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 2009
|
 |
300,800 305,000
|
 |
24.1 million 24.4million
|
 |
59.5 million 61.5 million
|
- More than seven in 10 (71%) rate their overall community association experience as positive, while just 9 percent expressed discontent. One in five expressed neither point of view.
- 88% said their community association board members strive to serve the best interests of the community as a whole.
- 73% 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% said the experience was positive.
- 77% of community association residents said they are pleased with the return they get on their community association assessments.
- 74% said their community association's rules "protect and enhance" property values, while just 3 in 100 said these rules "harm" property values. About 20 percent said rules have no impact on property values.
Facts and Figures
- More than 1.7 million Americans serve on a community association board, with close to 400,000 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 110 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% 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.
Source: Community Association Institute