significantly, growing from $27,361 in 2015 to $49,216 in 2022, an increase of nearly 80%.

Racial demographics have evolved. The white population has decreased from 72% in 2015 to 61% in 2022, while the Black population has increased from 8% to 15%, and the Hispanic population has grown from 12% to 17% during the same period. This indicates a trend towards increased diversity in the neighborhood.

The absence of new LIHTC projects in the past decade may be partially attributed to the rising median income, potentially indicating a reduced need for additional affordable housing units. However, the growing diversity and population stability suggest that the existing affordable housing stock continues to play an important role in the community.

North Perry's LIHTC-funded affordable housing inventory represents a significant portion of the neighborhood's estimated housing stock, aligning with recommended targets for balanced communities. The area has benefited from substantial federal investment through the LIHTC program, resulting in a diverse range of affordable units built over three decades. While no new LIHTC projects have been developed in recent years, the existing affordable housing continues to serve the community amidst changing demographics, including rising median incomes and increasing racial diversity. These trends highlight the ongoing importance of maintaining and potentially expanding affordable housing options to ensure North Perry remains an inclusive and accessible neighborhood for residents across various income levels.