An official website of the United States government
United States Department of Labor
United States Department of Labor
The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information,
make sure you're on a federal government site.
The site is secure.
The
https:// ensures that you are connecting to the official website and that any
information you provide is encrypted and transmitted securely.
Occupational Employment and Wage Statistics
SHARE ON:
Occupational Employment and Wages, May 2023
11-9141 Property, Real Estate, and Community Association Managers
Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).
National estimates for Property, Real Estate, and Community Association Managers
Industry profile for Property, Real Estate, and Community Association Managers
Geographic profile for Property, Real Estate, and Community Association Managers
National estimates for Property, Real Estate, and Community Association Managers:
Employment estimate and mean wage estimates for Property, Real Estate, and Community Association Managers:
| Employment (1) | Employment RSE (3) |
Mean hourly wage |
Mean annual wage (2) |
Wage RSE (3) |
|---|---|---|---|---|
| 284,120 | 1.1 % | $ 37.69 | $ 78,400 | 1.2 % |
Percentile wage estimates for Property, Real Estate, and Community Association Managers:
| Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
|---|---|---|---|---|---|
| Hourly Wage | $ 18.05 | $ 23.05 | $ 30.22 | $ 44.50 | $ 65.38 |
| Annual Wage (2) | $ 37,540 | $ 47,940 | $ 62,850 | $ 92,560 | $ 135,990 |
Industry profile for Property, Real Estate, and Community Association Managers:
Industries with the highest published employment and wages for Property, Real Estate, and Community Association Managers are provided. For a list of all industries with employment in Property, Real Estate, and Community Association Managers, see the Create Customized Tables function.
Industries with the highest levels of employment in Property, Real Estate, and Community Association Managers:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Real Estate | 229,840 | 12.69 | $ 35.28 | $ 73,380 |
| Management of Companies and Enterprises | 8,850 | 0.32 | $ 57.36 | $ 119,300 |
| Local Government, excluding Schools and Hospitals (OEWS Designation) | 5,980 | 0.11 | $ 39.09 | $ 81,310 |
| Business, Professional, Labor, Political, and Similar Organizations | 5,360 | 1.25 | $ 32.98 | $ 68,590 |
| Residential Building Construction | 3,160 | 0.34 | $ 53.09 | $ 110,430 |
Industries with the highest concentration of employment in Property, Real Estate, and Community Association Managers:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Real Estate | 229,840 | 12.69 | $ 35.28 | $ 73,380 |
| Land Subdivision | 1,450 | 4.21 | $ 55.34 | $ 115,100 |
| Other Investment Pools and Funds | 370 | 2.00 | $ 41.21 | $ 85,710 |
| Business, Professional, Labor, Political, and Similar Organizations | 5,360 | 1.25 | $ 32.98 | $ 68,590 |
| Rooming and Boarding Houses, Dormitories, and Workers' Camps | 120 | 1.16 | $ 26.32 | $ 54,740 |
Top paying industries for Property, Real Estate, and Community Association Managers:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Agencies, Brokerages, and Other Insurance Related Activities | 100 | 0.01 | $ 86.46 | $ 179,830 |
| Oil and Gas Extraction | 1,080 | 0.99 | $ 85.19 | $ 177,200 |
| Computer Systems Design and Related Services | 160 | 0.01 | $ 83.71 | $ 174,110 |
| Electric Power Generation, Transmission and Distribution | 170 | 0.04 | $ 81.32 | $ 169,150 |
| Support Activities for Mining | 420 | 0.15 | $ 78.95 | $ 164,210 |
Geographic profile for Property, Real Estate, and Community Association Managers:
States and areas with the highest published employment, location quotients, and wages for Property, Real Estate, and Community Association Managers are provided. For a list of all areas with employment in Property, Real Estate, and Community Association Managers, see the Create Customized Tables function.
