Over the last decade, Rancho Buena has experienced some demographic shifts. The population has grown from 9,362 in 2015 to 9,707 in 2022, a modest increase of about 3.7%. During this period, the median income has risen from $28,310 in 2015 to $34,485 in 2022, an increase of about 21.8%.

The racial composition of Rancho Buena has remained relatively stable, with a predominant Hispanic population. In 2022, 85% of residents identified as Hispanic, 11% as White, and smaller percentages of other racial groups. This demographic makeup has been consistent over the past decade, with only minor fluctuations.

The steady Hispanic majority in the neighborhood might indicate a need for culturally sensitive affordable housing options. The LIHTC projects have been serving a predominantly Hispanic community for many years.

Rancho Buena's LIHTC funded affordable housing inventory, established in 1999, covers about 7.4% of the estimated housing stock. The two LIHTC projects provide a mix of unit sizes, with a focus on two and three-bedroom units, potentially catering to families. While the neighborhood has seen modest population growth and income increases over the past decade, the racial composition has remained stable, with a strong Hispanic majority. This demographic consistency suggests that the LIHTC projects have been an integral part of the community for over two decades, potentially playing a crucial role in maintaining housing affordability in a neighborhood with a significant minority population.