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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2022

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)
261,120 1.3 % $ 36.59 $ 76,110 1.3 %

Percentile wage estimates for Property, Real Estate, and Community Association Managers:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 16.93 $ 21.83 $ 29.17 $ 40.48 $ 62.45
Annual Wage (2) $ 35,210 $ 45,400 $ 60,670 $ 84,200 $ 129,900


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 208,620 11.73 $ 33.26 $ 69,180
Management of Companies and Enterprises 7,680 0.29 $ 61.43 $ 127,770
Local Government, excluding schools and hospitals (OEWS Designation) 6,350 0.12 $ 38.91 $ 80,940
Business, Professional, Labor, Political, and Similar Organizations 6,090 1.45 $ 31.65 $ 65,820
Management, Scientific, and Technical Consulting Services 4,950 0.28 (8) (8)

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 208,620 11.73 $ 33.26 $ 69,180
Land Subdivision 1,670 4.75 $ 54.32 $ 112,980
Business, Professional, Labor, Political, and Similar Organizations 6,090 1.45 $ 31.65 $ 65,820
Other Investment Pools and Funds 250 1.44 $ 41.52 $ 86,360
Rooming and Boarding Houses 140 1.41 $ 26.41 $ 54,930

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)
Computer Systems Design and Related Services 130 0.01 $ 85.12 $ 177,040
Scientific Research and Development Services 200 0.02 $ 84.46 $ 175,680
Oil and Gas Extraction 1,390 1.36 $ 74.05 $ 154,020
Agencies, Brokerages, and Other Insurance Related Activities 130 0.01 $ 72.79 $ 151,400
Semiconductor and Other Electronic Component Manufacturing 90 0.02 $ 72.61 $ 151,040


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.



Map of employment of property, real estate, and community association managers by state, May 2022


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 46,810 2.65 1.50 $ 39.10 $ 81,330
Texas 26,790 2.06 1.17 $ 36.86 $ 76,660
Florida 25,940 2.82 1.60 $ 34.37 $ 71,490
Georgia 8,690 1.88 1.07 $ 31.61 $ 65,760
Ohio 8,670 1.61 0.91 $ 29.36 $ 61,060


Map of location quotient of property, real estate, and community association managers by state, May 2022


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 2,290 3.33 1.88 $ 39.46 $ 82,070
Hawaii 1,960 3.29 1.87 $ 34.68 $ 72,130
Nevada 3,980 2.82 1.60 $ 28.73 $ 59,760
Florida 25,940 2.82 1.60 $ 34.37 $ 71,490
California 46,810 2.65 1.50 $ 39.10 $ 81,330


Map of annual mean wages of property, real estate, and community association managers by state, May 2022


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)
New York (8) (8) (8) $ 53.14 $ 110,520
Colorado 2,520 0.91 0.51 $ 52.31 $ 108,800
Washington 2,750 0.81 0.46 $ 50.82 $ 105,710
Virginia 3,330 0.86 0.49 $ 49.19 $ 102,320
Massachusetts 4,930 1.38 0.78 $ 45.21 $ 94,050



Map of employment of property, real estate, and community association managers by area, May 2022


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 19,320 3.17 1.79 $ 40.53 $ 84,290
New York-Newark-Jersey City, NY-NJ-PA 10,440 1.14 0.64 $ 52.15 $ 108,480
Dallas-Fort Worth-Arlington, TX 8,930 2.35 1.33 $ 36.18 $ 75,250
Miami-Fort Lauderdale-West Palm Beach, FL 8,890 3.39 1.92 $ 34.14 $ 71,000
San Francisco-Oakland-Hayward, CA 8,050 3.37 1.91 $ 39.85 $ 82,880
Washington-Arlington-Alexandria, DC-VA-MD-WV 6,840 2.26 1.28 $ 42.73 $ 88,870
Houston-The Woodlands-Sugar Land, TX 6,170 2.02 1.14 $ 42.78 $ 88,990
Atlanta-Sandy Springs-Roswell, GA 5,940 2.18 1.23 $ 33.61 $ 69,910
San Diego-Carlsbad, CA 4,790 3.22 1.82 $ 35.98 $ 74,850
Phoenix-Mesa-Scottsdale, AZ 4,740 2.14 1.21 $ 34.33 $ 71,400


Map of location quotient of property, real estate, and community association managers by area, May 2022


