Real estate managers
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Overview
Property, real estate, and community association managers take care of the many aspects of residential, commercial, or industrial properties. They make sure the property is well maintained, has a nice appearance, and preserves its resale or leasing value.
Predicted employment growth
Over the next decade, jobs for property, real estate, and community association managers are expected to grow by 10%, and should have about 28,900 job openings a year.
Safety from automation
Property, real estate, and community association managers are more likely to be automated than 62% of other careers.
Workforce size
Property, real estate, and community association managers, with 317,300 workers, form a larger workforce than 86% of careers.
Education
Only 41% of real estate managers have a bachelor's degree or higher.
Education attained by real estate managers
High School
Some College
Bachelor's Degree
Master's Degree
Doctorate
Context: workers with bachelor's degrees
More real estate managers have bachelor's degrees than 64% of other careeers.
Salaries
The median (middle) salary for property, real estate, and community association managers is higher than 65% of all other jobs' middle salaries. The graph shows inflation-adjusted salaries for most property, real estate, and community association managers.
This job's median $58KAll jobs' median $39K$58K$38K20142015201620172018$0$50K$100K$150K
Context: Median Salary
Gender
Women account for 51% of real estate managers -- that's a larger percentage than 65% of other jobs.
Gender of real estate managers
Men
Women
Context: Salary inequity
For each career, we compared the median (middle) men's salary to the median women's salary. For real estate managers, the median men's salary was 25% more the median woman's salary.
Race/Origin
About 17% of real estate managers are minority, and 13% are foreign-born.
Race/origin of real estate managers
White
Black
Pacific Islander
Hispanic
Asian
American Indian
Multiracial
Other
Context: Foreign-born workers (13%)
Where are the most jobs?
We ranked the number of jobs in Property, Real Estate, and Community Association Managers per thousand workers in each state, DC, and Puerto Rico. The darker the blue, the higher the job density.
AKMEVTNHWAIDMTNDMNMINYMARIORUTWYSDIAWIINOHPANJCTCANVCONEMOILKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFLPR
Job benefits
Employer or union-sponsored pension plans are offered to 32% of real estate managers, and 47% have company-sponsored health insurance (19% have dependents enrolled in their employer's health plan).
Employer-provided health coverage for real estate managers
100% premiums covered
Partial premiums covered
Plan with no cost sharing
No health insurance
Top college degrees
Here are the top college degrees held by the 43% of people in this job who have at least a bachelor's degree. Some of degrees may link to multiple programs due to the way Census classifies college majors. Click on a program to learn more about career opportunities for people who major in that field.
The downside
Some jobs are more stressful than others, and some are just plain dangerous. The following list gives the percentages of property, real estate, and community association managers who report hazardous or difficult situations typically occurring at least once a week.
  • Deal With Unpleasant or Angry People (74%)
  • Time Pressure (69%)
  • Frequency of Conflict Situations (61%)
  • Responsible for Others' Health and Safety (50%)
SOURCES:24.0 O*NET
Salary and diversity
Salary overview
What do real estate managers earn?

In this section, we want to give you a clear idea of what you can expect to earn in this career. We use two sources of data here: the Bureau of Labor Statistics (BLS), which asks employers to classify their workforce and to report salaries using the SOC-specialty level of reporting, and the American Community Survey (ACS), which asks people to classify their jobs using the broad classifications that ididio uses for career profiles, and to self-report their salaries. For some jobs, the differences in survey approaches between BLS and ACS can paint a very different end-picture. Whenever possible, we provide data from both sources.

