Property, Real Estate, and Community Association Managers
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Overview
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Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).
Titles for this career often contain these words
ManagerPropertyLandRealEstateSuperintendentHousingLeaseBuildingRentalCoordinatorAssociationDeveloperSupervisorApartmentManagingRentingCommunityDirectorCondominiumSpecialistFacilitiesAgentAdministratorMarketOilAssistantSupervisingCommercialAcquisitionBuyerOperatorLeasingLocationParkOnSitePublicOfficeRightWayHotelHouseCustodianCemeteryServicesConsultingContractsCooperativeDistrictFacilityFreeholderHomeownerProjectRelocationCommissionerDevelopmentLeasesRentalsLandladyLandlordLandmanAdministrationLeaserManWorkerMallMasterMobileHomeOccupancyEventsFirmInvestorRentControlResidentResidentialTerritoryTrailerTrustee
Education
Only 42% of property, real estate, and community association managers have a bachelor's degree or higher.
Education attained by property, real estate, and community association managers
None
High School
Some College
Associate's/Cert.
Bachelor's Degree
Master's Degree
Professional Degree
Doctorate
Context: workers with bachelor's degrees
More property, real estate, and community association managers have bachelor's degrees than 62% of other careeers.
Employment
Workforce size
Property, real estate, and community association managers, with 363,000 workers, form a larger workforce than 86% of careers.
Predicted employment growth
Over the next decade, jobs for property, real estate, and community association managers are expected to grow by 7%, and should have about 31,600 job openings a year.
Safety from automation
Property, real estate, and community association managers are more likely to be automated than 61% of other careers.
Salaries
Context: Median Salary
How do salaries for property, real estate, and community association managers compare to other jobs' salaries?
Distribution: What salary can you expect?
See what most property, real estate, and community association managers earn.
$59K$0$50K$100K$150K
Gender
Women account for 50% of property, real estate, and community association managers -- that's a larger percentage than 61% of other jobs.
Gender of property, real estate, and community association managers
Men
Women
Context: Salary inequity
For each career, we compared the median (middle) men's salary to the median women's salary. For property, real estate, and community association managers, the median men's salary was 22% more the median woman's salary.
Race/Origin
About 18% of property, real estate, and community association managers are minority, and 13% are foreign-born.
Race/origin of property, real estate, and community association 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. Blue indicates low density, with lighter shades moving to yellow indicating higher numbers working in this profession.
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Benefits
How do benefits for this career compare to other jobs?
Context: Employer offers health insurance
Context: Employer offers a pension plan
Context: workers are union members
Worker concerns
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:
Salary and diversity
What do property, real estate, and community association managers earn?
The Bureau of Labor Statistics (BLS) provides company-reported job titles and corresonding salaries. This data excludes self-employed workers.
Distribution: Salaries for property, real estate, and community association managers (BLS Salary Data)
$59K$0$50K$100K$150K
Context: Median salaries across careers (BLS Salary Data)
$59K$0$50K$100K$150K
The American Community Survey (ACS) asks individuals to report their occupation and salary, and as such includes self-employed workers.
Distribution: Salaries for property, real estate, and community association managers (ACS Salary Data)
$51K$0$50K$100K$150K
Context: Median salaries across careers (ACS Salary Data)
$51K$0$50K$100K$150K
Property, Real Estate, and Community Association Managers: Inflation-adjusted salary trend
This job's median $52KAll jobs' median $45K$52K$44K070809101112131415161718$0$50K$100K$150K
A look at employers and corresponding salaries
The donut shares the break-down of workers by employer type, giving us a picture of what employers most typically hire property, real estate, and community association managers.
Employers of Property, Real Estate, and Community Association Managers (ACS)
Private for-profit (70.7%)
Private not-for-profit (5.6%)
Local government (2.9%)
State government (1.1%)
Federal government (1.4%)
Self-employed incorporated (9.9%)
Self-employed not incorporated (8.1%)
Working without pay (0.3%)
Distribution: Salaries of property, real estate, and community association managers by type of employer (ACS data)
Following are the salary distributions by employer type calculated by aggregating individual household survey responses.
$51K$45K$50K$54K$60K$48K$68K$64K$32K$0$50,000$100,000$150,000Working without paySelf-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.
$59K$0$50,000$100,000$150,000All

We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.

