Fees are needed for maintenance, paying staff, and the reserve fund, and without adequate revenue, the association will find itself in financial trouble. Florida has the highest concentration of community associations, with 25.1% of homeowners belonging to an HOA. Policy, Help keep the neighborhoods appearance consistent, Create an enjoyable living environment for homeowners, How much it has in the reserve fund. Each HOA in Ohio has an average of 190 residents. Delaware HOAs have a membership rate just below the national average. Residents say that a portion of that money is supposed to go toward maintaining common area landscaping. Failure to pay fines may result in a lien on ones propeonesHOAs may call for special asessments, ostensibl to pay for significant unplanned repairs. Massachusetts HOAs have a membership below the national average. Based on average residency rates, roughly 313,500 people in New Mexico live in HOA communities. Based on average residency rates, roughly 522,500 people in Kentucky live in HOA communities. Mississippi HOAs have a membership rate among the lowest in the nation. However, Willis says homeowners pay average HOA fees of $350 a year in his region, with rates varying based on the type of HOA. Generated by Wordfence at Sat, 4 Mar 2023 5:28:58 GMT.Your computer's time: document.write(new Date().toUTCString());. Conversely, if a buyer qualifies to go up in purchase price, the buyer may want to look in a higher price range instead of having the HOA fees. 12.7% of Wisconsins population lives in HOA communities. It ultimately depends on the extent and quality of the amenities your community offers. 92 - Springs Ranch HOA. Roughly 853,000 people in Indiana live in HOA communities. Colorado Springs is a sprawling metropolis that requires at least 45 minutes to cross with minimal traffic, so transportation is a priority for Springs residents. HOAs are also common in California, New Hampshire, Washington, Arizona, and Illinois, with each of these states having over 30% of its population living in a community association. He says it's being neglected. You can also send an email to News5Investigates@KOAA.com. An estimated 40,192 homes are part of HOA communities. Based on average residency rates, roughly 209,000 people in D.C. live in HOA communities. HOA Statistics [2023]: Average HOA Fees + Number of HOAs

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