SOME INTERESTING FACTOIDS...

DID YOU KNOW?!

____________________________

347,000

Community Associations in the U.S.

 

74 MILLION

Americans currently living in a community association

 

48,250

Community associations in Florida as of 2018, the leading state followed by California and New York.

 

38-42%

Percentage of condominiums

 

$6.28 TRILLION

Value of homes in community associations

 

$96 BILLION

Assessments collected annually to fund essential association obligations

 

$27.3 BILLION

Contributed to reserve funds for repair, replacement, or enhancement of common property

 

 

26.0%

Population residing in community associations

 

 

 

>>In 2018-19 National and State Statistical Review for Community Association Data, published by the Foundation for Community Association Research, shows that the value of collective management, privatization of public maintenance services, and affordable housing options are the top reasons that planned communities appeal to a quarter of U.S. residents as of 2018.

 

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