The LIHTC funded housing inventory in Gurnee includes a diverse mix of unit types. There are 33 efficiencies, 264 one-bedroom units, 360 two-bedroom units, and 16 three-bedroom units. This distribution suggests a focus on accommodating smaller households and families.

Over the past decade, Gurnee's population has remained relatively stable, with minor fluctuations. The median income has shown a general upward trend, increasing from $87,434 in 2015 to $96,493 in 2022. This rise in median income might indicate a growing need for affordable housing options for lower-income residents.

The racial composition of Gurnee has remained fairly consistent in recent years. The white population has slightly decreased from 61% in 2013 to 58% in 2022, while the Asian population has increased from 10% to 11% during the same period. The Hispanic population has remained stable at around 18-19%. This diversity suggests a need for inclusive affordable housing options that cater to various cultural backgrounds.

Gurnee has made significant investments in affordable housing through the LIHTC program, with 799 total units and 679 low-income units. The city holds 1.93% of the state's LIHTC funding, indicating a commitment to affordable housing. The housing stock offers a range of unit types, predominantly one- and two-bedroom apartments, catering to diverse household sizes. While the LIHTC funded housing covers 5.6% of the estimated housing inventory, there may be additional affordable housing programs contributing to the city's overall affordable housing stock. The city's stable population, rising median income, and diverse racial composition underscore the ongoing importance of maintaining and potentially expanding affordable housing options to ensure inclusive community development.