Lauderdale Lakes has experienced steady population growth over the past decade, increasing from 34,714 in 2014 to 36,889 in 2022. The median income has also shown an upward trend, rising from $34,693 in 2014 to $41,626 in 2022, indicating improving economic conditions for residents.

The racial composition of Lauderdale Lakes has remained relatively stable, with a predominantly Black population (around 80-84% throughout the decade). There has been a slight increase in the Hispanic population, growing from 6% in 2014 to 8% in 2022, while the White population has decreased slightly from 10% to 7% during the same period.

The city's demographic trends, including population growth and increasing median income, suggest a continued need for affordable housing options. However, the absence of new LIHTC projects since 2015 may indicate that other housing programs or initiatives are addressing the city's affordable housing needs.

Lauderdale Lakes' LIHTC-funded affordable housing inventory contributes to addressing the city's housing needs, covering 3.6% of the estimated housing stock. The city has benefited from nearly $890,000 in tax credits, supporting three projects over a decade. While the LIHTC program has contributed significantly to the city's affordable housing landscape, the lack of recent projects, coupled with demographic changes, suggests that ongoing assessment of affordable housing needs and potential alternative programs may be necessary to ensure adequate housing options for all residents.