The BLS-compiled salary data is reported by companies for their employees. This data excludes self-employed workers. We first show the distribution of salaries for property, real estate, and community association managers, and then we show how the middle (median) salary for property, real estate, and community association managers compares to the BLS-computed median salaries of other careers.
Distribution: Salaries for property, real estate, and community association managers (BLS Salary Data)
$58K$0$50K$100K$150K
Context: Median salaries across careers (BLS Salary Data)
$58K$0$50K$100K$150K
We compiled household data from the ACS to determine the salaries that people working at least 35 hours a week report themselves to earn. Unlike the BLS estimates, this data includes self-employed wages. We first show the full salary distribution for all real estate managers, and then we show how the median (middle) salary for real estate managers compares to the median ACS-reported salary of other careers.
Distribution: Salaries for real estate managers (ACS Salary Data)
$50K$0$50K$100K$150K
Context: Median salaries across careers (ACS Salary Data)
$50K$0$50K$100K$150K
Employers and salary
A look at employers and corresponding salaries
The donut shares the break-down of workers by employer type, and following we show the salary distributions for these workers based on those employer types. For some careers, the salaries can be vastly different between private, government, and self-employment. As with our salary overview, we view the both the BLS economists' salary profiles and the household-reported salaries from ACS to get a thorough understanding of where property, real estate, and community association managers work and for what salary. We have the great faith in the accuracy of economist-vetted BLS data; however, the BLS restrictions on which employers are surveyed skews the data a bit (read more in the sources), and the ACS responses provide different and useful categorizations of employers and salaries.
Employers of Real estate managers (ACS)
Private for-profit (70.5%)
Private not-for-profit (5.8%)
Local government (3.0%)
State government (1.0%)
Federal government (1.5%)
Self-employed incorporated (9.9%)
Self-employed not incorporated (8.0%)
Working without pay (0.3%)
Distribution: Salaries of real estate managers by type of employer (ACS data)
Following are the salary distributions by employer type calculated by aggregating individual household survey responses.
$50K$48K$58K$68K$63K$44K$59K$47K$0$50,000$100,000$150,000Self-employed not incorporatedSelf-employed incorporatedFederal governmentState governmentLocal governmentPrivate not-for-profitPrivate for-profitAll
Distribution: Salaries of property, real estate, and community association managers by type of employer (BLS data)
Following are the salary distributions by employer type as reported by BLS based on large employer-focused surveys. We note that smaller employer categories are not included by BLS.
$58K$91K$68K$58K$70K$0$50,000$100,000$150,000Federal governmentState governmentLocal governmentPrivateAll
Age and career advancement
Salary growth for real estate managers

The biggest take-away from the following two charts is the relationship between salary and experience that we can infer from age. Does this job seem to attract especially younger or older workers? Does it reward experience?

Take a minute a look at how much you might expect your salary to increase with each five years' experience, as well as how the numbers working in this career changes. We only provide this data when there are enough consistent ACS survey responses to allow a reasonable margin of error, so for some careers you will see gaps in our reporting of salary by age.

$53K$52K$54K$52K$53K$48K$41K$50K$30K$0$20K$40K$60K$80K$100K$120KSalary distribution20-2425-2930-3435-3940-4445-4950-5455-5960-64
020K40K60K80KNumber employed20-2425-2930-3435-3940-4445-4950-5455-5960-64

Our only sources for career data containing age, gender, or origin/race come from the Census Bureau. To provide these breakdowns, we have aggregated ACS person-level career survey responses by career, gender, race, and age. These graphics reflect the results of our aggregations, and are useful for identifying trends. A careful statistical study of the impact of age, gender, and race on salaries would correct for other factors that could be contributing to salary differences.

Gender and Equity
Real estate managers and gender

With 51% women, this occupation has a higher percentage of women than 65% of careers.

Context: Women in the workforce
51%0%20%40%60%80%100%
Gender of Real estate managers
Men (49%)
Women (51%)
Distribution: Salaries by gender

As we'll illustrate at the bottom of this section, the median (middle) salary for all full-time male workers in the US exceeds the full-time median salary for women by 20%, and the difference for real estate managers tops that, with the median salary for men 25% higher than the median salary for women. This chart shows you the salary range for most workers by gender.

$44K$55K$0$50K$100K$150KWomenMen
Context: Salary Inequity

Nationwide there are twenty careers for which men do not have a higher median (middle) salary than women. The chart below shows the salary inequity, the percentage by which the median men's salary is higher than the median women's salary, for most jobs. Real estate managers have one of the higher percentage increases for men's salary, with the increase for the men's median salary over the women's median salary in this job even higher than that for 71% of other jobs.

