Property, real estate, and community association managers

Median annual earnings of salaried property, real estate, and community association managers were $39,980 in May 2004. The middle 50 percent earned between $27,190 and $59,360 a year. The lowest 10 percent earned less than $18,510, and the highest 10 percent earned more than $89,840 a year. Median annual earnings of salaried property, real estate, and community association managers in the largest industries that employed them in 2004 were as follows:

Many resident apartment managers and onsite association managers receive the use of an apartment as part of their compensation package. Managers often are reimbursed for the use of their personal vehicles, and managers employed in land development often receive a small percentage of ownership in the projects that they develop.

Property, real estate, and community association managers held about 361,000 jobs in 2004. More that one-third worked for real estate agents and brokers, lessors of real estate, or property management firms. Others worked for real estate development companies, government agencies that manage public buildings, and corporations with extensive holdings of commercial properties. More than half of property, real estate, and community association managers were self-employed.

(from the Occupational Outlook Handbook: Property, Real Estate, and Community Association Managers)

See more recent statistics for employed workers below.