Over the past decade, Sweetwater's population has shown slight fluctuations, with a general upward trend from 11,700 in 2010 to 12,376 in 2022. The median income has also fluctuated, ranging from $37,251 in 2013 to $44,255 in 2019, with the most recent data showing $39,706 in 2022.

Regarding racial distribution, Sweetwater has predominantly remained a majority-white city, with the white population decreasing slightly from 89% in 2018 to 83% in 2022. There has been a small increase in diversity, with the Hispanic population growing from 2% to 6% and the two or more races category increasing from 2% to 7% during the same period.

Despite these demographic changes, there have been no new LIHTC projects in Sweetwater over the last decade. This could be due to various factors, including potential changes in housing needs or the availability of alternative affordable housing programs.

Sweetwater's LIHTC-funded affordable housing inventory, while small, has been a consistent part of the city's housing landscape for over 30 years. The West Hills Apartments project, completed in 1989, provides 24 low-income units, representing about 0.51% of the city's estimated housing stock. While the city has experienced slight population growth and fluctuations in median income over the past decade, there have been no new LIHTC projects during this period. The racial composition of Sweetwater has remained predominantly white, with a slight increase in diversity in recent years. These demographic trends and the existing LIHTC inventory provide a foundation for understanding the affordable housing landscape in Sweetwater, though a comprehensive assessment would require consideration of other affordable housing programs and local housing policies.