Lessors of real estate, and offices of real estate agents and brokers

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Workforce

1.66M

2018 BLS Estimate

Average Employee Age

46.4

Estimated Job Growth

0.6%

10-Year Projection

Average Salary

$67,296

Average Male Salary

$82,411

Average Female Salary

$52,229

About

The top three occupations in the Lessors of real estate, and offices of real estate agents and brokers Industry Group are Real estate brokers & sales agents, Property, real estate, & community association managers, Janitors & building cleaners, Secretaries and administrative assistants, except legal, medical, and executive, and Accountants & auditors. On average, full-time employees in the Lessors of real estate, and offices of real estate agents and brokers Industry Group work 44.2 hours per week and have an average annual salary of $77,261. Part-time employees in the same industry work 21.8 hours and earn an average annual salary of $28,796.

The locations with the highest concentration of employees in the Lessors of real estate, and offices of real estate agents and brokers Industry Group are Denver City (South Central) PUMA, CO, Miami Beach City & Miami Shores Village PUMA, FL, and Newport Beach, Aliso Viejo & Laguna Hills Cities PUMA, CA. The industry that purchases the most products or services from the Hospitals Industry Group is Lessors of real estate, and offices of real estate agents and brokers.

Workforce

A snapshot of jobs, wages, and opportunities in the Lessors of real estate, and offices of real estate agents and brokers Industry Group. Real estate brokers & sales agents are the most common position, but the Lessors of real estate, and offices of real estate agents and brokers Industry Group employs a relatively high number of Real estate brokers & sales agents, compared to other industries. 

The highest average salary in Lessors of real estate, and offices of real estate agents and brokers goes to Personal financial advisors.

Occupations

Occupations by Share

1.66M

Workforce (BLS Estimate)

ACS Estimate: 1.67M

The Bureau of Labor Statistics estimates that there were 1.66M people employed in the Lessors of real estate, and offices of real estate agents and brokers Industry Group in 2018.

The following graphic shows the share of employment in Lessors of real estate, and offices of real estate agents and brokers by various occupations according to ACS estimates. Real estate brokers & sales agents represent the largest share of positions held in Lessors of real estate, and offices of real estate agents and brokers at 35.3%, followed by Property, real estate, & community association managers with 17.9% and Janitors & building cleaners with 6.77%.

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Most Common

The most common occupations in the Lessors of real estate, and offices of real estate agents and brokers Industry Group, by number of employees, are Real estate brokers & sales agents, Property, real estate, & community association managers, Janitors & building cleaners, Secretaries and administrative assistants, except legal, medical, and executive, and Accountants & auditors.

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Most Specialized

Compared to other Industry Groups, Lessors of real estate, and offices of real estate agents and brokers employs an unusually high number of Real estate brokers & sales agents, Property, real estate, & community association managers, and Property appraisers and assessors.

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Highest Paid

The highest paid occupations in Lessors of real estate, and offices of real estate agents and brokers, by average wage, are Personal financial advisors, Financial analysts, and Chief executives & legislators.

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Wages

Average Salary

$67,296

AVERAGE WAGE

± $1,690

On average, employees in the Lessors of real estate, and offices of real estate agents and brokers Industry Group make $67,296 per year. This number makes Lessors of real estate, and offices of real estate agents and brokers the 66 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

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Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Lessors of real estate, and offices of real estate agents and brokers Industry Group.

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Wage Distribution

0.518

WAGE GINI

Lessors of real estate, and offices of real estate agents and brokers has a wage GINI of 0.518, which is more than than the national average of 0.479. In other words, wages are distributed less evenly in Lessors of real estate, and offices of real estate agents and brokers (shown in red) in comparison to the national average for those wage buckets (shown in gray).

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Opportunities

Spatial Concentration

This map shows the PUMAs in the United States that have revealed comparative advantage in the Lessors of real estate, and offices of real estate agents and brokers Industry Group.

These are locations that employ more people in the Lessors of real estate, and offices of real estate agents and brokers Industry Group than expected given both the size of that location's overall labor pool and the national size of the Lessors of real estate, and offices of real estate agents and brokers Industry Group.

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Diversity

Demographic information on the Lessors of real estate, and offices of real estate agents and brokers Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $82,411 and $52,229. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

837k

FEMALE WORKFORCE

±22.4k

834k

MALE WORKFORCE

±22.4k

50.1% of workers in the Lessors of real estate, and offices of real estate agents and brokers Industry Group are Female, making them the more common gender in the workforce. This chart shows the gender breakdown of the Lessors of real estate, and offices of real estate agents and brokers Industry Group.

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Wage by Gender in Common Jobs

$82,411

AVERAGE MALE SALARY

±$2,861

$52,229

AVERAGE FEMALE SALARY

±$1,711

On average, Male workers in the Lessors of real estate, and offices of real estate agents and brokers Industry Group make 1.58 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Lessors of real estate, and offices of real estate agents and brokers Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

  1. White

  2. Asian

  3. Two or More Races

On average, White employees in the Lessors of real estate, and offices of real estate agents and brokers Industry Group earn 1.07 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Lessors of real estate, and offices of real estate agents and brokers Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Lessors of real estate, and offices of real estate agents and brokers Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Finance, insurance, real estate, rental, and leasing has the highest single input, by dollars, to the Lessors of real estate, and offices of real estate agents and brokers Industry Group, and the largest industry purchasing services from the Lessors of real estate, and offices of real estate agents and brokers Industry Group is Finance, insurance, real estate, rental, and leasing.

In this visualization, click on a category to expand or collapse it. All of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Industrial Flow

The closest comparable data for Lessors of real estate, and offices of real estate agents and brokers is from Finance & Insurance, and Real Estate, Rental & Leasing.

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Intermediate Inputs

The closest comparable data for Lessors of real estate, and offices of real estate agents and brokers is from Finance & Insurance, and Real Estate, Rental & Leasing.

The Lessors of real estate, and offices of real estate agents and brokers Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Finance, insurance, real estate, rental, and leasing Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

The closest comparable data for Lessors of real estate, and offices of real estate agents and brokers is from Finance & Insurance, and Real Estate, Rental & Leasing.

The Finance, insurance, real estate, rental, and leasing Industry purchases the greatest share of products and services from the Lessors of real estate, and offices of real estate agents and brokers Industry Group in order to produce other goods and services. Purchases of the Lessors of real estate, and offices of real estate agents and brokers Industry Group for final consumption by consumers, businesses, or government are not included here.

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Projections

Growth projections of the real estate industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 6.89% in the next ten years. The real estate industry has a lower projected workforce growth at 0.6%. Its projected 10-year growth in output (2.4%) is lower than the projected national growth in output (22.9%).

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is real estate.

0.6%

ESTIMATED GROWTH

This line chart shows the projected 10-year growth in the number of jobs for the real estate industry.

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Output Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is real estate.

2.4%

ESTIMATED GROWTH

This line chart shows the projected 10-year growth in output of the real estate industry.

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