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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
352,128
Spending Power
$2,948,926,370
Direct Jobs Supported
20,843
Total Economic Contribution
$5,479,105,195
Total Jobs Supported
52,467
Married couple with no children
9%
Married couple with children
6%
Single Individual living alone or with roommates
72%
Single Parent
13%
1 Person Household
57%
2 Person Household
24%
3 Persons or More in Household
19%
10%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
210,115
Operation Dollars Spent
$815,919,112
Direct On-site Jobs
4,819
Total Economic Contribution
$1,569,723,934
Total Jobs Supported
11,390
5 to 9 apartment homes per building
29%
10 to 29 apartment homes per building
21%
20 to 49 apartment homes per building
19%
50 apartment homes per building or more
31%

Building Apartments

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

Construction Dollars Spent
$195,447,808
Direct Jobs
875
Total Economic Contribution
$382,256,823
Total Jobs Supported
2,731
Apartments Built 1959 or earlier
34%
Apartments Built 1960 to 1979
30%
Apartment Built 1980 - 1999
24%
Apartments Built 2000 or Later
13%
57%

Multifamily Percentage of Total Building Permits