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
Association-governed communities include homeowners associations, condominiums, cooperatives and other planned communities. Homeowners associations and other planned communities account for 52-55% of the totals above, condominiums for 38-42% and cooperatives for 5-7%. 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%) 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.
CAI media contact: Frank Rathbun, VP, Communications and Public Relations (703) 797-6261,