Occupational Employment and Wage Statistics
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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:
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 |
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 |
240 |
2.11 |
1.13 |
$ 68.25 |
$ 141,960 |
| Bremerton-Silverdale, WA |
40 |
0.44 |
0.24 |
$ 62.32 |
$ 129,620 |
| Greeley, CO |
60 |
0.54 |
0.29 |
$ 61.79 |
$ 128,510 |
| Seattle-Tacoma-Bellevue, WA |
1,940 |
0.93 |
0.50 |
$ 59.18 |
$ 123,090 |
| Denver-Aurora-Lakewood, CO |
1,400 |
0.88 |
0.47 |
$ 58.97 |
$ 122,650 |
| New York-Newark-Jersey City, NY-NJ-PA |
11,850 |
1.25 |
0.67 |
$ 54.23 |
$ 112,800 |
| Olympia-Tumwater, WA |
70 |
0.57 |
0.31 |
$ 53.94 |
$ 112,180 |
| Kennewick-Richland, WA |
40 |
0.32 |
0.17 |
$ 52.46 |
$ 109,120 |
| Spokane-Spokane Valley, WA |
150 |
0.59 |
0.32 |
$ 51.61 |
$ 107,350 |
| Bellingham, WA |
40 |
0.48 |
0.26 |
$ 51.25 |
$ 106,590 |
Nonmetropolitan areas with the highest employment in Property, Real Estate, and Community Association Managers:
Nonmetropolitan areas with the highest concentration of jobs and location quotients in Property, Real Estate, and Community Association Managers:
Top paying nonmetropolitan areas for Property, Real Estate, and Community Association Managers:
About May 2023 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.
(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 2023 National Occupational Employment and Wage Estimates
May 2023 State Occupational Employment and Wage Estimates
May 2023 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2023 National Industry-Specific Occupational Employment and Wage Estimates
May 2023 Occupation Profiles
Technical Notes
Last Modified Date: April 3, 2024
United States Department of Labor
