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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
132,697
Spending Power
$786,731,676
Direct Jobs Supported
6,595
Total Economic Contribution
$1,294,252,281
Total Jobs Supported
16,002
Married couple with no children
7%
Married couple with children
5%
Single Individual living alone or with roommates
71%
Single Parent
17%
1 Person Household
55%
2 Person Household
28%
3 Persons or More in Household
17%
7%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
76,472
Operation Dollars Spent
$250,766,342
Direct On-site Jobs
1,823
Total Economic Contribution
$453,528,985
Total Jobs Supported
4,357
5 to 9 apartment homes per building
31%
10 to 29 apartment homes per building
22%
20 to 49 apartment homes per building
20%
50 apartment homes per building or more
27%

Building Apartments

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

Construction Dollars Spent
$88,341,254
Direct Jobs
563
Total Economic Contribution
$167,459,682
Total Jobs Supported
1,572
Apartments Built 1959 or earlier
7%
Apartments Built 1960 to 1979
32%
Apartment Built 1980 - 1999
43%
Apartments Built 2000 or Later
18%
12%

Multifamily Percentage of Total Building Permits