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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
206,112
Spending Power
$1,026,119,023
Direct Jobs Supported
8,706
Total Economic Contribution
$1,746,967,636
Total Jobs Supported
21,276
Married couple with no children
7%
Married couple with children
4%
Single Individual living alone or with roommates
67%
Single Parent
22%
1 Person Household
47%
2 Person Household
25%
3 Persons or More in Household
27%
7%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
113,907
Operation Dollars Spent
$357,894,708
Direct On-site Jobs
2,767
Total Economic Contribution
$655,115,168
Total Jobs Supported
6,427
5 to 9 apartment homes per building
53%
10 to 29 apartment homes per building
26%
20 to 49 apartment homes per building
9%
50 apartment homes per building or more
12%

Building Apartments

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

Construction Dollars Spent
$72,162,126
Direct Jobs
482
Total Economic Contribution
$146,034,495
Total Jobs Supported
1,345
Apartments Built 1959 or earlier
8%
Apartments Built 1960 to 1979
27%
Apartment Built 1980 - 1999
36%
Apartments Built 2000 or Later
29%
14%

Multifamily Percentage of Total Building Permits