Over the past decade, Bonneauville's population has fluctuated, with a slight overall decrease from 2,082 in 2013 to 1,857 in 2022. The median income has shown a general upward trend, rising from $56,165 in 2013 to $71,698 in 2022. This increase in median income might indicate a reduced need for additional affordable housing in recent years.

Regarding racial demographics, the city has maintained a predominantly white population, consistently above 88% throughout the past decade. There has been a slight increase in diversity, with small increases in the Black and Hispanic populations, rising to 5% each by 2022. However, these changes have been minimal and likely have not significantly impacted the demand for affordable housing.

Bonneauville's LIHTC-funded affordable housing inventory consists of a single project, Cedarfield Apartments, providing 32 low-income units. This accounts for approximately 4.5% of the estimated housing stock in the city. The city has experienced stable demographics with a slight increase in median income over the past decade, which may influence the current demand for affordable housing. The LIHTC program has played a role in addressing affordable housing needs in Bonneauville, but a comprehensive assessment of all housing programs would be necessary to fully understand the city's affordable housing landscape.