Community Association Management Statistics


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Community Association Management Statistics 2023: Facts about Community Association Management outlines the context of what’s happening in the tech world.

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Top Community Association Management Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 11 Community Association Management Statistics on this page 🙂

Community Association Management “Latest” Statistics

  • The cleanliness and proper upkeep of the area are cited as the top features of living in a community association by 21% of HOA members.[1]
  • Florida has the greatest percentage of homeowners that belong to community associations, at 67.3%.[1]
  • Most associations, between 30% and 40%, are self-managed, which means they don’t hire a community manager or management firm.[2]
  • Approximately 50,000 to 55,000 community managers work for associations, offering them professional services.[2]

Community Association Management “Other” Statistics

  • 44.8% of HOA members who responded to a study said they were more likely to choose to buy or rent a house if it was in an HOA neighborhood.[1]
  • The average homeowner HOA membership rate throughout the other states and territories, including the District of Columbia and Puerto Rico, is 10.3%.[1]
  • HOA resident numbers increased from 2019 to 2020 by 0.27% but homeownership rates were unchanged.[1]
  • West Virginia has the greatest homeownership percentage (78.2%), but also one of the lowest homeowner HOA membership rates (2.9%).[1]
  • The median pay is the wage estimate at the 50th percentile, meaning that 50% of employees earn less than the median and 50% of workers earn more than the median.[3]
  • Each year, they put in about 78 million hours of service, worth an estimated 1.6 billion dollars.[2]
  • CAMs are 21 percentage points more satisfied than all American employees across all occupations, 74% of people said their career was very or very satisfying.[4]

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How Useful is Community Association Management

So, how useful is community association management really?

One of the primary benefits of community association management is the enforcement of rules and regulations. Community associations have guidelines in place that aim to maintain a certain level of order and coherence within a neighborhood. These rules can range from lawn maintenance requirements to noise ordinances and everything in between. By enforcing these regulations, community associations help ensure that all residents are living in a clean, safe, and peaceful environment.

Furthermore, community associations often play a key role in property maintenance. These associations are responsible for the upkeep of common areas, such as parks, sidewalks, and swimming pools. By properly maintaining these spaces, community associations can enhance the overall quality of life for residents and contribute to the aesthetic appeal of the neighborhood. Additionally, community associations can oversee large-scale maintenance projects, such as repaving roads or replacing roofs, that may be beyond the capacity of individual homeowners.

In addition to regulatory and maintenance functions, community associations can also provide a sense of community for residents. Neighborhood events, social gatherings, and communal amenities can help foster a sense of belonging and camaraderie among residents. By organizing these activities, community associations create opportunities for neighbors to get to know each other, share common interests, and build lasting relationships.

On the other hand, critics of community association management argue that these organizations can be overly restrictive and invasive in residents’ lives. Rules and regulations, they argue, can stifle individuality and personal expression. Residents may feel constrained by a community association’s guidelines and long for more freedom to make decisions about their own property.

Furthermore, some residents may feel that community associations are unnecessary bureaucracies that add an extra layer of red tape to their lives. Association fees and assessments can be a financial burden for some homeowners, particularly those on limited incomes. Additionally, disagreements between residents and community association boards can lead to prolonged disputes and tension within the neighborhood.

In conclusion, the usefulness of community association management ultimately depends on one’s perspective. While these organizations can provide essential services like rule enforcement, maintenance, and community building, they can also be perceived as overly restrictive and burdensome. Finding the right balance between these competing interests is key to creating a successful and harmonious community association that benefits all residents.

Reference


  1. ipropertymanagement – https://ipropertymanagement.com/research/hoa-statistics
  2. ciaservices – https://www.ciaservices.com/cia-about-newsletter-detail.php?id=85574
  3. bls – https://www.bls.gov/oes/current/oes119141.htm
  4. flcaa – https://www.flcaa.com/post/salary-income-money-licensed-cam-community-association-manager-florida

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