Annual Salary, Salary Range, and Highest Paying States and Industries
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Property and Real Estate Managers
Property and Real Estate Managers 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).
Table of contents
- Average salary
- Starting salary
- Salary rank
- Salary range
- Highest paying states
- Highest paying industries
Average salary
Starting salary
Entry-level Property, Real Estate and Community Association Managers with little to no experience can expect to make anywhere between $31,330 to $42,330 per year or $15 to $20 per hour. Similar to any other job, their salary will increase as they gain experience.
Salary rank
We wanted to make it easy for our readers to compare the salary of Property, Real Estate and Community Association Managers to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.
Salary range
| Level | Hourly | Annual |
|---|---|---|
| Highest (Top 10%) | $65 | $134,570 |
| Senior (Top 25%) | $42 | $86,320 |
| Middle (Mid 50%) | $29 | $59,660 |
| Junior (Bottom 25%) | $20 | $42,330 |
| No experience (Bottom 10%) | $15 | $31,330 |
Highest paying states
| State | Hourly | Annual |
|---|---|---|
| NY | $56 | $115,670 |
| NJ | $46 | $95,440 |
| CO | $46 | $94,730 |
| WA | $45 | $93,520 |
| VA | $45 | $93,020 |
| RI | $44 | $92,180 |
| PA | $44 | $91,800 |
| MA | $44 | $90,470 |
| DC | $43 | $90,210 |
| PR | $43 | $89,790 |
Another simple way to increase your salary as a Property, Real Estate and Community Association Manager is to move to a higher paying state. However moving to a higher paying state like NY doesn’t guarantee that you will make more because the expenses at NY might be much higher than where you are currently living at right now.
According to BLS, the highest paid Real Estate Managers are in the states of NY, NJ, CO, WA and VA.
Highest paying industries
| Salary by industry | Annual | Hourly |
|---|---|---|
| Architectural, Engineering, and Related Services | $130500 | $62.74 |
| Natural Gas Distribution | $129070 | $62.05 |
| Oil and Gas Extraction | $127960 | $61.52 |
| Scientific Research and Development Services | $121590 | $58.46 |
| Pipeline Transportation of Natural Gas | $120960 | $58.15 |
| General Medical and Surgical Hospitals | $119730 | $57.56 |
| Rail Transportation | $111960 | $53.83 |
| Management of Companies and Enterprises | $110710 | $53.23 |
| Credit Intermediation and Related Activities | $109450 | $52.62 |
| Electric Power Generation, Transmission and Distribution | $107770 | $51.81 |
| Federal Executive Branch | $106620 | $51.26 |
| Navigational, Measuring, Electromedical, and Control Instruments Manufacturing | $105490 | $50.72 |
| Legal Services | $105260 | $50.60 |
| Nondepository Credit Intermediation | $102230 | $49.15 |
| Land Subdivision | $100990 | $48.55 |
| Residential Building Construction | $99040 | $47.62 |
| Other Professional, Scientific, and Technical Services | $97720 | $46.98 |
| Nonresidential Building Construction | $97620 | $46.93 |
| Computer Systems Design and Related Services | $97370 | $46.81 |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services | $96030 | $46.17 |
| Rental and Leasing Services | $94970 | $45.66 |
| Colleges, Universities, and Professional Schools | $94680 | $45.52 |
| Offices of Physicians | $93640 | $45.02 |
| Business Support Services | $92730 | $44.58 |
| Warehousing and Storage | $89270 | $42.92 |
| Elementary and Secondary Schools | $88910 | $42.74 |
| Professional and Commercial Equipment and Supplies Merchant Wholesalers | $87040 | $41.84 |
| Grantmaking and Giving Services | $83630 | $40.20 |
| Management, Scientific, and Technical Consulting Services | $83530 | $40.16 |
| Facilities Support Services | $82640 | $39.73 |
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