Medina has experienced significant demographic changes over the past decade. From 2013 to 2022, the population increased from 4,982 to 6,746 residents. The median income also rose from $155,418 to $163,549 during this period, indicating an affluent community. Racial demographics shifted noticeably, with the white population decreasing from 95% to 80%, while the Asian population increased from 1% to 11%. The black population grew from less than 1% to 3%, and those identifying as two or more races increased from 1% to 5%. These trends suggest growing diversity in the city.

The introduction of LIHTC housing in 2016 coincides with a period of rapid population growth and increasing diversity in Medina. This timing may indicate a response to changing housing needs within the community, particularly for larger families, given the unit mix in the LIHTC project.

Medina's LIHTC-funded affordable housing represents a small but significant portion of its housing inventory. The single project completed in 2016 provides 26 low-income units, primarily catering to families with its mix of two-, three-, and four-bedroom apartments. While the city has experienced substantial population growth and increasing diversity over the past decade, its median income remains high. The introduction of LIHTC housing appears to align with these demographic shifts, potentially addressing evolving housing needs in this growing community.