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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
289,333
Spending Power
$1,899,526,398
Direct Jobs Supported
15,573
Total Economic Contribution
$3,429,594,911
Total Jobs Supported
39,382
Married couple with no children
7%
Married couple with children
7%
Single Individual living alone or with roommates
70%
Single Parent
16%
1 Person Household
53%
2 Person Household
25%
3 Persons or More in Household
22%
8%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
172,565
Operation Dollars Spent
$580,699,185
Direct On-site Jobs
4,451
Total Economic Contribution
$1,150,227,459
Total Jobs Supported
10,810
5 to 9 apartment homes per building
33%
10 to 29 apartment homes per building
31%
20 to 49 apartment homes per building
15%
50 apartment homes per building or more
20%

Building Apartments

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

Construction Dollars Spent
$116,381,158
Direct Jobs
786
Total Economic Contribution
$249,300,078
Total Jobs Supported
2,326
Apartments Built 1959 or earlier
6%
Apartments Built 1960 to 1979
36%
Apartment Built 1980 - 1999
38%
Apartments Built 2000 or Later
19%
13%

Multifamily Percentage of Total Building Permits