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LIVING IN APARTMENTS

Renting can be smart choice for a wide range of individuals and families across all income levels. That’s why a diverse array of people call apartments home.

Apartment Residents
213,076
Spending Power
$1,171,335,088
Direct Jobs Supported
9,841
Total Economic Contribution
$2,013,056,483
Total Jobs Supported
24,074
Married couple with no children
6%
Married couple with children
8%
Single Individual living alone or with roommates
71%
Single Parent
16%
1 Person Household
53%
2 Person Household
26%
3 Persons or More in Household
21%
7%

of population lives in apartments

Managing Apartments

Apartment homes are economic engines, driving dollars and jobs that strengthen local communities.

Total Apartment Homes
130,042
Operation Dollars Spent
$368,514,308
Direct On-site Jobs
2,742
Total Economic Contribution
$657,011,262
Total Jobs Supported
6,312
5 to 9 apartment homes per building
38%
10 to 29 apartment homes per building
36%
20 to 49 apartment homes per building
15%
50 apartment homes per building or more
12%

Building Apartments

Apartment construction continues as a bright spot in the economy, helping lead the housing recovery.

Construction Dollars Spent
$74,254,747
Direct Jobs
473
Total Economic Contribution
$145,554,155
Total Jobs Supported
1,339
Apartments Built 1959 or earlier
7%
Apartments Built 1960 to 1979
25%
Apartment Built 1980 - 1999
42%
Apartments Built 2000 or Later
27%
27%

Multifamily Percentage of Total Building Permits