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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 Property, Real Estate, and Community Association Managers:
Employment (1) | Employment RSE (3) |
Mean hourly wage |
Mean annual wage (2) |
Wage RSE (3) |
---|---|---|---|---|
234,680 | 2.6 % | $ 33.67 | $ 70,030 | 1.4 % |
Percentile wage estimates for Property, Real Estate, and Community Association Managers:
Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
---|---|---|---|---|---|
Hourly Wage | $ 14.78 | $ 20.39 | $ 28.47 | $ 38.18 | $ 59.94 |
Annual Wage (2) | $ 30,740 | $ 42,420 | $ 59,230 | $ 79,420 | $ 124,680 |
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 | 188,040 | 11.25 | $ 31.58 | $ 65,690 |
Management of Companies and Enterprises | 6,970 | 0.27 | $ 56.48 | $ 117,480 |
Local Government, excluding schools and hospitals (OEWS Designation) | 6,350 | 0.12 | $ 36.56 | $ 76,040 |
Business, Professional, Labor, Political, and Similar Organizations | 5,050 | 1.23 | $ 30.48 | $ 63,400 |
Employment Services | 3,200 | 0.09 | $ 26.18 | $ 54,460 |
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 | 188,040 | 11.25 | $ 31.58 | $ 65,690 |
Land Subdivision | 1,480 | 4.47 | $ 46.94 | $ 97,630 |
Rooming and Boarding Houses | 200 | 2.25 | $ 25.16 | $ 52,330 |
Other Investment Pools and Funds | 270 | 2.14 | $ 39.33 | $ 81,810 |
Business, Professional, Labor, Political, and Similar Organizations | 5,050 | 1.23 | $ 30.48 | $ 63,400 |
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) |
---|---|---|---|---|
Other Information Services | 40 | 0.01 | $ 77.34 | $ 160,870 |
Insurance Carriers | 220 | 0.02 | $ 76.63 | $ 159,390 |
Merchant Wholesalers, Durable Goods (4232, 4233, 4235, 4236, 4237, and 4239 only) | (8) | (8) | $ 73.34 | $ 152,550 |
Semiconductor and Other Electronic Component Manufacturing | (8) | (8) | $ 73.12 | $ 152,080 |
Computer Systems Design and Related Services | 90 | (7) | $ 71.01 | $ 147,700 |
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 | 44,560 | 2.70 | 1.62 | $ 35.34 | $ 73,500 |
Florida | 24,050 | 2.79 | 1.68 | $ 32.01 | $ 66,580 |
Texas | 22,980 | 1.88 | 1.13 | $ 35.14 | $ 73,080 |
Ohio | 9,890 | 1.90 | 1.14 | $ 30.18 | $ 62,780 |
Illinois | 8,600 | 1.53 | 0.92 | $ 32.18 | $ 66,930 |
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) |
---|---|---|---|---|---|
Hawaii | 1,810 | 3.29 | 1.98 | $ 35.12 | $ 73,050 |
District of Columbia | 2,020 | 3.05 | 1.83 | $ 38.16 | $ 79,370 |
Florida | 24,050 | 2.79 | 1.68 | $ 32.01 | $ 66,580 |
California | 44,560 | 2.70 | 1.62 | $ 35.34 | $ 73,500 |
Nevada | 3,040 | 2.36 | 1.42 | $ 26.36 | $ 54,820 |
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 | 6,780 | 0.78 | 0.47 | $ 54.27 | $ 112,880 |
Washington | 2,420 | 0.75 | 0.45 | $ 49.31 | $ 102,570 |
Colorado | 2,090 | 0.80 | 0.48 | $ 47.64 | $ 99,080 |
Virginia | 3,310 | 0.88 | 0.53 | $ 45.67 | $ 94,990 |
Massachusetts | 4,040 | 1.19 | 0.71 | $ 41.54 | $ 86,400 |
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 | 17,680 | 3.09 | 1.86 | $ 37.16 | $ 77,290 |
New York-Newark-Jersey City, NY-NJ-PA | 9,220 | 1.06 | 0.64 | $ 49.81 | $ 103,610 |
Miami-Fort Lauderdale-West Palm Beach, FL | 8,990 | 3.66 | 2.20 | $ 32.95 | $ 68,540 |
Dallas-Fort Worth-Arlington, TX | 7,520 | 2.09 | 1.26 | $ 37.99 | $ 79,030 |
San Francisco-Oakland-Hayward, CA | 7,240 | 3.23 | 1.94 | $ 39.48 | $ 82,120 |
Washington-Arlington-Alexandria, DC-VA-MD-WV | 6,000 | 2.04 | 1.23 | $ 41.01 | $ 85,310 |
