Property, real estate, & community association managers

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2019 Workforce
553k
Average Age
47.1
Estimated Job Growth
10.3%
10-year projection
Average Salary
$70,176
Average Male Salary
$89,237
Average Female Salary
$54,892

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 $70,176 in 2016. The top 3 most similar occupations to Property, real estate, & community association managers by wage are Occupational health and safety specialists and technicians, Police officers, and Other designers.

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 Newport Beach, Aliso Viejo & Laguna Hills Cities PUMA, CA, Eagan, Inver Grove Heights & South St. Paul Cities PUMA, MN, and South of I-10 & Inside Loop I-610 PUMA, TX. The top 3 locations with a relatively high concentration of Property, real estate, & community association managers are Santa Monica City PUMA, CA, Newport Beach, Aliso Viejo & Laguna Hills Cities PUMA, CA, and Aventura City & Surfside 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 Motion pictures & video industries. Property, real estate, & community association managers are paid most in Greenpoint & Williamsburg PUMA, NY but are relatively concentrated in Santa Monica City PUMA, CA.

Wages

Yearly Wage

$70,176
AVERAGE SALARY
± $2,673

In 2019, Property, real estate, & community association managers earned an average of $70,176, $14,652 more than than the average national salary of $55,524.

Police officers make somewhat more than Property, real estate, & community association managers while Occupational health and safety specialists and technicians 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.

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Wage Distribution

0.447
WAGE GINI

In 2015, Property, real estate, & community association managers had a wage GINI coefficient of 0.447, 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).

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Wage by Location

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.

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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.

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Industries

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Industries by Share

553k
2019 Workforce
± 18,226
-3.15%
1 YEAR GROWTH
± 4.77%

The number of people employed as Property, real estate, & community association managers has been declining at a rate of -3.15%, from 571,076 people in 2018 to 553,113 people in 2019.

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  50.5%, followed by Real estate property managers, offices of real estate appraisers, and other activities related to real estate with 35.3% and Construction with 0.892%.

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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 46, and the most common race/ethnicity for Property, real estate, & community association managers is White (Non-Hispanic).

Gender Composition

246k
MALE WORKFORCE
± 12,171
307k
FEMALE WORKFORCE
± 13,589

55.5% of Property, real estate, & community association managers are Female, making them the more common gender in the occupation. This chart shows the gender breakdown of Property, real estate, & community association managers.

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Race & Ethnicity

Most Common Race or Ethnicity of Property, real estate, & community association managers
  1. White (Non-Hispanic)
  2. White (Hispanic)
  3. Black (Non-Hispanic)

67.3% of Property, real estate, & community association managers are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 10.6% of Property, real estate, & community association managers, White (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.

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Age by Gender

48.5
AVERAGE MALE AGE
± 0.701
46
AVERAGE FEMALE AGE
± 0.626

The median age of Property, real estate, & community association managers is 47.1, and Male employees are generally 2.5 years older than than their Female counterparts.

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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 Architecture and Related Services.

Majors

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

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Bar Chart

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Growth Projections

Projections on wages and job growth for Property, real estate, & community association managers from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 6.85%, but Property, real estate, & community association managers are expected to see a growth of 10.3% over the same period. This occupation is expected to grow higher than the national average.

Job Growth

10.3%
ESTIMATED GROWTH
6.85%
NATIONAL AVERAGE

This line chart shows the 10-year projected employment growth (from 2018 to 2028) for Property, real estate, & community association managers. This profession is expected to grow faster than 6.85%, the average rate of national job growth.

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