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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) |
|---|---|---|---|---|
| 186,720 | 1.2 % | $34.79 | $72,370 | 0.8 % |
Percentile wage estimates for this occupation:
| Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
|---|---|---|---|---|---|
| Hourly Wage | $14.18 | $19.89 | $28.21 | $41.30 | $61.84 |
| Annual Wage (2) | $29,500 | $41,370 | $58,670 | $85,900 | $128,630 |
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) |
|---|---|---|---|---|
| Real Estate | 145,640 | 9.25 | $32.87 | $68,370 |
| Local Government, excluding schools and hospitals (OES Designation) | 6,940 | 0.13 | $36.81 | $76,570 |
| Business, Professional, Labor, Political, and Similar Organizations | 6,500 | 1.49 | $28.23 | $58,710 |
| Management of Companies and Enterprises | 5,700 | 0.25 | $53.10 | $110,450 |
| Land Subdivision | 2,270 | 5.72 | $43.83 | $91,170 |
Industries with the highest concentration of employment in this occupation:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Real Estate | 145,640 | 9.25 | $32.87 | $68,370 |
| Land Subdivision | 2,270 | 5.72 | $43.83 | $91,170 |
| Business, Professional, Labor, Political, and Similar Organizations | 6,500 | 1.49 | $28.23 | $58,710 |
| Oil and Gas Extraction | 1,200 | 0.88 | $68.59 | $142,670 |
| Community Food and Housing, and Emergency and Other Relief Services | 1,090 | 0.65 | $34.59 | $71,940 |
Top paying industries for this occupation:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Oil and Gas Extraction | 1,200 | 0.88 | $68.59 | $142,670 |
| Merchant Wholesalers, Durable Goods (4232, 4233, 4235, 4236, 4237, and 4239 only) | 30 | (7) | $67.48 | $140,370 |
| Nondepository Credit Intermediation | 610 | 0.10 | $62.92 | $130,880 |
| Telecommunications | 100 | 0.01 | $59.30 | $123,350 |
| Petroleum and Coal Products Manufacturing | 60 | 0.06 | $58.76 | $122,210 |
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 | 29,050 | 1.74 | 1.33 | $39.40 | $81,960 |
| Florida | 21,340 | 2.54 | 1.94 | $30.08 | $62,570 |
| Texas | 11,270 | 0.95 | 0.72 | $41.80 | $86,950 |
| Illinois | 8,830 | 1.49 | 1.14 | $31.72 | $65,980 |
| New York | 7,310 | 0.79 | 0.61 | $55.84 | $116,140 |
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 | 2,630 | 4.15 | 3.17 | $31.42 | $65,360 |
| Idaho | 1,850 | 2.70 | 2.06 | $18.04 | $37,530 |
| Florida | 21,340 | 2.54 | 1.94 | $30.08 | $62,570 |
| Nevada | 3,140 | 2.39 | 1.83 | $28.67 | $59,630 |
| District of Columbia | 1,640 | 2.31 | 1.77 | $39.54 | $82,240 |
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 | 7,310 | 0.79 | 0.61 | $55.84 | $116,140 |
| Rhode Island | 780 | 1.64 | 1.25 | $48.44 | $100,760 |
| Georgia | 4,420 | 1.03 | 0.78 | $46.29 | $96,280 |
| Virginia | 2,280 | 0.60 | 0.46 | $45.54 | $94,720 |
| Massachusetts | 5,090 | 1.44 | 1.10 | $43.14 | $89,740 |
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 | 8,430 | 1.90 | 1.45 | $34.09 | $70,920 |
| New York-Jersey City-White Plains, NY-NJ Metropolitan Division | 7,610 | 1.14 | 0.87 | $51.79 | $107,720 |
| Chicago-Naperville-Arlington Heights, IL Metropolitan Division | 6,710 | 1.83 | 1.40 | $33.21 | $69,070 |
| Phoenix-Mesa-Scottsdale, AZ | 3,960 | 2.00 | 1.53 | $29.62 | $61,620 |
| Anaheim-Santa Ana-Irvine, CA Metropolitan Division | 3,770 | 2.33 | 1.78 | $41.09 | $85,470 |
| Atlanta-Sandy Springs-Roswell, GA | 3,720 | 1.42 | 1.08 | $48.38 | $100,630 |
| Miami-Miami Beach-Kendall, FL Metropolitan Division | 3,510 | 3.08 | 2.35 | $26.55 | $55,230 |
| Boston-Cambridge-Newton, MA NECTA Division | 3,390 | 1.84 | 1.40 | $47.06 | $97,890 |
