FACTS AND FIGURES

  • Approximately 680,00 Utahns live in 258,00 homes in 3,360 community associations.
  • These residents pay $922 million a year to maintain their communities. These costs would otherwise fall to the local government.
  • 23,000 Utahns are elected to their community association boards each year, providing $19 million in service.
  • Homes in community associations are generally valued at least 5-6%* more than other homes
  • By 2040 the community association housing model is expected to become the most common form of housing. o 90% say their association’s rules protect and enhance property values. o 80% of residents oppose additional regulation of community associations. o 85% of residents rate their community association experience as positive (63%) or neutral (22%). Sources
  • Community Associations fact book 2016.
  • HOA Sweet HOA: 2016 Homeowner satisfaction survey.
  • Community next: 2010 and beyond, 2017.
  • foundation.caionline.org
  • Caionline.org