PDF Print

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
261,909
Spending Power
$1,591,499,382
Direct Jobs Supported
13,406
Total Economic Contribution
$2,633,613,178
Total Jobs Supported
31,801
Married couple with no children
9%
Married couple with children
5%
Single Individual living alone or with roommates
76%
Single Parent
10%
1 Person Household
56%
2 Person Household
27%
3 Persons or More in Household
17%
9%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
164,980
Operation Dollars Spent
$459,904,046
Direct On-site Jobs
3,112
Total Economic Contribution
$767,132,826
Total Jobs Supported
7,086
5 to 9 apartment homes per building
28%
10 to 29 apartment homes per building
31%
20 to 49 apartment homes per building
26%
50 apartment homes per building or more
16%

Building Apartments

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

Construction Dollars Spent
$293,468,188
Direct Jobs
1,800
Total Economic Contribution
$528,770,981
Total Jobs Supported
4,796
Apartments Built 1959 or earlier
15%
Apartments Built 1960 to 1979
34%
Apartment Built 1980 - 1999
32%
Apartments Built 2000 or Later
19%
32%

Multifamily Percentage of Total Building Permits