25%0%20%40%60%80%100%

Our only sources for career data containing age, gender, or origin/race come from the Census Bureau. To provide these breakdowns, we have aggregated ACS person-level career survey responses by career, gender, race, and age. These graphics reflect the results of our aggregations, and are useful for identifying trends. A careful statistical study of the impact of age, gender, and race on salaries would correct for other factors that could be contributing to salary differences.

Race/Origin
Race and origin of real estate managers

The representation of minority and foreign-born workers is quite different between careers, and the relative pay of those workers also varies significantly between careers. There is a smaller percentage of minority real estate managers than for 60% of other careers. The percentage of foreign-born workers in this career is near the middle of all careers.

Race/origin of real estate managers
White (79% )
Black (10% )
Other (4% )
Asian (4% )
Multiracial (2% )
Hispanic (1% )
American Indian (1% )
Pacific Islander (0% )
Context: Representation of minorities in the workforce
17%0%20%40%60%80%100%
Context: Representation of foreign-born workers
13%0%20%40%60%80%100%
Distribution: Salaries for real estate managers by race/origin

For some careers, there is a pay disparity depending on race or origin, though this is not prevalent. We calculate standard errors for all of our calculations, and when the error is high we do not show results. Therefore, for some jobs will have omitted race/origin categories.

$37K$38K$43K$44K$47K$51K$53K$0$20K$40K$60K$80K$100K$120KAmerican IndianOtherHispanicBlackMultiracialWhiteAsian
Distribution: Salaries for real estate managers by nativity
$47K$50K$0$20K$40K$60K$80K$100K$120KAll foreign-bornAll native citizens

Our only sources for career data containing age, gender, or origin/race come from the Census Bureau. To provide these breakdowns, we have aggregated ACS person-level career survey responses by career, gender, race, and age. These graphics reflect the results of our aggregations, and are useful for identifying trends. A careful statistical study of the impact of age, gender, and race on salaries would correct for other factors that could be contributing to salary differences.

Pathways to this career
Education requirements and salary
Education attained by property, real estate, and community association managers

According to the Bureau of Labor Statistics (BLS), property, real estate, and community association managers typically hold a high school diploma or equivalent.

Sometimes the typical education identified by the BLS differs a bit from the reality of the how much education current workers actually have. The donut shows the education level held by people currently working as real estate managers as reported in responses to the American Community Survey. Following, we investigate whether education level influences salary for real estate managers.

Education attained by real estate managers
None
High School
Some College
Associate's Degree
Bachelor's Degree
Master's Degree
Professional Deg/Doct
Doctorate
Details: Education and training recommended for property, real estate, and community association managers

A high school diploma or equivalent is typically required for most onsite property management positions. However, many employers prefer to hire college graduates for commercial management positions and offsite positions dealing with a property’s finances or contract management. A bachelor’s or master’s degree in business administration, accounting, finance, real estate, or public administration is preferred for these types of positions.

Details: Licensing and certification recommended for property, real estate, and community association managers

Real estate managers who buy or sell property must have a real estate license in the state in which they practice. In a few states, property and community association managers also must have a real estate license. Managers of public housing subsidized by the federal government must hold certifications.

Property, real estate, and community association managers working in Alaska, Delaware, Florida, Georgia, Hawaii, Illinois, Nevada, Virginia, and the District of Columbia are required to obtain professional credentials or licensure. Requirements vary by state, but many managers working in states without requirements still obtain designations to show competence and professionalism. BOMI International, the Community Associations Institute, the Institute of Real Estate Management, the National Association of Residential Property Managers, and the Community Association Managers International Certification Board all offer various designations, certifications, and professional development courses. Most states require recertification every 2 years.

