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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
113,094
Spending Power
$775,721,363
Direct Jobs Supported
5,456
Total Economic Contribution
$1,367,131,329
Total Jobs Supported
13,644
Married couple with no children
9%
Married couple with children
5%
Single Individual living alone or with roommates
77%
Single Parent
9%
1 Person Household
61%
2 Person Household
24%
3 Persons or More in Household
15%
11%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
71,369
Operation Dollars Spent
$262,664,947
Direct On-site Jobs
1,496
Total Economic Contribution
$485,593,415
Total Jobs Supported
3,593
5 to 9 apartment homes per building
31%
10 to 29 apartment homes per building
21%
20 to 49 apartment homes per building
17%
50 apartment homes per building or more
32%

Building Apartments

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

Construction Dollars Spent
$5,977,063
Direct Jobs
27
Total Economic Contribution
$11,288,282
Total Jobs Supported
87
Apartments Built 1959 or earlier
41%
Apartments Built 1960 to 1979
31%
Apartment Built 1980 - 1999
20%
Apartments Built 2000 or Later
7%
4%

Multifamily Percentage of Total Building Permits