Property, real estate, and community association managers salary
| Measure | Annual | Hourly |
|---|---|---|
| 10th percentile | $41,010 | $19.72 |
| Median (50th percentile) | $69,990 | $33.65 |
| Mean (average) | $83,710 | $40.25 |
| 90th percentile | $139,680 | $67.16 |
These wages describe everyone employed in the occupation, from new entrants to experienced workers. They are not starting salaries and not earnings of graduates from any particular program. Verified data
Property, real estate, and community association managers pay by state and metro area
Table: median wage and employment for all 53 states and territories
| State | Median | 10th pct | 90th pct | Employment | Location quotient |
|---|---|---|---|---|---|
| Alabama | $58,240 | $39,910 | $98,740 | 3,510 | 0.83 |
| Alaska | $76,800 | $45,980 | $143,010 | 450 | 0.68 |
| Arizona | $63,740 | $42,890 | $122,860 | 9,970 | 1.54 |
| Arkansas | $47,760 | $26,640 | $125,860 | 2,310 | 0.88 |
| California | $77,030 | $41,540 | $158,050 | 50,040 | 1.37 |
| Colorado | $100,080 | $72,870 | $217,240 | 2,230 | 0.39 |
| Connecticut | $73,940 | $47,170 | $130,950 | 2,760 | 0.81 |
| Delaware | $67,600 | $45,720 | $110,690 | 790 | 0.82 |
| District of Columbia | $94,080 | $62,570 | $160,330 | 2,040 | 1.45 |
| Florida | $70,810 | $45,810 | $132,770 | 30,160 | 1.52 |
| Georgia | $75,380 | $39,750 | $142,500 | 8,690 | 0.89 |
| Guam | $73,110 | $46,410 | $122,980 | 40 | 0.3 |
| Hawaii | $70,190 | $47,990 | $122,980 | 1,930 | 1.54 |
| Idaho | $51,370 | $30,400 | $88,730 | 1,680 | 0.98 |
| Illinois | $74,980 | $44,570 | $143,200 | 11,180 | 0.92 |
| Indiana | $60,600 | $39,020 | $110,140 | 4,670 | 0.73 |
| Iowa | $57,980 | $39,510 | $106,640 | 2,290 | 0.73 |
| Kansas | $58,510 | $36,730 | $100,420 | 2,810 | 0.98 |
| Kentucky | $52,790 | $36,490 | $85,700 | 2,670 | 0.67 |
| Louisiana | $49,990 | $31,060 | $105,900 | 3,060 | 0.79 |
| Maine | $60,930 | $45,550 | $102,430 | 960 | 0.75 |
| Maryland | $81,900 | $58,590 | $163,390 | 6,060 | 1.1 |
| Massachusetts | $103,410 | $62,070 | $181,430 | 7,320 | 1.01 |
| Michigan | $60,350 | $36,960 | $117,180 | 5,840 | 0.66 |
| Minnesota | $64,890 | $48,730 | $96,980 | 4,480 | 0.76 |
| Mississippi | $53,620 | $29,210 | $104,010 | 1,300 | 0.56 |
| Missouri | $61,640 | $39,100 | $97,390 | 4,740 | 0.81 |
| Montana | $58,050 | $40,520 | $87,020 | 1,130 | 1.1 |
| Nebraska | $61,610 | $43,380 | $111,880 | 1,530 | 0.74 |
| Nevada | $55,670 | $35,370 | $101,490 | 5,630 | 1.81 |
| New Hampshire | $75,500 | $44,830 | $121,570 | 730 | 0.53 |
| New Jersey | $82,850 | $46,220 | $170,900 | 7,110 | 0.83 |
| New Mexico | $62,230 | $40,720 | $100,120 | 1,410 | 0.81 |
| New York | $99,390 | $57,510 | $208,740 | 11,390 | 0.59 |
| North Carolina | $61,430 | $38,470 | $111,430 | 10,690 | 1.08 |
| North Dakota | $58,500 | $46,180 | $92,950 | 590 | 0.69 |
| Ohio | $59,050 | $37,350 | $119,450 | 9,960 | 0.9 |
| Oklahoma | $64,640 | $38,310 | $153,700 | 2,520 | 0.74 |
| Oregon | $78,060 | $59,220 | $139,690 | 3,190 | 0.81 |
| Pennsylvania | $65,680 | $46,290 | $143,280 | 9,370 | 0.77 |
| Rhode Island | $80,260 | $58,900 | $125,000 | 730 | 0.73 |
| South Carolina | $62,810 | $42,280 | $140,540 | 4,900 | 1.06 |
| South Dakota | $49,490 | $37,550 | $72,500 | 1,280 | 1.4 |
| Tennessee | $64,870 | $40,680 | $119,900 | 4,310 | 0.66 |
| Texas | $61,320 | $35,080 | $139,750 | 45,350 | 1.61 |
| Utah | $64,290 | $45,610 | $126,730 | 3,020 | 0.87 |
| Vermont | $62,810 | $47,640 | $124,000 | 560 | 0.92 |
| Virgin Islands | $74,850 | $42,510 | $128,950 | 140 | 2.2 |
| Virginia | $79,810 | $45,340 | $169,040 | 5,570 | 0.68 |
| Washington | $119,320 | $73,370 | $172,050 | 2,950 | 0.42 |
| West Virginia | $54,860 | $34,570 | $99,990 | 1,130 | 0.8 |
| Wisconsin | $77,730 | $52,880 | $123,570 | 1,560 | 0.27 |
| Wyoming | $60,060 | $24,150 | $106,970 | 640 | 1.14 |
A location quotient above 1 means the occupation is more concentrated in that state than in the nation overall.
