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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
76,324
Spending Power
$401,723,676
Direct Jobs Supported
3,500
Total Economic Contribution
$652,760,801
Total Jobs Supported
8,422
Married couple with no children
14%
Married couple with children
5%
Single Individual living alone or with roommates
73%
Single Parent
8%
1 Person Household
58%
2 Person Household
23%
3 Persons or More in Household
19%
5%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
47,856
Operation Dollars Spent
$163,188,870
Direct On-site Jobs
1,240
Total Economic Contribution
$280,003,379
Total Jobs Supported
2,857
5 to 9 apartment homes per building
35%
10 to 29 apartment homes per building
26%
20 to 49 apartment homes per building
18%
50 apartment homes per building or more
21%

Building Apartments

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

Construction Dollars Spent
$121,174,045
Direct Jobs
793
Total Economic Contribution
$219,179,613
Total Jobs Supported
2,208
Apartments Built 1959 or earlier
16%
Apartments Built 1960 to 1979
22%
Apartment Built 1980 - 1999
35%
Apartments Built 2000 or Later
28%
16%

Multifamily Percentage of Total Building Permits