The 2010s saw the most recent affordable housing project completion with Pearland Senior Village. This development added 126 units to the city's affordable housing inventory, consisting of 88 one-bedroom and 38 two-bedroom units. The Tranquility Bay Apartments, completed earlier, contributed 246 units to the total affordable housing stock.

Over the past decade, Pearland has experienced significant population growth, increasing from 90,811 in 2010 to 127,170 in 2022. This growth of approximately 40% indicates a rising demand for housing, including affordable options.

The median income in Pearland has fluctuated over the years but has generally remained high, with the most recent data showing a median income of $103,496 in 2022. This high median income suggests a need for affordable housing options for lower-income residents who may be priced out of the market.

Racial demographics data for 2022 shows a diverse population, with 33% White, 30% Hispanic, 18% Black, and 15% Asian residents. This diversity indicates a need for culturally sensitive and inclusive affordable housing options.

Pearland's LIHTC funded affordable housing inventory, while modest in comparison to the total estimated housing stock, provides 372 low-income units to the community. The city has seen two LIHTC projects completed over a span of six years, with the most recent addition in 2011. Given the significant population growth and high median income in Pearland, there may be ongoing demand for affordable housing options to ensure a diverse and inclusive community. While LIHTC projects contribute to meeting this need, additional affordable housing initiatives may be necessary to fully address the city's evolving housing requirements.