In addition, employers may require managers to attend formal training programs from various professional and trade real estate associations. Employers send managers to these programs to develop their management skills and expand their knowledge of specialized fields, such as how to operate and maintain mechanical systems in buildings, how to improve property values, insurance and risk management, personnel management, business and real estate law, community association risks and liabilities, tenant relations, communications, accounting and financial concepts, and reserve funding. Managers also participate in these programs to prepare themselves for positions of greater responsibility in property management. With related job experience, completing these programs and receiving a satisfactory score on a written exam can lead to certification or the formal award of a professional designation by the sponsoring association.

Distribution: Salary by education level

What level of education is truly needed for real estate managers? Below we see the distribution of real estate managers salaries based on the education attained. These comparisons are based on all survey responses by those who identified themselves as real estate managers, and are not intended as a statistical analysis of salary differences that would correct for non-educational factors that could contribute to high or low earnings.

$36K$42K$45K$45K$61K$67K$75K$63K$0$50K$100K$150KNone (4%)High School (19%)Some College (26%)Associate's Degree (9%)Bachelor's Degree (31%)Master's Degree (8%)Professional Deg/Doct (1%)Doctorate (0%)
Bachelor's degree pathways
College majors held by real estate managers

This table shows the college majors held by people working as real estate managers. Select any degree to see detailed information. We are able to connect careers to degrees using the American Community Survey (ACS), and their degrees are defined a little differently from our programs, which are based on standard CIP classifications. Therefore, selecting some degrees will lead to a selection of CIP-level programs from which to choose.

If you see "**" before the name of a degree/program, that means this field is one that the Department of Education believes is preparatory for this career. However, you can see from this list that those recommendations are far from your only path to this job!

Degree
Select any title to learn more about that degree
Percentage of Real estate managers with this degree
Salary for all majors
Salary distribution (across jobs). Showing 0-$200,000.
Median
Middle 50%
Middle 80%
Education
Final education level of all people with this major
Bachelor's Degree
Master's Degree
Doctorate
Gender
Gender of people this bachelor's degree
Men
Women
10.4%
$0$200K$63K
4.8%
$0$200K$72K
4.6%
$0$200K$67K
4.2%
$0$200K$73K
4.1%
$0$200K$53K
3.8%
$0$200K$60K
3.3%
$0$200K$56K
2.2%
$0$200K$60K
1.8%
$0$200K$63K
1.7%
$0$200K$55K
1.6%
$0$200K$54K
1.6%
$0$200K$51K
1.4%
$0$200K$66K
1.1%
$0$200K$87K
1.0%
$0$200K$89K
The link between degrees and careers
The link between degrees and careers

With the following "sankey" diagram, you can follow the top ten bachelor's degrees held by people working as real estate managers, and then, in turn, you can see the 10 occupations that hire the most of each degree's graduates. This visualization links fields of studies and careers, suggesting both similar careers and options for degrees. The full list of bachelor's degrees held by real estate managers given in the previous section reminds us that there are many paths to these careers beyond what we can summarize here.

This job
Top 10 majors
Each major's top ten jobs
Managers (specialized areas)Accountants and auditorsFirst-line supervisors of retail sales workersFinancial managersWholesale and manufacturing sales representativesChief executives and legislatorsSecretaries and administrative assistantsHuman resources workersFirst-line supervisors of non-retail sales workersMarketing and sales managersRetail salespersonsElementary and middle school teachersPersonal financial advisorsFinancial analystsSecurities, commodities, and financial services sales agentsLawyers, judges, and magistratesCredit counselors and loan officersBookkeeping, accounting, and auditing clerksFirst-line supervisors of office and administrative support workersManagement analystsPostsecondary teachersCounselorsSocial workersPsychologistsPhysicians and surgeonsEducation administratorsMarket research analysts and marketing specialistsCustomer service representativesService sales representativesSecondary school teachersEditorsWriters and authorsBusiness Management andAdministrationGeneral BusinessFinanceAccountingEconomicsPsychologyMarketingCommunicationsPolitical Science andGovernmentEnglish Language andLiteratureAll other degrees
Switching Careers
Most common new jobs
The most common next careers for real estate managers

What jobs will most real estate managers hold next year?

