Over the past decade, Hoffman Estates has experienced slight fluctuations in population, with a peak of 72,375 residents in 2017 and a decrease to 71,041 by 2022. The median income has shown an overall upward trend, rising from $90,068 in 2013 to $98,543 in 2022.

Racial demographics have shifted during this period. The Asian population has increased from 22% in 2013 to 29% in 2022, while the white population has decreased from 54% to 45%. The Hispanic population has remained relatively stable at around 18-19%, and the Black population has seen a slight increase from 3% to 5%.

Despite these demographic changes, there have been no new LIHTC projects in the last decade. This could be due to various factors, including the relatively high median income of the area, which may reduce the perceived need for additional low-income housing.

Hoffman Estates has one LIHTC-funded affordable housing project, Poplar Creek Village, which provides 121 units, including 9 low-income units. This project, completed in 2006, represents a small portion (0.44%) of the city's estimated housing stock. The city has received over $1 million in LIHTC funding, accounting for 0.13% of the state's total LIHTC allocation. While demographic shifts have occurred over the past decade, including increases in median income and changes in racial composition, no new LIHTC projects have been developed during this time.