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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
183,387
Spending Power
$1,279,562,207
Direct Jobs Supported
10,855
Total Economic Contribution
$2,071,227,344
Total Jobs Supported
25,526
Married couple with no children
7%
Married couple with children
6%
Single Individual living alone or with roommates
78%
Single Parent
9%
1 Person Household
58%
2 Person Household
29%
3 Persons or More in Household
13%
10%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
121,844
Operation Dollars Spent
$366,410,689
Direct On-site Jobs
2,392
Total Economic Contribution
$600,687,088
Total Jobs Supported
5,356
5 to 9 apartment homes per building
28%
10 to 29 apartment homes per building
33%
20 to 49 apartment homes per building
22%
50 apartment homes per building or more
17%

Building Apartments

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

Construction Dollars Spent
$120,732,356
Direct Jobs
639
Total Economic Contribution
$207,128,430
Total Jobs Supported
1,794
Apartments Built 1959 or earlier
16%
Apartments Built 1960 to 1979
30%
Apartment Built 1980 - 1999
37%
Apartments Built 2000 or Later
18%
34%

Multifamily Percentage of Total Building Permits