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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
223,125
Spending Power
$1,664,520,627
Direct Jobs Supported
13,326
Total Economic Contribution
$2,782,246,227
Total Jobs Supported
31,694
Married couple with no children
6%
Married couple with children
8%
Single Individual living alone or with roommates
76%
Single Parent
9%
1 Person Household
61%
2 Person Household
20%
3 Persons or More in Household
19%
8%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
137,326
Operation Dollars Spent
$458,346,729
Direct On-site Jobs
2,883
Total Economic Contribution
$821,533,802
Total Jobs Supported
6,785
5 to 9 apartment homes per building
27%
10 to 29 apartment homes per building
34%
20 to 49 apartment homes per building
23%
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
$240,719,632
Direct Jobs
1,333
Total Economic Contribution
$465,359,193
Total Jobs Supported
3,657
Apartments Built 1959 or earlier
10%
Apartments Built 1960 to 1979
31%
Apartment Built 1980 - 1999
35%
Apartments Built 2000 or Later
24%
33%

Multifamily Percentage of Total Building Permits