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 |
|
305,800 |
|
23.8 million |
|
59.5 million |
|
2010 |
|
311,600 |
|
24.8 million |
|
62.0 million |
| 2011 |
|
317.200 |
|
25.4 million |
|
62.7 million |
| 2012 |
|
323,600 |
|
25.9 million |
|
63.4 million |
Association-governed communities include homeowners associations, condominiums, cooperatives and other planned communities. Homeowners associations and other planned communities account for 50-52 percent of the totals above, condominiums for 45-48 percent and cooperatives for 2-3 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
- CAI estimates that 15-25 percent of common-interest communities are self-managed, meaning they do not employ an onsite manager or use the services of a association management company. The percentage of self-managed associations is highest in older urban areas where many apartment buildings have been converted to condominiums or cooperatives.
2012 National Research
Zogby Ibope International conducted a nationally representative survey of community association residents in February 2012. The survey affirmed what Zogby learned from similar national surveys in 2005, 2007 and 2009:
-
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
- An estimated 2 million volunteers serve on community association boards, with tens of thousands more serving as committee members.
- There are at least 320,000 community association annual meetings every year, at least 2.5 million association board meetings and an estimated one million association committee meetings a year.
- The estimated annual value of the time devoted by board members and other resident volunteers to their community associations is $850 million. According to one estimate, about 26 percent of the eligible U.S. population volunteers at some point during a year; community association leaders volunteer continuously during a year—a large percentage of them for many years.
- In 2012, association boards supervised the collection of close to $40 billion in annual assessments and maintained investment accounts of more than $35 billion for the long-term maintenance and replacement of commonly held property.
CAI media contact: Frank Rathbun, VP of Communications, (703) 970-9239, Frathbun(at)caionline.org.