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2024 U.S. Industry Statistics & Market Forecast - Condominium & Homeowner's Associations & Athletic Associations


Market Size & Industry Statistics

The total U.S. industry market size for Condominium & Homeowner's Associations & Athletic Associations: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The Condominium & Homeowner's Associations (HOA) & Athletic Associations industry is constantly evolving due to changes in market demand, regulatory frameworks and technological advancements. Several trends are currently affecting this industry:

1. Sustainability: Condominium and HOA boards are increasingly focused on environmental sustainability. From the use of green roofs to the installation of solar panels, associations are exploring ways to minimize their carbon footprint.

2. Tech-led Management: Modern property management is becoming automated. Many management companies are using software solutions to streamline administrative tasks while increasing transparency for residents.

3. Remote Management: The COVID-19 pandemic forced associations to embrace virtual management. Remote management solutions like virtual hearings, online voting, and video conferencing are now preferred for property management.

4. Financial Management & Budgets: Associations are actively looking for cost-savings measures to reduce operating expenses. This has led to an increased focus on identifying financial solutions such as loans, lines of credit, and new assessment structures to stabilize budgets.

5. Changes in Common Areas: With the rise of remote work, outdoor spaces near communities are in high demand. Many HOAs and condominium associations are adapting vacant land into outdoor gathering spaces with internet access.

6. Legal Compliance: Compliance with the Americans with Disabilities Act (ADA) remains a priority for associations. Associations are required to identify any accessibility issues and implement remedial measures to bring their properties into compliance with ADA regulations.



Product & Services Breakdown

Research products and services in the Condominium & Homeowner's Associations & Athletic Associations industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Advertising Revenues

Membership Services

Membership Services - Civic And Social Organization

Membership Services - Business And Professional Association

Other Membership (Including Religious Congregation) Services

Condominium And Homeowners' Association Assessments

Organizing Seminars, Conferences, Trade Shows, And Other Special Events

Ticket Sales (Or Event Admissions)

Licensing Of Rights To Use Intellectual Property

Licensing Of Rights To Use Intellectual Property Protected By Copyright

Licensing Of Rights To Use Intellectual Property Protected By Trademark

Lodging Or Rental Of Residential Space

Meals And Beverages, Prepared And Served Or Dispensed, For Immediate Consumption

Meals And Non-Alcoholicoholic Beverages

Rental Of Non-Residential Space In Buildings Or Other Facilities

All Other Receipts

All Other Operating Receipts

Contributions, Gifts, And Grants - Private

Investment Income, Including Interest And Dividends

Program Service Revenue Including Government Fees And Contracts

All Other Revenue



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Condominium & Homeowner's Associations & Athletic Associations company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Condominium & Homeowner's Associations & Athletic Associations industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Condominium & Homeowner's Associations & Athletic Associations measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 19%

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Top Executives 10%
Chief Executives1%
General and Operations Managers 9%
General and Operations Managers9%
Business and Financial Operations Occupations 28%
Business Operations Specialists 25%
Human Resources Workers 13%
Labor Relations Specialists 12%
Arts, Design, Entertainment, Sports, and Media Occupations 6%
Media and Communication Workers 5%
Office and Administrative Support Occupations 22%
Secretaries and Administrative Assistants 7%
Secretaries and Administrative Assistants 7%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 5%
Other Office and Administrative Support Workers 5%
Source: Bureau of Labor Statistics


Condominium & Homeowner's Associations & Athletic Associations Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Condominium & Homeowner's Associations & Athletic Associations industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Condominium & Homeowner's Associations & Athletic Associations industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Condominium & Homeowner's Associations & Athletic Associations industry.
Source:
IncFact


Recent Federal Contracts for Condominium & Homeowner's Associations & Athletic Associations

  • Feb 13, 2024: ORGANIZACION INTERNACIONAL DE COMISIONES DE VALORES (Madrid, ) awarded $56,122
  • Feb 13, 2024: MISCELLANEOUS FOREIGN AWARDEES (Washington, DC) awarded $57,001
  • Feb 09, 2024: HELENA INDIAN ALLIANCE (Helena, MT) awarded $61,740
  • Feb 02, 2024: GPC CONSOLIDATED REPORTING (Washington, DC) awarded $6,723
  • Jan 31, 2024: ISIAH R CASTRO (Boulder, CO) awarded $90,580
  • Jan 24, 2024: KNOLOGY, INC. (West Point, GA) awarded $3,649