Real estate property managers, offices of real estate appraisers, and other activities related to real estate

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Workforce
497k
2019 ACS Estimate
Average Employee Age
46.6
Average Salary
$56,157
Average Male Salary
$61,713
Average Female Salary
$50,289

About

The top three occupations in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group are Property, real estate, & community association managers, Janitors & building cleaners, Property appraisers and assessors, Maintenance & repair workers, general, and Accountants & auditors. On average, full-time employees in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group work 43.2 hours per week and have an average annual salary of $60,753. Part-time employees in the same industry work 21.2 hours and earn an average annual salary of $31,324.

The locations with the highest concentration of employees in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group are Bedford Park, Fordham North & Norwood PUMA, NY, Bothell (North), Mill Creek Cities & Silver Firs PUMA, WA, and Austin City (Northwest) PUMA, TX. The industry that purchases the most products or services from the Hospitals Industry Group is Real estate property managers, offices of real estate appraisers, and other activities related to real estate.

Workforce

A snapshot of jobs, wages, and opportunities in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group. Property, real estate, & community association managers are the most common position, but the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group employs a relatively high number of Property appraisers and assessors, compared to other industries. 

The highest average salary in Real estate property managers, offices of real estate appraisers, and other activities related to real estate goes to Personal financial advisors.

Monthly Employment

Start Year
Y-Axis
1.64%
Year-over-year growth
Employment change between May 2020 and May 2021

As of May 2021, there are 167k people employed in the Activities Related to Real Estate industry. This represents a 1.64% increase in employment when compared to May 2020.

This chart shows monthly employment numbers for Activities Related to Real Estate over time (non-seasonally adjusted).

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Occupations

Occupations by Share

497k
Workforce (ACS Estimate)
± 17.3k
−5.19%
1 Year Growth
± 5.12%

According to ACS estimates, the number of people employed in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group has been declining at a rate of −5.19%, , from 524k people in 2018 to 497k people in 2019.

The following graphic shows the share of employment in Real estate property managers, offices of real estate appraisers, and other activities related to real estate by various occupations according to ACS estimates. Property, real estate, & community association managers represent the largest share of positions held in Real estate property managers, offices of real estate appraisers, and other activities related to real estate at 39.3%, followed by Janitors & building cleaners with 6.47% and Property appraisers and assessors with 5.44%.

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Most Common

The most common occupations in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group, by number of employees, are Property, real estate, & community association managers, Janitors & building cleaners, Property appraisers and assessors, Maintenance & repair workers, general, and Accountants & auditors.

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Most Specialized

Compared to other Industry Groups, Real estate property managers, offices of real estate appraisers, and other activities related to real estate employs an unusually high number of Property appraisers and assessors, Property, real estate, & community association managers, and Baggage porters, bellhops, & concierges.

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Highest Paid

The highest paid occupations in Real estate property managers, offices of real estate appraisers, and other activities related to real estate, by average wage, are Personal financial advisors, Architectural & engineering managers, and Lawyers, & judges, magistrates, & other judicial workers.

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Wages

Average Salary

$56,157
AVERAGE WAGE
± $2,000

On average, employees in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group make $56,157 per year. This number makes Real estate property managers, offices of real estate appraisers, and other activities related to real estate the 125 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 Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

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Wage Distribution

0.407
WAGE GINI

Real estate property managers, offices of real estate appraisers, and other activities related to real estate has a wage GINI of 0.407, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Real estate property managers, offices of real estate appraisers, and other activities related to real estate (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 Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

These are locations that employ more people in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group than expected given both the size of that location's overall labor pool and the national size of the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

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Diversity

Demographic information on the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $61,713 and $50,289. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

242k
FEMALE WORKFORCE
±12.1k
255k
MALE WORKFORCE
±12.4k

51.4% of workers in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group are Male, making them the more common gender in the workforce. This chart shows the gender breakdown of the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

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Wage by Gender in Common Jobs

$61,713
AVERAGE MALE SALARY
±$3,247
$50,289
AVERAGE FEMALE SALARY
±$2,231

On average, Male workers in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group make 1.23 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY
  1. Native Hawaiian and Other Pacific Islander
  2. American Indian and Alaska Native tribes specified; or American Indian or Alaska Native, not specified and no other races
  3. White

On average, Native Hawaiian and Other Pacific Islander employees in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group earn 2.17 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 Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate 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 Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group, and the largest industry purchasing services from the Real estate property managers, offices of real estate appraisers, and other activities related to real estate 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 Real estate property managers, offices of real estate appraisers, and other activities related to real estate is from Finance & Insurance, and Real Estate, Rental & Leasing.
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Intermediate Inputs

The closest comparable data for Real estate property managers, offices of real estate appraisers, and other activities related to real estate is from Finance & Insurance, and Real Estate, Rental & Leasing.

The Real estate property managers, offices of real estate appraisers, and other activities related to real estate 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 Real estate property managers, offices of real estate appraisers, and other activities related to real estate 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 Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group in order to produce other goods and services. Purchases of the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group for final consumption by consumers, businesses, or government are not included here.

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