| Tampa-St. Petersburg-Clearwater, FL | 3,320 | 2.59 | 1.98 | $26.29 | $54,680 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division | 3,310 | 1.31 | 1.00 | $43.22 | $89,910 |
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) |
|---|---|---|---|---|---|
| Urban Honolulu, HI | 1,990 | 4.32 | 3.30 | $31.58 | $65,690 |
| Kahului-Wailuku-Lahaina, HI | 300 | 4.11 | 3.13 | $32.26 | $67,090 |
| West Palm Beach-Boca Raton-Delray Beach, FL Metropolitan Division | 2,440 | 4.05 | 3.09 | $40.96 | $85,190 |
| Crestview-Fort Walton Beach-Destin, FL | 400 | 3.74 | 2.85 | $25.51 | $53,050 |
| Boise City, ID | 1,130 | 3.68 | 2.81 | $17.31 | $36,010 |
| Panama City, FL | 290 | 3.56 | 2.72 | $23.34 | $48,540 |
| Miami-Miami Beach-Kendall, FL Metropolitan Division | 3,510 | 3.08 | 2.35 | $26.55 | $55,230 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL Metropolitan Division | 2,490 | 3.04 | 2.32 | $30.67 | $63,780 |
| Tucson, AZ | 1,080 | 2.95 | 2.25 | $20.30 | $42,230 |
| Silver Spring-Frederick-Rockville, MD Metropolitan Division | 1,670 | 2.86 | 2.18 | $40.45 | $84,140 |
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) |
|---|---|---|---|---|---|
| Midland, TX | 70 | 0.83 | 0.64 | $63.78 | $132,660 |
| Nassau County-Suffolk County, NY Metropolitan Division | 620 | 0.47 | 0.36 | $60.13 | $125,070 |
| San Rafael, CA Metropolitan Division | 230 | 2.02 | 1.54 | $57.78 | $120,190 |
| Macon, GA | 40 | 0.39 | 0.30 | $56.96 | $118,470 |
| San Francisco-Redwood City-South San Francisco, CA Metropolitan Division | 2,350 | 2.10 | 1.60 | $53.77 | $111,840 |
| Fort Worth-Arlington, TX Metropolitan Division | 800 | 0.81 | 0.62 | $52.75 | $109,710 |
| New York-Jersey City-White Plains, NY-NJ Metropolitan Division | 7,610 | 1.14 | 0.87 | $51.79 | $107,720 |
| Bakersfield, CA | 200 | 0.65 | 0.50 | $51.43 | $106,980 |
| Syracuse, NY | 70 | 0.23 | 0.18 | $49.79 | $103,560 |
| Dallas-Plano-Irving, TX Metropolitan Division | 2,900 | 1.17 | 0.89 | $49.69 | $103,350 |
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 | 330 | 3.38 | 2.58 | $29.69 | $61,750 |
| Southwest Montana nonmetropolitan area | 310 | 2.28 | 1.74 | $21.82 | $45,390 |
| Northern Indiana nonmetropolitan area | 260 | 1.22 | 0.93 | $22.59 | $46,990 |
| Northeast Mississippi nonmetropolitan area | 260 | 1.13 | 0.86 | $16.39 | $34,080 |
| South Florida nonmetropolitan area | 260 | 3.33 | 2.54 | $26.78 | $55,700 |
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 | 110 | 5.23 | 3.99 | $17.40 | $36,200 |
| Wasatch Back nonmetropolitan area | 120 | 3.40 | 2.60 | (8) | (8) |
| Hawaii / Kauai nonmetropolitan area | 330 | 3.38 | 2.58 | $29.69 | $61,750 |
| South Florida nonmetropolitan area | 260 | 3.33 | 2.54 | $26.78 | $55,700 |
| Northeast Louisiana nonmetropolitan area | 170 | 2.52 | 1.93 | $13.23 | $27,520 |
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 | 0.61 | 0.47 | $45.43 | $94,500 |
| Northern West Virginia nonmetropolitan area | 120 | 0.81 | 0.62 | $40.38 | $83,990 |
| East Central Illinois nonmetropolitan area | 140 | 1.21 | 0.93 | $40.16 | $83,540 |
| West Central New Hampshire nonmetropolitan area | 70 | 1.07 | 0.82 | $37.87 | $78,770 |
| Southwest Oklahoma nonmetropolitan area | 30 | 0.56 | 0.42 | $36.65 | $76,240 |
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.
(7) The value is less than .005 percent of industry employment.
(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 2017 National Occupational Employment and Wage Estimates
May 2017 State Occupational Employment and Wage Estimates
May 2017 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2017 National Industry-Specific Occupational Employment and Wage Estimates
Last Modified Date: March 30, 2018