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)
Naples-Immokalee-Marco Island, FL 910 5.79 3.28 $ 36.01 $ 74,900
Hilton Head Island-Bluffton-Beaufort, SC 380 4.86 2.75 $ 34.51 $ 71,780
Crestview-Fort Walton Beach-Destin, FL 490 4.15 2.35 $ 29.00 $ 60,320
North Port-Sarasota-Bradenton, FL 1,130 3.64 2.06 $ 38.73 $ 80,560
Daphne-Fairhope-Foley, AL 270 3.46 1.96 $ 26.49 $ 55,100
Urban Honolulu, HI 1,450 3.42 1.94 $ 34.58 $ 71,930
Miami-Fort Lauderdale-West Palm Beach, FL 8,890 3.39 1.92 $ 34.14 $ 71,000
San Francisco-Oakland-Hayward, CA 8,050 3.37 1.91 $ 39.85 $ 82,880
Chico, CA 260 3.34 1.89 $ 29.72 $ 61,810
Kahului-Wailuku-Lahaina, HI 240 3.33 1.89 $ 36.45 $ 75,810


Map of annual mean wages of property, real estate, and community association managers by area, May 2022


Top paying metropolitan areas for 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)
Midland, TX 320 3.04 1.72 $ 56.28 $ 117,060
Denver-Aurora-Lakewood, CO 1,560 1.01 0.57 $ 56.23 $ 116,960
Fort Collins, CO 160 0.97 0.55 $ 52.47 $ 109,140
Seattle-Tacoma-Bellevue, WA 1,960 0.96 0.54 $ 52.25 $ 108,670
New York-Newark-Jersey City, NY-NJ-PA 10,440 1.14 0.64 $ 52.15 $ 108,480
Utica-Rome, NY 40 0.37 0.21 $ 49.36 $ 102,660
Wenatchee, WA 60 1.34 0.76 $ 48.88 $ 101,670
Richmond, VA 510 0.81 0.46 $ 48.54 $ 100,960
Rochester, NY 390 0.81 0.46 $ 47.92 $ 99,670
Spokane-Spokane Valley, WA 160 0.62 0.35 $ 47.75 $ 99,310

Nonmetropolitan areas with the highest employment in Property, Real Estate, and Community Association Managers:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Kansas nonmetropolitan area 480 1.26 0.71 $ 23.42 $ 48,720
Northeast Mississippi nonmetropolitan area 420 1.84 1.04 $ 19.18 $ 39,890
Southwest Montana nonmetropolitan area 380 2.60 1.47 $ 23.23 $ 48,320
North Georgia nonmetropolitan area 350 1.96 1.11 $ 28.47 $ 59,210
Hawaii / Kauai nonmetropolitan area 270 2.71 1.54 $ 33.55 $ 69,780

Nonmetropolitan areas with the highest concentration of jobs and location quotients in Property, Real Estate, and Community Association Managers:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Eastern Sierra-Mother Lode Region of California nonmetropolitan area 180 2.90 1.64 $ 29.01 $ 60,350
Hawaii / Kauai nonmetropolitan area 270 2.71 1.54 $ 33.55 $ 69,780
Northeast Coastal North Carolina nonmetropolitan area 250 2.70 1.53 $ 26.26 $ 54,630
Western Wyoming nonmetropolitan area 250 2.65 1.50 $ 31.68 $ 65,890
South Florida nonmetropolitan area 210 2.63 1.49 $ 31.61 $ 65,750

Top paying nonmetropolitan areas for Property, Real Estate, and Community Association Managers:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
West Texas Region of Texas nonmetropolitan area 210 1.06 0.60 $ 49.73 $ 103,440
Northwest Colorado nonmetropolitan area 200 1.62 0.92 $ 47.33 $ 98,440
Eastern Washington nonmetropolitan area 40 0.36 0.20 $ 41.34 $ 85,990
Eastern and Southern Colorado nonmetropolitan area 30 0.48 0.27 $ 40.22 $ 83,660
Southern Vermont nonmetropolitan area 110 1.06 0.60 $ 38.32 $ 79,700


About May 2022 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OEWS estimates and related information:

May 2022 National Occupational Employment and Wage Estimates

May 2022 State Occupational Employment and Wage Estimates

May 2022 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2022 National Industry-Specific Occupational Employment and Wage Estimates

May 2022 Occupation Profiles

Technical Notes

 

Last Modified Date: April 25, 2023