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

Industry Group

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Workforce Population

491k

2023

Average Employee Age

46.5

2023

Average Salary

$68,892

2023

Average Male Salary

$76,312

2023

Average Female Salary

$61,058

2023

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, property appraisers and assessors, and janitors & building cleaners. 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 42.9 hours per week and have an average annual salary of $74,827. Part-time employees in the same industry work 20.9 hours and earn an average annual salary of $36,998.

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 NYC-Bronx Community District 7--Fordham, Bedford Park, & Norwood PUMA, NY, NYC-Bronx Community Districts 3 & 6--Morrisania, Tremont, Belmont, & West Farms PUMA, NY, and NYC-Bronx Community District 8--Riverdale, Kingsbridge, & Marble Hill PUMA, NY.

The workforce of Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group in 2023 was 490,749 people, with 48.6% woman, and 51.4% men.

In 2023, 67.7% of the workforce in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group was White (332,029 people), of which 49.6% were women and 50.4% men.

Finance & Insurance, and Real Estate, Rental & Leasing Real estate

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

The workforce in Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group was 490,749 people and is concentrated in California (70,269 workers). The average annual salary was $68,892, being $1,165 more than the national average salary, which was $67,727.

Monthly Employment

Start Year

Y-Axis

−1.31%

Year-over-year decline

Employment change between February 2022 and February 2023

As of February 2023, there are 173k people employed in the Activities Related to Real Estate industry. This represents a −1.31% decrease in employment when compared to February 2022.

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

Employment by Location

The states that concentrated the largest workforce in 2023 were California (70.3k), Florida (48k), and New York (45.1k).

This map shows the states in the United States shaded by workforce for Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

Yearly Wage Ranking

In 2023, Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group had an average annual wage of $68,892, $1,165 more than the average national salary of $67,727.

The graph shows the position of Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.411

WAGE GINI

Real estate property managers, offices of real estate appraisers, and other activities related to real estate has a wage GINI of 0.411, which is less than than the national average of 0.476. 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).

The graphic shows the distribution of average salaries by buckets for Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages 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 with 193,938 workers, 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 and Janitors & building cleaners.

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.

Occupations Distribution

The graph shows the distribution of employees in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group according to occupations. In 2023, the occupations that concentrated the largest number of employees in this industry were property, real estate, & community association managers (193,938 people), property appraisers and assessors (29,736 people), and janitors & building cleaners (28,756 people)

Wage by Sex in Common Jobs

$76,312

AVERAGE MALE SALARY

±$4,153

$61,058

AVERAGE FEMALE SALARY

±$2,793

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 1.25 times more than their Female counterparts. This chart shows the sex-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.

Business

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.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

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.

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.

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 flow diagram, 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.

Intermediate Inputs

HIGHEST INPUT INDUSTRY

Finance, insurance, real estate, rental, and leasing
Professional and business services
Information

Use of Output by Other Industries

LARGEST PURCHASING INDUSTRY

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.

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.

Of the total workforce, 48.6% corresponds to women and 51.4% men. Male employees tend to earn more than Female employees, with average respective salaries of $76,312 and $61,058.

76% of workers have a bachelors degree, some college or high school or equivalent.

Gender and Age

238,697

Women

48.6%

252,052

Men

51.4%

The workforce of Real estate property managers, offices of real estate appraisers, and other activities related to real estate industry in 2023 was 490,749 people, with 48.6% woman, and 51.4% men.

The visualization shows the distribution of the workforce by gender and age in Real estate property managers, offices of real estate appraisers, and other activities related to real estate industry.

Races

In 2023, 67.7% of the workforce in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate industry was White (332,029 people), of which 49.6% were women and 50.4% men.

Other races that concentrated a significant number of workers were Two or More Races and Black.

Educational Levels

The main educational levels achieved by the Real estate property managers, offices of real estate appraisers, and other activities related to real estate workers in 2023 were bachelors degree (130,940 people), some college (127,379 people), and high school or equivalent (114,587 people).

The chart shows the Real estate property managers, offices of real estate appraisers, and other activities related to real estate workforce by gender and educational level.