SOME INTERESTING FACTOIDS...
DID YOU KNOW?!
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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.