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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
1,090,388
Spending Power
$7,018,059,069
Direct Jobs Supported
59,552
Total Economic Contribution
$14,661,427,200
Total Jobs Supported
157,117
Married couple with no children
10%
Married couple with children
9%
Single Individual living alone or with roommates
65%
Single Parent
17%
1 Person Household
48%
2 Person Household
26%
3 Persons or More in Household
26%
11%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
578,405
Operation Dollars Spent
$1,815,613,255
Direct On-site Jobs
13,974
Total Economic Contribution
$3,928,790,997
Total Jobs Supported
34,475
5 to 9 apartment homes per building
34%
10 to 29 apartment homes per building
32%
20 to 49 apartment homes per building
15%
50 apartment homes per building or more
19%

Building Apartments

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

Construction Dollars Spent
$878,369,856
Direct Jobs
5,518
Total Economic Contribution
$1,988,014,495
Total Jobs Supported
17,592
Apartments Built 1959 or earlier
6%
Apartments Built 1960 to 1979
24%
Apartment Built 1980 - 1999 Apartments
42%
Built 2000 or Later
28%
29%

Multifamily Percentage of Total Building Permits