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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).
Employment estimate and mean wage estimates for this occupation:
| Employment (1) | Employment RSE (3) |
Mean hourly wage |
Mean annual wage (2) |
Wage RSE (3) |
|---|---|---|---|---|
| 180,290 | 1.1 % | $33.79 | $70,290 | 0.8 % |
Percentile wage estimates for this occupation:
| Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
|---|---|---|---|---|---|
| Hourly Wage | $13.59 | $19.19 | $27.42 | $39.96 | $60.76 |
| Annual Wage (2) | $28,260 | $39,910 | $57,040 | $83,110 | $126,390 |
Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.
Industries with the highest levels of employment in this occupation:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Activities Related to Real Estate | 77,030 | 11.73 | $31.99 | $66,530 |
| Lessors of Real Estate | 49,810 | 8.56 | $30.84 | $64,150 |
| Offices of Real Estate Agents and Brokers | 12,780 | 4.25 | $35.67 | $74,190 |
| Business, Professional, Labor, Political, and Similar Organizations | 7,080 | 1.65 | $29.07 | $60,460 |
| Local Government (OES Designation) | 6,900 | 0.13 | $35.87 | $74,610 |
Industries with the highest concentration of employment in this occupation:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Activities Related to Real Estate | 77,030 | 11.73 | $31.99 | $66,530 |
| Lessors of Real Estate | 49,810 | 8.56 | $30.84 | $64,150 |
| Land Subdivision | 2,600 | 6.44 | $41.43 | $86,180 |
| Offices of Real Estate Agents and Brokers | 12,780 | 4.25 | $35.67 | $74,190 |
| Business, Professional, Labor, Political, and Similar Organizations | 7,080 | 1.65 | $29.07 | $60,460 |
Top paying industries for this occupation:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Oil and Gas Extraction | 1,320 | 0.73 | $68.21 | $141,880 |
| Wired Telecommunications Carriers | 60 | 0.01 | $60.40 | $125,630 |
| Nondepository Credit Intermediation | 410 | 0.07 | $60.24 | $125,290 |
| Depository Credit Intermediation | 460 | 0.03 | $59.30 | $123,340 |
| Computer Systems Design and Related Services | 110 | 0.01 | $56.00 | $116,470 |
States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.
States with the highest employment level in this occupation:
| State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| California | 28,730 | 1.80 | 1.40 | $36.40 | $75,720 |
| Florida | 20,850 | 2.54 | 1.98 | $28.18 | $58,620 |
| Texas | 11,420 | 0.97 | 0.76 | $41.87 | $87,080 |
| Illinois | 8,530 | 1.44 | 1.12 | $31.04 | $64,560 |
| New York | 7,500 | 0.82 | 0.64 | $55.66 | $115,770 |
States with the highest concentration of jobs and location quotients in this occupation:
| State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Hawaii | 2,550 | 4.03 | 3.14 | $29.55 | $61,460 |
| Nevada | 3,350 | 2.64 | 2.05 | $27.55 | $57,310 |
| Florida | 20,850 | 2.54 | 1.98 | $28.18 | $58,620 |
| Idaho | 1,670 | 2.52 | 1.96 | $17.07 | $35,500 |
| District of Columbia | 1,690 | 2.41 | 1.88 | $37.53 | $78,060 |
Top paying States for this occupation:
| State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| New York | 7,500 | 0.82 | 0.64 | $55.66 | $115,770 |
| Rhode Island | 650 | 1.37 | 1.07 | $44.93 | $93,460 |
| Colorado | 2,030 | 0.81 | 0.63 | $42.81 | $89,040 |
| Massachusetts | 4,750 | 1.37 | 1.07 | $42.81 | $89,030 |
| Virginia | 2,590 | 0.69 | 0.54 | $42.02 | $87,410 |
Metropolitan areas with the highest employment level in this occupation:
| Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Glendale, CA Metropolitan Division | 8,350 | 1.98 | 1.54 | $30.58 | $63,610 |
| New York-Jersey City-White Plains, NY-NJ Metropolitan Division | 7,610 | 1.16 | 0.90 | $52.50 | $109,190 |
| Chicago-Naperville-Arlington Heights, IL Metropolitan Division | 6,570 | 1.81 | 1.41 | $32.67 | $67,960 |
| Atlanta-Sandy Springs-Roswell, GA | 3,780 | 1.48 | 1.15 | $43.01 | $89,470 |
| Miami-Miami Beach-Kendall, FL Metropolitan Division | 3,690 | 3.28 | 2.55 | $26.51 | $55,140 |
| Anaheim-Santa Ana-Irvine, CA Metropolitan Division | 3,670 | 2.35 | 1.83 | $36.16 | $75,220 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division | 3,590 | 1.44 | 1.12 | $39.91 | $83,010 |
