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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
74,717
Spending Power
$470,679,672
Direct Jobs Supported
3,934
Total Economic Contribution
$718,021,839
Total Jobs Supported
9,042
Married couple with no children
7%
Married couple with children
4%
Single Individual living alone or with roommates
82%
Single Parent
7%
1 Person Household
70%
2 Person Household
20%
3 Persons or More in Household
10%
9%

of population lives in apartments

Managing Apartments

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

Total Apartment Homes
50,813
Operation Dollars Spent
$153,122,273
Direct On-site Jobs
1,053
Total Economic Contribution
$240,647,271
Total Jobs Supported
2,320
5 to 9 apartment homes per building
24%
10 to 29 apartment homes per building
29%
20 to 49 apartment homes per building
30%
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
$144,123,721
Direct Jobs
894
Total Economic Contribution
$243,842,923
Total Jobs Supported
2,349
Apartments Built 1959 or earlier
12%
Apartments Built 1960 to 1979
31%
Apartment Built 1980 - 1999
37%
Apartments Built 2000 or Later
20%
28%

Multifamily Percentage of Total Building Permits