Salary growth for property, real estate, and community association managers

Is this a job that rewards experience, or is this job most likely a part of a career ladder? The higher a job's experience quotient, the more experience is rewarded with pay increases. Jobs in the green range have the best rewards with experience.

Take a minute to look at how much you might expect your salary to increase with each five years' experience, as well as how the numbers working at each age change. Does this seem to be a job for the young or the old, or could it be a career offering steady salary growth for many years?

Salary distribution
$53K$29K$55K$52K$56K$49K$51K$54K$42K$0$50K$100K$150K20-2425-2930-3435-3940-4445-4950-5455-5960-64
Number employed
020K40K60K80K20-2425-2930-3435-3940-4445-4950-5455-5960-64

We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.

Property, real estate, and community association managers and gender

With 50% women, this occupation has a higher percentage of women than 61% of careers.

Context: Women in the workforce
50%0%20%40%60%80%100%
Gender of Property, real estate, and community association managers
Men (50%)
Women (50%)
Distribution: Salaries by gender

The median (middle) salary for all full-time male workers in the US exceeds the full-time median salary for women by 19%, and the difference for property, real estate, and community association managers tops that, with the median salary for men 22% higher than the median salary for women.

$46K$56K$0$50K$100K$150KWomenMen
Context: Salary Inequity

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 all but about 20 jobs in which women typically earn more than men. Property, real estate, and community association managers have one of the more significant inequity issues, with the increase in men's median salary over women's median salary even higher than that for 65% of other jobs.

22%0%20%40%60%80%100%

We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.

Race and origin of property, real estate, and community association managers

Here we check out the diversity of origin in this career. There is a smaller percentage of minority property, real estate, and community association managers than for 59% of other careers. The percentage of foreign-born workers in this career is near the middle of all careers.

Race/origin of property, real estate, and community association managers
White (78% )
Black (10% )
Asian (4% )
Other (4% )
Multiracial (2% )
Hispanic (1% )
American Indian (1% )
Pacific Islander (0% )
Context: Representation of minorities in the workforce
18%0%20%40%60%80%100%
Context: Representation of foreign-born workers
13%0%20%40%60%80%100%
Distribution: Salaries for property, real estate, and community association 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.

$41K$42K$44K$45K$48K$52K$54K$0$20K$40K$60K$80K$100K$120KOtherAmerican IndianHispanicBlackMultiracialWhiteAsian
Distribution: Salaries for property, real estate, and community association managers by nativity
$48K$51K$0$20K$40K$60K$80K$100K$120KAll foreign-bornAll native citizens

We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.

Property, real estate, and community association managers and Part-time/Full-time employment

We've found that somes jobs hava a huge number of part-time workers, and that typically most who are working part-time are doing so because they cannot find full-time work or the job they have cannot provide full-time hours. With 15% part-time workers, this occupation has a higher percentage of part-time workers than 57% of careers.

Context: Part-time workers in the workforce
15%0%20%40%60%80%100%
Why workers are part-time
Full-Time is less than 35 hours a week
Retired/Social Security limit on earnings
Could not find full-time work
Seasonal work
Slack work/business conditions
School/training
Health/medical limitations
Child care problems
Other family/personal obligations
Other reasons
Distribution: Salaries by part-time/full-time status

The salary distributions for full-time and part-time property, real estate, and community association managers is shown following.

$20K$51K$0$20K$40K$60K$80K$100K$120KPart-time workersFull-time workers
Pathways to this career
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 property, real estate, and community association managers as reported in responses to the American Community Survey.

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.

Education attained by property, real estate, and community association managers
None
High School
Some College
Associate's/Cert.
Bachelor's Degree
Master's Degree
Professional Degree
Doctorate
Distribution: Salary by education level

What level of education is truly needed for property, real estate, and community association managers? Below we see the distribution of property, real estate, and community association managers salaries based on the education attained.

$37K$43K$47K$47K$62K$68K$82K$64K$0$50K$100K$150KNone (4%)High School (19%)Some College (26%)Associate's/Cert. (10%)Bachelor's Degree (32%)Master's Degree (8%)Professional Degree (1%)Doctorate (0%)

We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.

The Department of Education recommends the following college degree programs as preparation for this career. You can click a program row to learn more about the program and explore a list of schools that offer the program.

