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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
319,573
Spending Power
$2,203,635,854
Direct Jobs Supported
17,977
Total Economic Contribution
$3,880,602,739
Total Jobs Supported
44,761
Married couple with no children
6%
Married couple with children
5%
Single Individual living alone or with roommates
73%
Single Parent
16%
1 Person Household
55%
2 Person Household
25%
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
191,127
Operation Dollars Spent
$623,203,275
Direct On-site Jobs
4,785
Total Economic Contribution
$1,206,647,427
Total Jobs Supported
11,298
5 to 9 apartment homes per building
30%
10 to 29 apartment homes per building
30%
20 to 49 apartment homes per building
18%
50 apartment homes per building or more
22%

Building Apartments

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

Construction Dollars Spent
$59,024,688
Direct Jobs
357
Total Economic Contribution
$123,538,673
Total Jobs Supported
1,024
Apartments Built 1959 or earlier
10%
Apartments Built 1960 to 1979
35%
Apartment Built 1980 - 1999
32%
Apartments Built 2000 or Later
24%
8%

Multifamily Percentage of Total Building Permits