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
2009 National Research
Zogby International conducted a nationally representative survey of community association residents in December 2009. The survey affirmed what Zogby learned from similar national surveys in 2005 and 2007:
-
Residents are satisfied with their community associations.
-
Association board members strive to serve the best interests of the community.
-
Community managers provide value and support to associations.
-
Association rules protect and enhance property values.
-
Homeowners value the return they get for their association assessments.
-
Residents do not want additional government intervention in their communities.
Downloadable color and black and white PDFs are posted in the Press Room under Related Documents.
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@caionline.org.