Number of degrees awarded in 2017
Education
Education level of awarded degrees
Associate's degree or certificate
Bachelor's
Graduate
Gender
Gender of graduates
Men
Women
Race/Origin
Race/origin of graduates
White
Minority
International
College majors held by property, real estate, and community association managers

This table shows the college majors held by people working as property, real estate, and community association managers.

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!

Percentage of Property, real estate, and community association 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/Professional
Gender
Gender of people this bachelor's degree
Men
Women
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 property, real estate, and community association managers, and then, in turn, you can see the 10 occupations that hire the most of each degree's graduates. We hope this provides ideas for similar jobs and similar fields of study.

Specialized ManagersAccountants and AuditorsFinancial ManagersFirst-Line Supervisors of...Wholesale and Manufacturi...Chief executives and legi...Labor Relations Specialis...First-Line Supervisors of...Customer Service Represen...Elementary and Middle Sch...Retail SalespersonsLawyers, and judges, magi...First-Line Supervisors of...Bookkeeping, Accounting, ...Financial and Investment ...Personal Financial Adviso...Securities, Commodities, ...Loan OfficersSpecialized Social Worker...Educational, Guidance, an...Specialized PsychologistsPostsecondary TeachersRegistered NursesEducation and childcare a...Management AnalystsMarketing ManagersSales ManagersMarket Research Analysts ...Sales Representatives of ...Secretaries and Administr...Paralegals and Legal Assi...Secondary School TeachersEditorsWriters and AuthorsBusiness Management andAdministrationGeneral BusinessAccountingFinancePsychologyEconomicsMarketingCommunicationsPolitical Science andGovernmentEnglish Language andLiteratureAll other degreesThis jobTop 10 majorsEach major's top ten jobs
What college major is your best entry?

About 42% of people working as property, real estate, and community association managers have at least a bachelor's degree. Each dot represents a college major leading to these jobs, with the dots to the right representing the majors sending the most of their grads into this career. The dots at the top are the majors who earn the most working in this career.

Darker colors have a larger percentage with graduate degreesOverall median salary0.0%2.0%4.0%6.0%8.0%10.0%12.0%14.0%Percentage with this major$30,000$40,000$50,000$60,000$70,000$80,000$90,000$100,000Median salary with this major
Switching Careers
The most common next careers for property, real estate, and community association managers

What jobs will most property, real estate, and community association 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 property, real estate, and community association managers reported holding in their second year's survey. Is your future job on this list? For property, real estate, and community association managers, there isn't a lot of action in this chart! This isn't a career that invites much moving around.

Property, Real Estate, and Community Association ManagersReal estate brokers and sales agentsChief executives and legislatorsBuilding Cleaners
Lateral job transitions for property, real estate, and community association 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 property, real estate, and community association managers as well as 1% of respondents after working as property, real estate, and community association managers. Select a row to investigate the job's full description and determine if it truly offers an opportunity for a lateral transition.

Employed
How many people have this job?
Salary
Salary distribution for people in this occupation. Range is 0-$200,000.
Median
Middle 50%
Middle 80%
Education
No degree
Associate's/Cert.
Bachelor's Degree
Master's Degree
Doctorate/Professional
Gender
Men
Women
Prior and next careers for property, real estate, and community association managers: full listings

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

Choose which type of transition to view
Prior jobs
Next jobs
Employed
How many people have this job?
Salary
Salary distribution for people in this occupation. Range is 0-$200,000.
Median
Middle 50%
Middle 80%
Education
No degree
Associate's/Cert.
Bachelor's Degree
Master's Degree
Doctorate/Professional
Gender
Men
Women
Percentage Transitioning
What percentage worked in this job the previous year?
Variation by state
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
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0.01.02.03.04.05.0
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 property, real estate, and community association managers compared to the median salary for all people working in each state, or
  • Median salary: the unaltered median salaries for property, real estate, and community association 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
Location-adjusted median salary
Median salary
Use this data source
BLS
Location-adjusted median salary for Property, Real Estate, and Community Association Managers (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
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$0$20K$40K$60K$80K$100K
Compare to similar jobs

If this job interests you, then use the tabs and education selector to find other careers that might be a good fit for you.

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 with
All education levels
Show most similar careers
More SimilarLess Similar$0$50K$100K$150K$200K$250K
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