Property, real estate, and community association managers
May 2005 employment and annual earnings distribution, wage and salary workers
Property, Real Estate, and Community Association Managers: Plan, direct, or coordinate selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Include managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).
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.
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:
| Local government | $51,980 |
| Offices of real estate agents and brokers | 40,000 |
| Activities related to real estate | 38,370 |
| Lessors of real estate | 34,300 |
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.
(from the Occupational Outlook Handbook: Property, Real Estate, and Community Association Managers)
See more recent statistics for employed workers below.
May 2005 employment and annual earnings distribution, wage and salary workers
National Occupational Employment and Earnings by Industry (NAICS sector and 3-digit industry group)
| Property, real estate, and community association managers | |||||
| Percentile earnings distribution | |||||
| 10th | 25th | 50th | 75th | 90th | |
| Mining employment: 1,100 mean earnings: $66,720 (EC) (def) (IG) | $24,620 | $34,590 | $58,490 | $90,850 | $118,430 |
| Oil and Gas Extraction employment: 900 mean earnings: $70,740 | $24,690 | $40,090 | $63,410 | $94,070 | $121,080 |
| Support Activities for Mining employment: 170 mean earnings: $44,760 | $24,440 | $26,500 | $29,740 | $54,270 | $93,430 |
| Utilities employment: 210 mean earnings: $82,220 (EC) (def) (IG) | $45,880 | $57,500 | $73,840 | $96,950 | $121,600 |
| Utilities employment: 210 mean earnings: $82,220 | $45,880 | $57,500 | $73,840 | $96,950 | $121,600 |
| Construction employment: 8,260 mean earnings: $75,240 (EC) (def) (IG) | $28,640 | $41,360 | $62,510 | $98,490 | $140,750 |
| Construction of Buildings employment: 3,260 mean earnings: $67,630 | $28,930 | $39,290 | $56,380 | $88,840 | $120,750 |
| Heavy and Civil Engineering Construction employment: 4,970 mean earnings: $80,450 | $28,650 | $42,990 | $67,730 | $107,990 | >$145K |
| Specialty Trade Contractors employment: 30 mean earnings: $43,820 | $20,640 | $23,200 | $40,010 | $63,870 | $71,230 |
| Manufacturing employment: 190 mean earnings: $77,110 (EC) (def) (IG) | $25,560 | $46,690 | $78,210 | $100,500 | $128,300 |
| Computer and Electronic Product Manufacturing employment: 60 mean earnings: $82,070 | $27,900 | $50,500 | $84,100 | $103,680 | $126,840 |
| Wholesale Trade employment: 90 mean earnings: $83,690 (EC) (def) (IG) | $35,400 | $41,890 | $68,100 | $116,980 | >$145K |
| Merchant Wholesalers, Durable Goods employment: 50 mean earnings: $74,250 | $37,480 | $41,520 | $55,460 | $87,700 | >$145K |
| Merchant Wholesalers, Nondurable Goods employment: 40 mean earnings: $106,670 | $23,970 | $56,910 | $110,200 | $139,430 | >$145K |
| Retail Trade employment: 230 mean earnings: $74,340 (EC) (def) (IG) | $30,270 | $44,560 | $62,600 | $90,220 | $141,440 |
| General Merchandise Stores employment: 30 mean earnings: $85,400 | $35,310 | $42,130 | $66,670 | $115,470 | >$145K |
| Miscellaneous Store Retailers employment: 60 mean earnings: $59,930 | $21,100 | $32,990 | $50,780 | $67,580 | $115,730 |
| Transportation and Warehousing employment: 250 mean earnings: $74,590 (EC) (def) (IG) | $15,640 | $43,730 | $78,380 | $97,500 | $120,740 |
| Air Transportation employment: 50 mean earnings: $88,800 | $27,920 | $68,350 | $88,760 | $110,780 | $133,850 |
| Information employment: 160 mean earnings: $76,050 (EC) (def) (IG) | $38,730 | $50,820 | $74,610 | $91,760 | $117,770 |
| Telecommunications employment: 100 mean earnings: $78,880 | $42,760 | $59,580 | $78,450 | $92,540 | $117,690 |
| Internet Service Providers, Web Search Portals, and Data Processing Service employment: n.a. mean earnings: $59,340 | $36,350 | $41,090 | $53,280 | $71,610 | $90,830 |
| Finance and Insurance employment: 2,840 mean earnings: $70,760 (EC) (def) (IG) | $30,570 | $42,460 | $60,290 | $89,240 | $125,790 |
| Credit Intermediation and Related Activities employment: 1,350 mean earnings: $77,950 | $34,390 | $47,870 | $66,350 | $99,380 | $138,820 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities employment: 500 mean earnings: $66,440 | $25,810 | $41,640 | $56,070 | $82,490 | $116,940 |
