Walnutport has experienced a slight decline in population, decreasing from 2,164 in 2015 to 1,918 in 2022. The median income has also seen a downward trend, falling from $67,104 in 2015 to $55,365 in 2022. This decline in income may indicate an increased need for affordable housing options.

Regarding racial demographics, the city has remained predominantly white, with a decrease from 94% in 2015 to 83% in 2022. There has been a notable increase in the Hispanic population, rising from 5% in 2015 to 14% in 2022. This shift in demographics could potentially influence future affordable housing needs and considerations.

Walnutport's LIHTC-funded affordable housing inventory consists of one project with 37 units, covering approximately 5.03% of the estimated housing stock. The city received $69,878 in project tax credits, representing 0.01% of Pennsylvania's total LIHTC funding. The population and median income have decreased over the past decade, while there has been an increase in racial diversity, particularly in the Hispanic population. These demographic shifts may impact future affordable housing needs in the community.