| Phoenix-Mesa-Scottsdale, AZ | 3,500 | 1.81 | 1.41 | $31.62 | $65,770 |
| Houston-The Woodlands-Sugar Land, TX | 3,210 | 1.09 | 0.85 | $46.83 | $97,410 |
| Boston-Cambridge-Newton, MA NECTA Division | 3,070 | 1.70 | 1.33 | $47.86 | $99,550 |
Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:
| Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Kahului-Wailuku-Lahaina, HI | 370 | 5.13 | 4.00 | $29.96 | $62,310 |
| Urban Honolulu, HI | 1,810 | 3.92 | 3.05 | $28.88 | $60,070 |
| West Palm Beach-Boca Raton-Delray Beach, FL Metropolitan Division | 2,220 | 3.77 | 2.94 | $39.62 | $82,420 |
| Hilton Head Island-Bluffton-Beaufort, SC | 260 | 3.58 | 2.79 | $40.37 | $83,980 |
| Naples-Immokalee-Marco Island, FL | 490 | 3.52 | 2.74 | $32.73 | $68,080 |
| Crestview-Fort Walton Beach-Destin, FL | 370 | 3.50 | 2.72 | $21.93 | $45,620 |
| Deltona-Daytona Beach-Ormond Beach, FL | 650 | 3.42 | 2.66 | $24.63 | $51,230 |
| Sebastian-Vero Beach, FL | 160 | 3.32 | 2.59 | $23.97 | $49,850 |
| Miami-Miami Beach-Kendall, FL Metropolitan Division | 3,690 | 3.28 | 2.55 | $26.51 | $55,140 |
| Boise City, ID | 930 | 3.12 | 2.43 | $16.72 | $34,780 |
Top paying metropolitan areas for this occupation:
| Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| San Francisco-Redwood City-South San Francisco, CA Metropolitan Division | 2,590 | 2.43 | 1.89 | $61.85 | $128,640 |
| Midland, TX | 90 | 1.07 | 0.83 | $60.53 | $125,890 |
| Nassau County-Suffolk County, NY Metropolitan Division | 610 | 0.48 | 0.37 | $56.43 | $117,370 |
| New York-Jersey City-White Plains, NY-NJ Metropolitan Division | 7,610 | 1.16 | 0.90 | $52.50 | $109,190 |
| Bakersfield, CA | 180 | 0.61 | 0.48 | $51.91 | $107,960 |
| Macon, GA | 60 | 0.57 | 0.44 | $51.24 | $106,580 |
| Philadelphia, PA Metropolitan Division | 980 | 1.10 | 0.86 | $50.42 | $104,870 |
| Asheville, NC | 120 | 0.62 | 0.48 | $49.35 | $102,650 |
| Dallas-Plano-Irving, TX Metropolitan Division | 2,970 | 1.22 | 0.95 | $49.31 | $102,560 |
| Oakland-Hayward-Berkeley, CA Metropolitan Division | 1,850 | 1.71 | 1.33 | $48.26 | $100,380 |
Nonmetropolitan areas with the highest employment in this occupation:
| Nonmetropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Hawaii / Kauai nonmetropolitan area | 360 | 3.71 | 2.89 | $32.48 | $67,550 |
| Northeast Mississippi nonmetropolitan area | 310 | 1.34 | 1.05 | $16.10 | $33,490 |
| Northern Indiana nonmetropolitan area | 260 | 1.21 | 0.95 | $18.24 | $37,930 |
| East South Dakota nonmetropolitan area | 260 | 1.98 | 1.54 | $16.21 | $33,730 |
| Northeast Louisiana nonmetropolitan area | 220 | 3.31 | 2.58 | $15.72 | $32,690 |
Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:
| Nonmetropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Southwest Idaho nonmetropolitan area | 100 | 5.19 | 4.04 | $18.41 | $38,280 |
| Hawaii / Kauai nonmetropolitan area | 360 | 3.71 | 2.89 | $32.48 | $67,550 |
| Northeast Louisiana nonmetropolitan area | 220 | 3.31 | 2.58 | $15.72 | $32,690 |
| Eastern Sierra Region of California nonmetropolitan area | 40 | 3.25 | 2.53 | $29.28 | $60,910 |
| South Florida nonmetropolitan area | 190 | 2.50 | 1.94 | $32.10 | $66,760 |
Top paying nonmetropolitan areas for this occupation:
| Nonmetropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Balance of Alaska nonmetropolitan area | 40 | 0.55 | 0.43 | $42.80 | $89,020 |
| Piedmont North Carolina nonmetropolitan area | 40 | 0.17 | 0.13 | $41.58 | $86,480 |
| Northern West Virginia nonmetropolitan area | 110 | 0.79 | 0.61 | $40.77 | $84,790 |
| Southside Virginia nonmetropolitan area | (8) | (8) | (8) | $40.14 | $83,480 |
| South Georgia nonmetropolitan area | 60 | 0.31 | 0.24 | $39.43 | $82,020 |
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 OES estimates and related information:
May 2016 National Occupational Employment and Wage Estimates
May 2016 State Occupational Employment and Wage Estimates
May 2016 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2016 National Industry-Specific Occupational Employment and Wage Estimates
Last Modified Date: March 31, 2017