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Home Buying
New Mexico
Demographics
US Census

How many new HOAs are created each year?

Answer

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December 03, 2013 12:14PM

In the United States, about 20% of the population lives in a common interest community, including HOAs, co-ops and condominiums.

This number has remained steady over the past few years, but as urban centers grow, the number will increase.

Given the last few years' hesitant growth in home building overall, the growth has slowed.

You could get the answer you want by looking at the growth rate year-over-year for a specific geography, state or part of the world that is the focus of your query.