The data in this chart comes from person interviews for the Census Bureau's Current Population Survey. The survey interviews households eight times over a two-year period, allowing us a glimpse into how people move from job to job. You can see more details from the results of the survey in our last tab in this section, and you can read about our methodology in our source descriptions.

Here we see all of the jobs that at least 1% of real estate managers reported holding in their second year's survey. Is your future job on this list?

Real estate managersReal estate brokers and sales agentsManagers (specialized areas)Chief executives and legislatorsJanitors and building cleaners
Lateral career moves
Lateral job transitions for real estate managers

A lateral career transition is a move to a job with similar pay and responsibilities. A move to such a job can offer a change of pace without an increase in stress or a decrease in pay. The following table simply identifies all 4 jobs which were held by at least 1% of survey respondents before working as real estate managers as well as 1% of respondents after working as real estate managers. Select a row to investigate the job's full description and determine if it truly offers an opportunity for a lateral transition.

Lateral-move careers for real estate managers
Annual openings
How many openings are expected each year?
Salary
Salary distribution for people in this occupation. Range is 0-$200,000.
Median
Middle 50%
Middle 80%
Education
High School
Some College
Bachelor's Degree
Master's Degree
Doctorate
Gender
Men
Women
Janitors and building cleaners
350,300
$0$200K$27K
Managers (specialized areas)
84,000
$0$200K$72K
Real estate brokers and sales agents
46,100
$0$200K$50K
Chief executives and legislators
24,000
$0$200K$96K
Full prior and next career listings
Prior and next careers for real estate managers: full listings

What do people typically do before and after they work as real estate managers? Here are the full lists of all jobs that at least 1% of real estate managers surveyed reported as holding a year earlier or later.

Choose which type of transition to view
Prior jobs
Next jobs
Prior careers for real estate managers
Annual openings
How many openings are expected each year?
Salary
Salary distribution for people in this occupation. Range is 0-$200,000.
Median
Middle 50%
Middle 80%
Education
High School
Some College
Bachelor's Degree
Master's Degree
Doctorate
Gender
Men
Women
Percentage Transitioning
What percentage worked in this job the previous year?
Secretaries and administrative assistants
395,200
$0$200K$36K
1.2%
Janitors and building cleaners
350,300
$0$200K$27K
2.2%
First-line supervisors of retail sales workers
171,800
$0$200K$39K
1.1%
Managers (specialized areas)
84,000
$0$200K$72K
4.1%
Real estate brokers and sales agents
46,100
$0$200K$50K
8.4%
Construction managers
34,800
$0$200K$66K
1.1%
Real estate managers
28,900
$0$200K$50K
46.6%
Chief executives and legislators
24,000
$0$200K$96K
2.3%
No occupation
8.5%
Read about property, real estate, and community association managers
Responsibilities and activities
Responsibilities and activities

Property, real estate, and community association managers typically do the following:

  • Meet with prospective renters and show them properties
  • Discuss the lease and explain the terms of occupancy or ownership
  • Collect monthly fees from tenants or individual owners
  • Inspect all building facilities, including the grounds and equipment
  • Arrange for new equipment or repairs as needed
  • Pay bills or delegate bill payment for such expenditures as taxes, insurance, payroll, and maintenance
  • Contract for trash removal, maintenance, landscaping, security, and other services
  • Investigate and settle complaints, disturbances, and violations
  • Keep records of rental activity and owner requests
  • Prepare budgets and financial reports
  • Comply with anti-discrimination laws when renting or advertising, such as the Americans with Disabilities Act, the Federal Fair Housing Amendment Act, and local fair housing laws

When owners of homes, apartments, office buildings, or retail or industrial properties lack the time or expertise needed for the day-to-day management of their real estate properties, they often hire a property or real estate manager or a community association manager. Managers are employed either directly by the owner or indirectly through a contract with a property management firm.

