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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
320,627
Spending Power
$2,035,706,433
Direct Jobs Supported
17,352
Total Economic Contribution
$3,821,631,687
Total Jobs Supported
43,530
Married couple with no children
9%
Married couple with children
6%
Single Individual living alone or with roommates
71%
Single Parent
14%
1 Person Household
54%
2 Person Household
26%
3 Persons or More in Household
20%
7%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
191,573
Operation Dollars Spent
$651,859,251
Direct On-site Jobs
4,717
Total Economic Contribution
$1,270,219,456
Total Jobs Supported
11,295
5 to 9 apartment homes per building
44%
10 to 29 apartment homes per building
29%
20 to 49 apartment homes per building
13%
50 apartment homes per building or more
14%

Building Apartments

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

Construction Dollars Spent
$109,148,177
Direct Jobs
676
Total Economic Contribution
$231,536,027
Total Jobs Supported
2,017
Apartments Built 1959 or earlier
15%
Apartments Built 1960 to 1979
33%
Apartment Built 1980 - 1999
34%
Apartments Built 2000 or Later
18%
31%

Multifamily Percentage of Total Building Permits