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Cake day: July 15th, 2025

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  • As of recent estimates, Homeowners Associations (HOAs) in the U.S.) generate approximately $100 billion to $110 billion in annual revenue.

    Here’s a breakdown of the numbers: • Number of HOAs: Over 360,000 across the U.S. • Households governed by HOAs: ~75–80 million people, or about 27–30% of the U.S. population. • Average annual HOA fees: Typically range from $200 to $400 per month per household, though this can vary widely depending on region and amenities.

    Calculation (rough estimate): • Assume 40 million households in HOAs. • Average fee: $300/month × 12 months = $3,600/year • $3,600 × 40 million = $144 billion/year potential revenue

    But not all of that is counted as formal “revenue” due to reserves, unpaid dues, or variable costs. So economists and industry sources usually estimate actual annual revenues around $100–110 billion.

    Sources: • Community Associations Institute (CAI) • U.S. Census Bureau housing data • Industry reports on property management and community associations