Property, real estate, & community association managers

Detailed Occupation

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2020 Workforce

558k

Average Age

Estimated Job Growth

0.217%

10-year projection

Average Salary

$71,654

Average Male Salary

$89,815

Average Female Salary

$55,300

About

Property, real estate, & community association managers are most often employed by the Lessors of real estate, and offices of real estate agents and brokers industry. The average yearly wage for Property, real estate, & community association managers was $71,654 in 2016. The top 3 most similar occupations to Property, real estate, & community association managers by wage are Fundraisers, Police officers, and Biological scientists.

Property, real estate, & community association managers are part of the Management occupations, along with General & operations managers, Chief executives & legislators, Advertising & promotions managers, Marketing managers, Sales managers, and 24 more.

The top 3 locations that employ the most Property, real estate, & community association managers are LA City (East Central/Hollywood) PUMA, CA, LA City (Central/Pacific Palisades) PUMA, CA, and LA City (West Central/Westwood & West Los Angeles) PUMA, CA. The top 3 locations with a relatively high concentration of Property, real estate, & community association managers are Calabasas, Agoura Hills, Malibu & Westlake Village Cities PUMA, CA, Aventura City & Surfside Town PUMA, FL, and Boca Raton City & Highland Beach Town PUMA, FL.

Employment

Information on the businesses and industries that employ Property, real estate, & community association managers and on wages and locations for those in the field. Lessors of real estate, and offices of real estate agents and brokers is the industry that employs the most Property, real estate, & community association managers, both by share and by number, though the highest paid industry for Property, real estate, & community association managers, by average wage, is Electronic component & product manufacturing, n.e.c. . Property, real estate, & community association managers are paid most in Vineland & Millville Cities PUMA, NJ but are relatively concentrated in Calabasas, Agoura Hills, Malibu & Westlake Village Cities PUMA, CA.

Yearly Wage

$71,654

AVERAGE SALARY

± $2,675

In 2020, Property, real estate, & community association managers earned an average of $71,654, $15,700 more than than the average national salary of $55,954.

Fundraisers make somewhat more than Property, real estate, & community association managers while Police officers make somewhat less. This chart shows the various occupations closest to Property, real estate, & community association managers as measured by average annual salary in the US.

Wage Distribution

0.449

WAGE GINI

In 2015, Property, real estate, & community association managers had a wage GINI coefficient of 0.449, which is lower than than the national average of 0.478. In other words, wages are distributed more evenly for Property, real estate, & community association managers (shown in red) than for the overall labor force (shown in gray).

Wage by Location

HIGHEST PAYING PUMAS

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Property, real estate, & community association managers.

Spatial Concentration

PUMAs with a Relatively High Concentration of Property, real estate, & community association managers

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Property, real estate, & community association managers.

Most Common

The most common industries employing Property, real estate, & community association managers, by number of employees, are Lessors of real estate, and offices of real estate agents and brokers, Real estate property managers, offices of real estate appraisers, and other activities related to real estate, Construction, Support activities for mining, Civic, social, advocacy organizations, & grantmaking & giving services, Administration of environmental quality & housing programs, Warehousing & storage, Oil & gas extraction, Securities, commodities, funds, trusts & other financial investments, Community food & housing, & emergency services , and Business, professional, political, & similar organizations.

Highest Paying

The highest paying industries for Property, real estate, & community association managers, by average wage, are Electronic component & product manufacturing, n.e.c. , Internet publishing, broadcasting & web search portals, and Periodical, book, & directory publishers.

Industries by Share

558k

2020 Workforce

± 18,306

1.38%

1 YEAR GROWTH

± 4.59%

The number of people employed as Property, real estate, & community association managers has been growing at a rate of 1.38%, from 550,452 people in 2019 to 558,058 people in 2020.

This graphic shows the share of Property, real estate, & community association managers employed by various industries. Lessors of real estate, and offices of real estate agents and brokers employs the largest share of Property, real estate, & community association managers at 58.1%, followed by Real estate property managers, offices of real estate appraisers, and other activities related to real estate with 29.4% and Construction with 0.911%.

Diversity

Demographic information on Property, real estate, & community association managers in the US. The average age of male Property, real estate, & community association managers in the workforce is 48.5 and of female Property, real estate, & community association managers is 45.7, and the most common race/ethnicity for Property, real estate, & community association managers is White (Non-Hispanic).

Composition by Sex

264k

MALE WORKFORCE

± 12,614

294k

FEMALE WORKFORCE

± 13,291

52.6% of Property, real estate, & community association managers are Female, making them the more common sex in the occupation. This chart shows the sex breakdown of Property, real estate, & community association managers.

Race & Ethnicity

Most Common Race or Ethnicity of Property, real estate, & community association managers

White (Non-Hispanic)
Black (Non-Hispanic)
White (Hispanic)

68.5% of Property, real estate, & community association managers are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 9.59% of Property, real estate, & community association managers, Black (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Property, real estate, & community association managers.

Age by Sex

48.5

AVERAGE MALE AGE

± 0.673

45.7

AVERAGE FEMALE AGE

± 0.621

The median age of Property, real estate, & community association managers is 47, and Male employees are generally 2.83 years older than than their Female counterparts.

Education

Data on higher education choices for Property, real estate, & community association managers from The Department of Education and Census Bureau. The most common major for Property, real estate, & community association managers is Business but a relatively high number of Property, real estate, & community association managers hold a major in Construction.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

MOST COMMON MAJORS

MOST SPECIALIZED MAJORS

Skills

Data on the critical and distinctive skills necessary for Property, real estate, & community association managers from the Bureau of Labor Statistics. Property, real estate, & community association managers need many skills, but most especially Speaking, Reading Comprehension, and Active Listening. The revealed comparative advantage (RCA) shows that Property, real estate, & community association managers need more than the average amount of Management of Financial Resources, Management of Material Resources, and Negotiation.

Radar Distribution

Bar Chart

Projections

Projections on job growth for Property, Real Estate, and Community Association Managers from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but Property, Real Estate, and Community Association Managers are expected to see a growth of 0.217% over the same period. This occupation is expected to grow less than the national average.

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Property, Real Estate, and Community Association Managers.

0.217%

Estimated Job Growth

10-year Projection

3.71%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Property, Real Estate, and Community Association Managers. This profession is expected to grow less than than 3.71%, the average rate of national job growth.