Centerville has experienced modest population growth over the past decade, increasing from 35,627 in 2014 to 38,943 in 2022. The median income has also risen, from $76,938 in 2014 to $87,481 in 2022, indicating an overall increase in the city's economic prosperity. Racial demographics have remained relatively stable, with a slight decrease in the white population from 85% in 2014 to 83% in 2022. There have been small increases in the Hispanic and Black populations, rising to 4% and 6% respectively in 2022.

The absence of new LIHTC projects in the last decade, combined with rising median incomes, suggests that the need for additional low-income housing may not have been as pressing in recent years. However, it is important to note that other affordable housing programs not covered by this data may also be addressing housing needs in the city.

Centerville's LIHTC funded affordable housing inventory, while modest in size, has been a consistent part of the city's housing landscape for over 20 years. The single project, St Leonard Center, provides 100 units of affordable housing, primarily catering to smaller households. While the LIHTC funded units represent a small percentage of the city's estimated housing stock, they play a role in providing affordable options in a city that has seen steady population growth and increasing median incomes over the past decade.