The estimated number of housing units in 2022 is 556, based on the national average household size of 2.61 persons. This suggests a mix of housing types in the neighborhood. The housing stock may be experiencing increased vacancy rates due to the population decline.

Various factors could contribute to the rapid population decrease, including economic changes, shifts in housing preferences, or urban development patterns. Carr Square has historically been part of St. Louis's urban renewal efforts, which may have influenced these demographic trends.

Despite the population decline, the neighborhood's proximity to downtown St. Louis likely provides residents with access to urban amenities and employment opportunities. However, the lower density may have impacted local businesses and community services, potentially resulting in a more residential-focused environment.

The demographic shift in Carr Square presents challenges and opportunities. While the reduced density may offer more space and potentially lower housing costs for current residents, it also raises questions about the long-term sustainability of local services and community infrastructure. Urban planners and policymakers may need to consider strategies to stabilize the population or adapt community resources to serve the needs of a smaller resident base.