National Statistics
Estimated number of U.S. association-governed communities and individual housing units and residents within those communities:
|
Year
|
|
Communities
|
|
Housing Units
|
|
Residents
|
|
1970 |
|
10,000 |
|
701,000 |
|
2.1 million |
|
1980 |
|
36,000 |
|
3.6 million |
|
9.6 million |
|
1990 |
|
130,000 |
|
11.6 million |
|
29.6 million |
|
2000 |
|
222,500 |
|
17.8 million |
|
45.2 million |
|
2002 |
|
240,000 |
|
19.2 million |
|
48.0 million |
|
2004 |
|
260,000 |
|
20.8 million |
|
51.8 million |
|
2006 |
|
286,000 |
|
23.1 million |
|
57.0 million |
|
2008 |
|
300,800 |
|
24.1 million |
|
59.5 million |
|
2009 |
|
305,400 |
|
24.4 million |
|
60.1 million |
|
Association-governed communities include homeowners associations, condominiums, cooperatives and other planned communities. Homeowners associations and other planned communities account for 52-55 percent of the totals above, condominiums for 38-42 percent and cooperatives for 5-7 percent. These are estimates based on U.S. Census publications, American Housing Survey (AHS), IRS Statistics of Income Reports, California and Florida state specific information, related association industry trade groups, and collaboration with industry professionals. | |
|
- Estimated number of community association managers: 60,000
- Estimated number of community association management companies: 10,000
2007 National Research
Zogby International conducted a nationally representative study of community association residents in November 2007. Here are a few of the top-line findings. Learn more.
- More than seven in 10 (71 percent) rate their overall community association experience as positive, while just 9 percent expressed discontent. One in five expressed neither point of view.
- 88 percent said their community association board members strive to serve the best interests of the community as a whole.
- 73 percent of those whose associations employ community managers said their managers provide value and support to residents and the community as a whole. Of those who have had direct interaction with their community managers, 88 percent said the experience was positive.
- 77 percent of community association residents said they are pleased with the return they get on their community association assessments.
- 74 percent said their community association's rules "protect and enhance" property values, while just three in 100 said these rules "harm" property values. About 20 percent said rules have no impact on property values.
Facts and Figures
- Almost 2 million Americans serve on community association boards, with hundreds of thousands more participating as committee members. Assuming the average board or committee member spends just one hour a week on association business—and for most it's much more than that—these volunteer leaders dedicate more than 100 million hours of service to their communities every year.
- The estimated real estate value of all homes in community associations approaches $4 trillion, approximately 20 percent of the value of all U.S. residential real estate.
- The total annual operating revenue for all community associations in the U.S. is more than $41 billion. Most of this is spent in associations' local economies for goods and services. Community association boards also maintain investment accounts of more than $35 billion for the long-term maintenance and replacement of commonly held property.
CAI media contact: Frank Rathbun, VP, Communications (703) 797-6261, Frathbun(at)caionline.org.