A Snapshot of Coworking in America

04.30.15
short term office rentalsThe storied picture of working in America typically involves a 9 to 5 schedule, a static office, and some type of commute, but these days things are changing. With the rise of freelance and contract work, entrepreneurship, and advances in technology, fewer and fewer Americans are tied to a cubicle and more are telecommuting. This has led to the growth of coworking in America. Here's a brief look at coworking, by the numbers. How many coworking offices are there? The number of coworking offices in America has seen impressive growth over the last seven years. According to an annual survey conducted by Deskmag, there were only 40 coworking short term office rentals in the U.S. in 2008. By 2012, that number had grown to 300, and now, there are about 800. As an increasing number of workers discover coworking spaces, this number is sure to keep growing in the years to come. Who is using them? Coworking is typically thought of as a place for single freelancers to use an official office space with amenities like printers, wifi, and so on. This is true, but some full time employees are given the option to work remotely, though not all of them use it. In a recent survey, 65% of respondents were given the option to work remotely, but only 27% of them chose to. In addition to single office workers, some companies choose not to keep a regular office at all, but rent a business office space solely for a conference room. What are some of the benefits of coworking? Two of the major benefits of coworking have to do with the quality of work a person is able to produce. According to Deskmag's survey, 71% of people said that they had seen a boost in their creativity since joining a professional office space, and 62% said that their standard of work had improved. Short term office rentals in America have definitely been growing in the last 10 years and should continue to grow as more and more businesses embrace the remote worker and more Americans go into business for themselves. Whether it's for the benefit of having a professional space, or to avoid the isolation of being a remote worker, coworking is a burgeoning part of the American working landscape.
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