PDF Print

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
115,540
Spending Power
$657,471,444
Direct Jobs Supported
5,259
Total Economic Contribution
$1,015,267,404
Total Jobs Supported
12,186
Married couple with no children
10%
Married couple with children
5%
Single Individual living alone or with roommates
70%
Single Parent
15%
1 Person Household
50%
2 Person Household
33%
3 Persons or More in Household
17%
16%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
79,655
Operation Dollars Spent
$191,438,017
Direct On-site Jobs
1,330
Total Economic Contribution
$319,851,193
Total Jobs Supported
2,979
5 to 9 apartment homes per building
16%
10 to 29 apartment homes per building
21%
20 to 49 apartment homes per building
44%
50 apartment homes per building or more
19%

Building Apartments

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

Construction Dollars Spent
$479,117,588
Direct Jobs
2,654
Total Economic Contribution
$846,457,043
Total Jobs Supported
6,929
Apartments Built 1959 or earlier
10%
Apartments Built 1960 to 1979
26%
Apartment Built 1980 - 1999
31%
Apartments Built 2000 or Later
33%
44%

Multifamily Percentage of Total Building Permits