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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
194,045
Spending Power
$1,494,266,239
Direct Jobs Supported
12,162
Total Economic Contribution
$2,635,138,513
Total Jobs Supported
30,159
Married couple with no children
16%
Married couple with children
14%
Single Individual living alone or with roommates
61%
Single Parent
9%
1 Person Household
41%
2 Person Household
30%
3 Persons or More in Household
29%
14%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
100,182
Operation Dollars Spent
$333,505,343
Direct On-site Jobs
2,230
Total Economic Contribution
$631,575,409
Total Jobs Supported
5,404
5 to 9 apartment homes per building
21%
10 to 29 apartment homes per building
23%
20 to 49 apartment homes per building
20%
50 apartment homes per building or more
35%

Building Apartments

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

Construction Dollars Spent
$245,949,022
Direct Jobs
1,288
Total Economic Contribution
$474,632,424
Total Jobs Supported
3,858
Apartments Built 1959 or earlier
11%
Apartments Built 1960 to 1979
55%
Apartment Built 1980 - 1999
26%
Apartments Built 2000 or Later
8%
55%

Multifamily Percentage of Total Building Permits