| Insurance Carriers and Related Activities employment: 380 mean earnings: $69,330 | $37,080 | $47,570 | $64,340 | $85,130 | $109,850 |
| Funds, Trusts, and Other Financial Vehicles employment: 620 mean earnings: $59,270 | $25,290 | $37,040 | $44,490 | $70,590 | $113,700 |
| Real Estate and Rental and Leasing employment: 115,130 mean earnings: $46,470 (EC) (def) (IG) | $19,130 | $26,420 | $38,500 | $55,290 | $82,700 |
| Real Estate employment: 114,980 mean earnings: $46,460 | $19,130 | $26,420 | $38,490 | $55,290 | $82,690 |
| Rental and Leasing Services employment: 60 mean earnings: $46,080 | $13,960 | $37,050 | $46,340 | $57,020 | $65,820 |
| Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) employment: 80 mean earnings: $49,910 | $13,670 | $24,860 | $38,400 | $74,470 | $102,350 |
| Professional, Scientific, and Technical Services employment: 1,530 mean earnings: $69,220 (EC) (def) (IG) | $25,590 | $35,490 | $57,470 | $96,610 | $122,290 |
| Professional, Scientific, and Technical Services employment: 1,530 mean earnings: $69,220 | $25,590 | $35,490 | $57,470 | $96,610 | $122,290 |
| Management of Companies and Enterprises employment: 3,550 mean earnings: $71,300 (EC) (def) (IG) | $30,670 | $39,780 | $60,140 | $90,550 | $128,100 |
| Management of Companies and Enterprises employment: 3,550 mean earnings: $71,300 | $30,670 | $39,780 | $60,140 | $90,550 | $128,100 |
| Administrative and Support and Waste Management and Remediation Services employment: 3,020 mean earnings: $54,470 (EC) (def) (IG) | $21,160 | $27,810 | $47,790 | $70,300 | $101,340 |
| Administrative and Support Services employment: 3,000 mean earnings: $54,430 | $21,120 | $27,750 | $47,530 | $70,440 | $101,480 |
| Educational Services employment: 520 mean earnings: $67,940 (EC) (def) (IG) | $33,780 | $47,590 | $64,100 | $86,170 | $110,300 |
| Educational Services employment: 520 mean earnings: $67,940 | $33,780 | $47,590 | $64,100 | $86,170 | $110,300 |
| Health Care and Social Assistance employment: 1,140 mean earnings: $48,290 (EC) (def) (IG) | $23,570 | $30,220 | $41,680 | $58,850 | $83,320 |
| Hospitals employment: 190 mean earnings: $71,300 | $38,120 | $50,230 | $65,730 | $85,180 | $112,900 |
| Nursing and Residential Care Facilities employment: 460 mean earnings: $42,670 | $24,950 | $30,050 | $39,920 | $51,420 | $67,460 |
| Social Assistance employment: 460 mean earnings: $43,880 | $20,560 | $26,520 | $36,410 | $53,780 | $79,420 |
| Arts, Entertainment, and Recreation employment: 290 mean earnings: $63,050 (EC) (def) (IG) | $25,070 | $34,100 | $54,230 | $81,870 | $111,970 |
| Museums, Historical Sites, and Similar Institutions employment: 50 mean earnings: $58,780 | $32,210 | $40,670 | $54,780 | $71,600 | $98,400 |
| Amusement, Gambling, and Recreation Industries employment: 220 mean earnings: $64,830 | $24,850 | $33,760 | $54,980 | $85,580 | $114,390 |
| Accomodation and Food Service employment: 420 mean earnings: $55,930 (EC) (def) (IG) | $23,600 | $38,260 | $48,620 | $67,670 | $102,410 |
| Accommodation employment: 370 mean earnings: $50,680 | $23,050 | $37,450 | $46,780 | $58,060 | $85,260 |
| Food Services and Drinking Places employment: n.a. mean earnings: $101,750 | $43,670 | $95,750 | $105,480 | $115,050 | >$145K |
| Other Services (except Public Administration) employment: 4,820 mean earnings: $47,450 (EC) (def) (IG) | $26,390 | $32,520 | $44,220 | $54,570 | $72,060 |
| Personal and Laundry Services employment: 190 mean earnings: $49,940 | $26,530 | $40,550 | $48,870 | $53,760 | $56,710 |
| Religious, Grantmaking, Civic, Professional, and Similar Organizations employment: 4,630 mean earnings: $47,350 | $26,380 | $32,390 | $43,760 | $54,650 | $72,400 |
| Federal, State, and Local Government (OES Designation) employment: 10,490 mean earnings: $55,440 (def) (IG) | $23,520 | $39,390 | $53,450 | $70,250 | $90,010 |
| Federal, State, and Local Government (OES Designation) employment: 10,490 mean earnings: $55,440 | $23,520 | $39,390 | $53,450 | $70,250 | $90,010 |
source: Occupational Employment Statistics Program; about these estimates
The (EC) links lead to data from the Economic Census from the Census Bureau.
The (def) links lead to 2002 NAICS industry definitions from the Census Bureau.
The (IG) links lead to Industry at a Glance industry profiles from the Bureau of Labor Statistics.