The following are examples of types of property, real estate, and community association managers:

Property and real estate managers oversee the operation of income-producing commercial or residential properties and ensure that real estate investments achieve their expected revenues. They handle the financial operations of the property, making certain that rent is collected and that mortgages, taxes, insurance premiums, payroll, and maintenance bills are paid on time. They may oversee financial statements, and periodically report to the owners on the status of the property, occupancy rates, expiration dates of leases, and other matters. When vacancies occur, property managers may advertise the property or hire a leasing agent to find a tenant. They may also suggest to the owners what rent to charge.

Community association managers work on behalf of homeowner or community associations to manage the communal property and services of condominiums, cooperatives, and planned communities. Usually hired by a volunteer board of directors of the association, they manage the daily affairs and supervise the maintenance of property and facilities that the homeowners use jointly through the association. Like property managers, community association managers collect monthly fees, prepare financial statements and budgets, negotiate with contractors, and help to resolve complaints. Community association managers also help homeowners and non-owner residents comply with association rules and regulations.

Onsite property managers are responsible for the day-to-day operation of a single property, such as an apartment complex, an office building, or a shopping center. To ensure that the property is well maintained, onsite managers routinely inspect the grounds, facilities, and equipment to determine whether maintenance or repairs are needed. They meet with current tenants to handle requests for repairs or to resolve complaints. They also meet with prospective tenants to show vacant apartments or office space. In addition, onsite managers enforce the terms of rental or lease contracts along with an association’s governing rules. They make sure that tenants pay their rent on time, follow restrictions on parking or pets, and follow the correct procedures when the lease is up. Other important duties of onsite managers include keeping accurate, up-to-date records of income and expenditures from property operations and submitting regular expense reports to the senior-level property manager or the owner(s).

Real estate asset managers plan and direct the purchase, sale, and development of real estate properties on behalf of businesses and investors. They focus on long-term strategic financial planning, rather than on the day-to-day operations of the property. In deciding to acquire property, real estate asset managers consider several factors, such as property values, taxes, zoning, population growth, transportation, and traffic volume and patterns. Once a site is selected, they negotiate contracts to buy or lease the property on the most favorable terms. Real estate asset managers review their company’s real estate holdings periodically and identify properties that are no longer financially profitable. They then negotiate the sale of the properties or arrange for the end of leases.

Personality and skills
Personality and skills

Can you see yourself in the ranks of property, real estate, and community association managers? Here are the skills and traits that could lead to success.

Communication skills
Property, real estate, and community association managers must understand leasing or rental contracts and must be able to clearly explain the materials and answer questions raised by a resident or group of board members.
Customer-service skills
Property, real estate, and community association managers must provide excellent customer service to keep existing clients and expand their business with new ones.
Interpersonal skills
Because property, real estate, and community association managers interact with people every day, they must have excellent interpersonal skills.
Listening skills
Property, real estate, and community association managers must listen to and understand residents and property owners in order to meet their needs.
Organizational skills
Property, real estate, and community association managers must be able to plan, coordinate, and direct multiple contractors at the same time, often for multiple properties.
Problem-solving skills
Property, real estate, and community association managers must be able to mediate disputes or legal issues between residents, homeowners, or board members.
Trends in employment
Salary trends
Distribution and trends: Salaries for property, real estate, and community association managers
Choose actual dollars or inflation-adjusted dollars to view
Adjusted for inflation
Historic dollars

In 2018, the median (middle) salary for property, real estate, and community association managers was higher than 65% of all other jobs' middle salaries. This graphic shows how the salary distribution (adjusted for inflation) has changed for this job over recent years. The gray line, as a comparison, shows the median salary of all US workers.

This job's median $58KAll jobs' median $39K$53K$38K200420052006200720082009201020112012201320142015201620172018$0$50K$100K$150K
Projected versus actual employment
Exploring actual employment trends versus projected trends

Currently, jobs for property, real estate, and community association managers are anticipated to grow by 10% over the next decade; only 29% of jobs are predicted to grow more.