Houston-The Woodlands-Sugar Land, TX | 5,850 | 2.02 | 1.21 | $ 37.81 | $ 78,650 |
Atlanta-Sandy Springs-Roswell, GA | 5,400 | 2.09 | 1.25 | $ 30.81 | $ 64,090 |
San Diego-Carlsbad, CA | 5,280 | 3.80 | 2.28 | $ 31.84 | $ 66,240 |
Phoenix-Mesa-Scottsdale, AZ | 4,710 | 2.22 | 1.34 | $ 33.48 | $ 69,630 |
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 | 330 | 4.21 | 2.53 | $ 27.76 | $ 57,740 |
Crestview-Fort Walton Beach-Destin, FL | 450 | 3.90 | 2.34 | $ 29.63 | $ 61,620 |
Lawrence, KS | 180 | 3.89 | 2.33 | $ 20.78 | $ 43,220 |
San Diego-Carlsbad, CA | 5,280 | 3.80 | 2.28 | $ 31.84 | $ 66,240 |
Miami-Fort Lauderdale-West Palm Beach, FL | 8,990 | 3.66 | 2.20 | $ 32.95 | $ 68,540 |
Kahului-Wailuku-Lahaina, HI | 230 | 3.63 | 2.18 | $ 34.86 | $ 72,500 |
Urban Honolulu, HI | 1,300 | 3.29 | 1.98 | $ 35.75 | $ 74,360 |
Santa Maria-Santa Barbara, CA | 630 | 3.25 | 1.95 | $ 28.92 | $ 60,150 |
San Francisco-Oakland-Hayward, CA | 7,240 | 3.23 | 1.94 | $ 39.48 | $ 82,120 |
Bloomington, IN | 210 | 3.13 | 1.88 | $ 32.88 | $ 68,390 |
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) |
---|---|---|---|---|---|
Seattle-Tacoma-Bellevue, WA | 1,670 | 0.87 | 0.52 | $ 52.66 | $ 109,540 |
Denver-Aurora-Lakewood, CO | 1,350 | 0.92 | 0.55 | $ 51.17 | $ 106,420 |
New York-Newark-Jersey City, NY-NJ-PA | 9,220 | 1.06 | 0.64 | $ 49.81 | $ 103,610 |
Rocky Mount, NC | 30 | 0.59 | 0.36 | $ 48.64 | $ 101,160 |
Midland, TX | 230 | 2.44 | 1.47 | $ 46.41 | $ 96,530 |
Utica-Rome, NY | 30 | 0.30 | 0.18 | $ 45.55 | $ 94,750 |
Buffalo-Cheektowaga-Niagara Falls, NY | 220 | 0.43 | 0.26 | $ 43.91 | $ 91,320 |
Greeley, CO | 70 | 0.64 | 0.38 | $ 43.78 | $ 91,060 |
Charlotte-Concord-Gastonia, NC-SC | 1,570 | 1.30 | 0.78 | $ 43.71 | $ 90,920 |
Bellingham, WA | 40 | 0.53 | 0.32 | $ 43.53 | $ 90,530 |
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 | 510 | 1.37 | 0.82 | $ 20.15 | $ 41,900 |
Southwest Montana nonmetropolitan area | 330 | 2.36 | 1.42 | $ 24.67 | $ 51,320 |
North Northeastern Ohio nonmetropolitan area (noncontiguous) | 290 | 0.91 | 0.55 | $ 23.57 | $ 49,020 |
Hawaii / Kauai nonmetropolitan area | 270 | 3.06 | 1.84 | $ 32.43 | $ 67,460 |
Hill Country Region of Texas nonmetropolitan area | 260 | 1.37 | 0.82 | $ 26.30 | $ 54,700 |
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 | 210 | 3.66 | 2.20 | $ 26.13 | $ 54,340 |
Hawaii / Kauai nonmetropolitan area | 270 | 3.06 | 1.84 | $ 32.43 | $ 67,460 |
South Florida nonmetropolitan area | 180 | 2.41 | 1.44 | $ 31.14 | $ 64,770 |
Northwestern Idaho nonmetropolitan area | 170 | 2.38 | 1.43 | $ 18.21 | $ 37,880 |
Maryland nonmetropolitan area | 130 | 2.37 | 1.43 | $ 30.31 | $ 63,040 |
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) |
---|---|---|---|---|---|
Piedmont North Carolina nonmetropolitan area | 130 | 0.54 | 0.33 | $ 50.59 | $ 105,220 |
Southwest New York nonmetropolitan area | 30 | 0.19 | 0.11 | $ 40.56 | $ 84,360 |
Southwest Colorado nonmetropolitan area | 50 | 0.51 | 0.30 | $ 39.67 | $ 82,520 |
Western Washington nonmetropolitan area | 50 | 0.42 | 0.25 | $ 39.67 | $ 82,510 |
Southern Vermont nonmetropolitan area | 160 | 1.69 | 1.01 | $ 38.68 | $ 80,450 |
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 OEWS estimates and related information:
May 2021 National Occupational Employment and Wage Estimates
May 2021 State Occupational Employment and Wage Estimates
May 2021 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2021 National Industry-Specific Occupational Employment and Wage Estimates
Last Modified Date: March 31, 2022