Bloomsdale's population has fluctuated over the past decade, showing a general upward trend from 1,424 residents in 2010 to 1,612 in 2022. The median income has increased significantly, rising from $34,625 in 2013 to $67,973 in 2022, potentially indicating changing economic conditions in the area.

The racial composition of Bloomsdale has remained predominantly white throughout the analyzed period, with a slight increase in diversity in recent years. The percentage of white residents decreased from 99% in 2013 to 94% in 2022, with a small increase in Black residents (5% in 2022) and those of two or more races.

The completion of the LIHTC project in 2015 coincides with a period of population growth and increasing median income in the city. This timing suggests that the affordable housing development may have been a response to growing housing needs as the city expanded.

Bloomsdale's affordable housing landscape is characterized by a single LIHTC-funded project providing 56 one-bedroom units, which covers approximately 9.1% of the estimated housing inventory. The city has experienced population growth and significant increases in median income over the past decade, potentially influencing the need for affordable housing options. While the racial composition remains predominantly white, there has been a slight increase in diversity in recent years. The LIHTC project, completed in 2015, appears to align with the city's growth trajectory and changing demographics, contributing to the affordable housing options available to Bloomsdale residents.