• Nearly one out of every six Americans (60 million) lives in a community association.
• There are an estimated 300,000 community associations in the United States providing 24 million housing units.
• Between 9,000 and 11,000 new community associations are formed every year.
• In the largest metropolitan areas, more than 50 percent of new home sales are in community associations.
• Community associations can range in size from as small as a two-unit association to large-scale, master planned communities with more than 30,000 units.
• 25 million Americans serve on a community association Board.
• Community associations have become increasingly popular because they help protect home values, provide affordable ownership opportunities, help meet the increased privatization of services as local governments cut back, and are efficient land planning, land use, and land conservation techniques.

Economic Impact

The real estate value of all community associations and their units exceeds $2.25 trillion, approximately 17-19% of the value of all U.S. residential real estate.

The estimated annual operating revenue for all community associations in the U.S. is more than $35 billion. Most of this is spent in the associations' local economies for products and services.

California community associations contribute significantly to California’s economy. More than $12 billion a year goes toward operating funds, most of which go directly to the small businesses that serve associations. These costs would otherwise fall to the local government.