The neighborhood name, "Historic Old Town," implies a combination of historical architecture and modern urban living. This may attract diverse demographics, including young professionals and students.

Population fluctuations may be due to changes in the local job market, university enrollment, or housing preferences. The recent slight decline could indicate challenges in maintaining neighborhood appeal or reflect broader demographic trends.

Despite fluctuations, the high population density suggests Historic Old Town remains a compact urban neighborhood. Residents likely have access to dining, shopping, and cultural attractions typical of dense urban environments.