States with the highest employment level in Property, Real Estate, and Community Association Managers:
| State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| California | 50,100 | 2.79 | 1.49 | $ 40.86 | $ 84,990 |
| Texas | 31,810 | 2.35 | 1.25 | $ 36.66 | $ 76,240 |
| Illinois | 12,550 | 2.09 | 1.12 | $ 39.09 | $ 81,310 |
| New York | 10,480 | 1.12 | 0.60 | $ 55.79 | $ 116,050 |
| Ohio | 9,500 | 1.74 | 0.93 | $ 29.55 | $ 61,470 |
States with the highest concentration of jobs and location quotients in Property, Real Estate, and Community Association Managers:
| State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| District of Columbia | 2,250 | 3.21 | 1.71 | $ 47.08 | $ 97,920 |
| Hawaii | 1,830 | 2.96 | 1.58 | $ 33.84 | $ 70,380 |
| California | 50,100 | 2.79 | 1.49 | $ 40.86 | $ 84,990 |
| Nevada | 4,100 | 2.77 | 1.48 | $ 32.72 | $ 68,060 |
| Montana | 1,360 | 2.71 | 1.45 | $ 24.77 | $ 51,520 |
Top paying states for Property, Real Estate, and Community Association Managers:
| State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Washington | 2,720 | 0.78 | 0.42 | $ 56.90 | $ 118,360 |
| New York | 10,480 | 1.12 | 0.60 | $ 55.79 | $ 116,050 |
| Colorado | 2,290 | 0.81 | 0.43 | $ 55.04 | $ 114,490 |
| District of Columbia | 2,250 | 3.21 | 1.71 | $ 47.08 | $ 97,920 |
| Massachusetts | 5,410 | 1.49 | 0.79 | $ 46.23 | $ 96,160 |
Metropolitan areas with the highest employment level in Property, Real Estate, and Community Association Managers:
| Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA | 21,960 | 3.55 | 1.90 | $ 39.47 | $ 82,090 |
| New York-Newark-Jersey City, NY-NJ-PA | 11,850 | 1.25 | 0.67 | $ 54.23 | $ 112,800 |
| Chicago-Naperville-Elgin, IL-IN-WI | 10,610 | 2.35 | 1.26 | $ 40.51 | $ 84,250 |
| Dallas-Fort Worth-Arlington, TX | 10,420 | 2.63 | 1.40 | $ 36.00 | $ 74,870 |
| Houston-The Woodlands-Sugar Land, TX | 8,570 | 2.70 | 1.44 | $ 40.84 | $ 84,940 |
| San Francisco-Oakland-Hayward, CA | 7,350 | 3.04 | 1.62 | $ 47.59 | $ 99,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 6,400 | 2.07 | 1.11 | $ 47.14 | $ 98,050 |
| Atlanta-Sandy Springs-Roswell, GA | 5,060 | 1.80 | 0.96 | $ 37.94 | $ 78,910 |
| Phoenix-Mesa-Scottsdale, AZ | 5,040 | 2.20 | 1.18 | $ 36.27 | $ 75,430 |
| Boston-Cambridge-Nashua, MA-NH | 4,430 | 1.61 | 0.86 | $ 48.11 | $ 100,060 |
Metropolitan areas with the highest concentration of jobs and location quotients in Property, Real Estate, and Community Association Managers:
| Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Panama City, FL | 490 | 5.83 | 3.11 | $ 31.45 | $ 65,410 |
| Crestview-Fort Walton Beach-Destin, FL | 640 | 5.26 | 2.81 | $ 30.73 | $ 63,910 |
| Hilton Head Island-Bluffton-Beaufort, SC | 380 | 4.73 | 2.53 | $ 35.76 | $ 74,380 |
| North Port-Sarasota-Bradenton, FL | 1,270 | 3.93 | 2.10 | $ 35.73 | $ 74,310 |
| Sebastian-Vero Beach, FL | 210 | 3.74 | 2.00 | $ 29.43 | $ 61,210 |
| Manhattan, KS | 150 | 3.64 | 1.95 | $ 22.40 | $ 46,590 |
| Sacramento--Roseville--Arden-Arcade, CA | 3,810 | 3.64 | 1.95 | $ 38.51 | $ 80,090 |
| Los Angeles-Long Beach-Anaheim, CA | 21,960 | 3.55 | 1.90 | $ 39.47 | $ 82,090 |
| Chico, CA | 280 | 3.53 | 1.89 | $ 29.06 | $ 60,440 |
| Reno, NV | 880 | 3.47 | 1.85 | $ 31.66 | $ 65,840 |