The projected employment for property, real estate, and community association managers is the best guess created by talented economists and statisticians at the Bureau of Labor Statistics (BLS). However, as you look through several careers you'll notice that the projections are heavily influenced by past performance and may miss current trends. No one can tell the future, and as new information and better techniques are developed, actual counts and future projections may change. Here's a glimpse at the actual counts versus the projections over time.

20002010202020300100,000200,000300,000400,000500,000
Employment counts
Actual measured employment
BLS 10-year predictions
Variation by state
Employment
State-by-state employment numbers

Some careers tend to be centered in specific parts of the country. For example, most jobs in fashion are in New York or California. Let's see if your dream job is easy to find in your dream location! We have a few choices for viewing the data that can help you get a full employment picture.

Job density versus job count

Which states hire the most property, real estate, and community association managers? We wonder if that's a fair question since states come in all sizes, so instead let's start with the question of which states have the highest density of people working as property, real estate, and community association managers. You can choose to view the number of jobs per state if you prefer.

BLS vs ACS data

This map defaults to employment information from the Bureau of Labor Statistics (BLS), which provides job totals carefully compiled for accuracy and with a primary focus on how employers describe their workers. The BLS job totals do not count self-employed workers. We've also compiled totals using the Census Bureau's American Community Survey (ACS) which are based on how workers describe themselves. Sometimes ACS results are quite a bit different from the employer-based BLS data.

Choose the metric to review
Jobs per 1000 working
Number of jobs
Use this data source
BLS
Number of Property, Real Estate, and Community Association Managers per 1,000 workers (BLS)
Select a state to see local area details
AKMEVTNHWAIDMTNDMNMINYMARIORUTWYSDIAWIINOHPANJCTCANVCONEMOILKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFLPR
0.01.02.03.04.05.0
Salary
Salaries by state
Let's get a feel for where property, real estate, and community association managers earn the highest salaries. There are several choices for which data we consider and how we view that data, and each can lead to different conclusions, so please read on...
Median salary versus state ratio

We use two methods to compare salaries across states:

  • In-state comparisons: the ratio of median (middle) salaries for real estate managers compared to the median salary for all people working in each state, or
  • Median salary: the unaltered median salaries for real estate managers.

We hope the ratio allows perspective about how salaries may compare to the regional cost-of-living.

BLS vs ACS data

We have two sources for statewide salary information with important distinctions. The BLS data is created by surveying companies, missing individuals who are self-employed or work for smaller companies. The ACS data is compiled from multi-faceted household surveys and may reflect the inconsistencies that people may have in reporting information.

Choose the metric to review
In-state comparisions
Median salary
Use this data source
BLS
Median salary ratio: Property, Real Estate, and Community Association Managers to all workers (BLS)
The darkest shading corresponds to states in which property, real estate, and community association managers earn the highest salary when compared to other jobs in the state. We think this ratio might be a better indicator than the actual salary for your buying power as a state resident.
Select a state to see local area details
AKMEVTNHWAIDMTNDMNMINYMARIORUTWYSDIAWIINOHPANJCTCANVCONEMOILKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFLPR
0.00.51.01.52.02.5
Compare to similar jobs

If this job interests you, then use the dots below to find other jobs you might like. The dots closer to the top represent jobs that are like Real estate managers (shown with a blue star). Look for the dots to the right to find the best salaries! (We pulled salary data from BLS, and they give a top salary value of just over $200K to protect privacy, so our graph would go much higher if the salaries were not top coded.)

How should the career similarity be computed

There are a number of ways to measure the similarity of jobs, here are a few we provide:

  • Interests: Also known as a Holland Code - Are you a thinker? A helper? What fits your personality?
  • Environment: Are there hazards? Will you be comfortable? Will it be stressful?
  • Knowledge: What do you need to know the most about?
  • Physical Abilities: Do you need to especially strong or coordinated?
Choose the similarity measure to compare careers
Interests
Environment
Knowledge
Physical Abilities
Jobs that are similar by Interests and Salary (All education levels)
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