Property, real estate, & community association managers

Detailed Occupation

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2023 Workforce

551k

Average Age

46.9

Estimated Job Growth

3.23%

10-year projection

Average Salary

$83,215

Average Male Salary

$103,246

Average Female Salary

$66,532

About

Property, real estate, & community association managers are most often employed by the Lessors of real estate, and offices of real estate agents and brokers industry. The average yearly wage for Property, real estate, & community association managers was $83,215 in 2023.

The locations that employ the most Property, real estate, & community association managers are Los Angeles County (Central)--LA City (East Central & Hollywood) PUMA, CA, Mid Mountain PUMA, CO, and Downtown Denver PUMA, CO. The locations with a relatively high concentration of Property, real estate, & community association managers are Miami-Dade County (Northeast)--Miami Beach City, Surfside & Bay Harbor Islands Towns PUMA, FL, NYC-Bronx Community Districts 3 & 6--Morrisania, Tremont, Belmont, & West Farms PUMA, NY, and Mid Mountain PUMA, CO.

Management occupations Management, business, & financial occupations Management, business, science, & arts occupations

Employment

Employment and salary information for the Property, real estate, & community association managers workforce. Property, real estate, & community association managers workforce in 2023 was 550,701 people, of which 54.6% were women and 45.4% were men. Property, real estate, & community association managers are paid most in Nassau County (West Central)--North Hempstead Town (South) PUMA, NY but are relatively concentrated in Miami-Dade County (Northeast)--Miami Beach City, Surfside & Bay Harbor Islands Towns PUMA, FL.

Employment Over Time

Metric

Grouping

250,243

Male Workforce

± 12.3k

300,458

Female Workforce

± 13.4k

The Property, real estate, & community association managers workforce in 2023 was 550,701 people (54.6% women and 45.4% men). This implies an average annual growth of 16.7% between 2014 (472,074) and 2023 (550,701).

Employment by Location

Level

Metric

This map shows the states in the United States shaded by average wage for Property, real estate, & community association managers.

During 2023, the states that concentrated the best average annual wage were North Dakota ($138,234), Massachusetts ($118,406), and Connecticut ($117,171).

Yearly Wage Ranking

$83,215

AVERAGE WAGE

#137 in the ranking (2023)

$67,727

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2023, Property, real estate, & community association managers earned an average of $83,215, $15,488 more than the average national salary of $67,727

The graph shows the ranking of Property, real estate, & community association managers in relation to all Detailed Occupation in 2023.

Wage Distribution

Gender

0.441

WAGE GINI

In 2023, Property, real estate, & community association managers had a wage GINI coefficient of 0.441, which is lower than the national average of 0.476. In other words, wages are distributed more evenly for Property, real estate, & community association managers (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Property, real estate, & community association managers compared to the entire workforce in the country.

Industry

Information on the industries that employ Property, real estate, & community association managers and on wages for those in the field. Lessors of real estate, and offices of real estate agents and brokers is the industry that employs the most Property, real estate, & community association managers, both by share and by number, though the highest paid industry for Property, real estate, & community association managers, by average wage, is Electronic component & product manufacturing, n.e.c. ($270,728).

Occupations by Industries

Metric

Value

551k

2023 Workforce

± 18,187

−0.605%

1 YEAR GROWTH

± 4.69%

This graphic shows the share of Property, real estate, & community association managers employed by various industries. Lessors of real estate, and offices of real estate agents and brokers employs the largest share of Property, real estate, & community association managers at 56.9%, followed by Real estate property managers, offices of real estate appraisers, and other activities related to real estate with 40.3% and uninformed with 1.53%.

Diversity

Demographic information on Property, real estate, & community association managers in the US. The workforce of Property, real estate, & community association managers in 2023 was 550,701 people, with 54.6% woman, and 45.4% men. The average age of male Property, real estate, & community association managers in the workforce is 48.3 and of female Property, real estate, & community association managers is 45.7, and the most common race/ethnicity for Property, real estate, & community association managers is White.

Gender and Age

Metric

The workforce of Property, real estate, & community association managers in 2023 was 550,701 people, with 54.6% woman, and 45.4% men.

The age ranges that concentrated the largest workforce were 55 to 59 years (65,162 people), 50 to 54 years (62,686 people), and 40 to 44 years (62,450 people). Among them they concentrated 34.6% of the total workforce.

Ethnicity

Gender

In 2023, 16.7% of Property, real estate, & community association managers workers were Hispanic and 83.3% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (49.3%), Puerto Rican (16.1)%, and Cuban (5.23)%

You can review this information by gender using the selectors above.

Races

In 2023, 71% of the Property, real estate, & community association managers workforce were White, of which 52.5% were women and 47.5% men. Other races that concentrated a significant number of workers were Black (9.59%) and Two or More Races (9.42%).

Education & Skills

Data on higher education choices for Property, real estate, & community association managers from The Department of Education and Census Bureau. The most common major for Property, real estate, & community association managers is Business but the most specialized major according to RCA in 2023 were Construction.

Among the necessary skills for Property, real estate, & community association managers, Speaking stands, but the revealed comparative advantage (RCA) shows that Property, real estate, & community association managers need more than the average amount of Management of Financial Resources.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

Type of Majors

Degree

The most common majors achieved by Property, real estate, & community association managers in 2023 (counting all academic degrees) were Business (83,063 people), Social Sciences (22,587 people), and Communications (14,050 people).

You can review this information for different academic grades by modifying the option selected in the selector above.

Education Levels

Metric

The main educational levels achieved by the Property, real estate, & community association managers workers were Bachelors Degree (170,476 people), Some college (138,594 people), and High School or Equivalent (105,528 people).

The graphic shows the Property, real estate, & community association managers workforce by gender and educational level.

Skills

Chart

Value

Data on the critical and distinctive skills necessary for Property, real estate, & community association managers from the Bureau of Labor Statistics. Property, real estate, & community association managers need many skills, but most especially Speaking, Reading Comprehension, Active Listening.

Projections

Projections on job growth for Property, Real Estate, and Community Association Managers from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 4.02%, but Property, Real Estate, and Community Association Managers are expected to see a growth of 3.23% over the same period. This occupation is expected to grow less than the national average.

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Property, Real Estate, and Community Association Managers.

3.23%

Estimated Job Growth

10-year Projection

4.02%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Property, real estate, & community association managers. This profession is expected to grow less than than 4.02%, the average rate of national job growth.