Metro areas with the most jobs
Highest paying metro areas
Job outlook for property, real estate, and community association managers
- Average annual openings, 2025 to 2035: 36,900. Openings include new jobs plus replacement needs when workers retire or leave the occupation. Official projection
- Share of workers who are self-employed (2025): 31.3%.
- Read the official BLS Occupational Outlook Handbook profile.
These are official BLS projections. ConnectPrep does not alter them or present its own forecasts as official statistics.
Education and training for property, real estate, and community association managers
- Typical entry education
- High school diploma or equivalent
- Related work experience
- Less than 5 years
- On-the-job training
- Short-term on-the-job training
- O*NET Job Zone
- Job Zone Four: Considerable Preparation Needed
Highest education of people working in this occupation
O*NET describes this preparation level as: Most of these occupations require a four-year bachelor's degree, but some do not.
Degrees and programs that lead to this career
Programs officially mapped to this occupation in the NCES and BLS CIP to SOC crosswalk. A mapping means the program commonly prepares students for the occupation, not that every graduate works in it. Official crosswalk
- Real Estate Development CIP 04.1001
- Real Estate CIP 52.1501
Skills, knowledge, and daily work
Most important skills
Most important knowledge areas
Typical tasks
- Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
- Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
- Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
- Prepare detailed budgets and financial reports for properties.
- Act as liaisons between on-site managers or tenants and owners.
- Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
- Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
- Clean common areas, change light bulbs, and make minor property repairs.
Technology skills
- Microsoft Excel (in demand)
- Microsoft Office software (in demand)
- Microsoft Outlook (in demand)
- Microsoft Word (in demand)
- Yardi software (in demand)
- Facebook (hot technology)
- Google Analytics (hot technology)
- Google Docs (hot technology)
- Hypertext markup language HTML (hot technology)
- Intuit QuickBooks (hot technology)
- Microsoft Access (hot technology)
- Microsoft PowerPoint (hot technology)
- Microsoft Project (hot technology)
- Microsoft Windows (hot technology)
- Advantos Systems DataTrust Enterprise
- Biometric reader software
Transferable skills for career changers: Coordination, Negotiation, Social Perceptiveness, Judgment and Decision Making, Management of Financial Resources, Management of Personnel Resources.
Common job titles: Apartment Manager, Commercial Property Manager, Community Association Manager, Community Manager, Lease Administration Supervisor, Leasing Manager, Onsite Manager, Property Manager, Real Estate Manager, Resident Manager.
Is it worth it? Model the cost of getting there
Use the ROI calculator to compare the cost of the education this career usually requires against staying on your current path. It starts from the official wage distribution above, and you can change every assumption.
Frequently asked questions
How much do property, real estate, and community association managers make?
The national median annual wage for property, real estate, and community association managers was $69,990 in May 2025, according to the BLS Occupational Employment and Wage Statistics program. The lowest paid 10 percent earned less than $41,010 and the highest paid 10 percent earned more than $139,680. These figures cover all workers in the occupation, not only new entrants.
What education do property, real estate, and community association managers need?
BLS lists high school diploma or equivalent as the typical education needed to enter this occupation, with less than 5 years of related work experience and short-term on-the-job training on-the-job training typically needed to become competent.
Is property, real estate, and community association managers a growing career?
BLS projects employment of property, real estate, and community association managers to change +3.7% from 2025 to 2035, compared with +3.5% for all occupations. About 36,900 openings are projected each year on average, including openings from workers who retire or change occupations.
Which states pay property, real estate, and community association managers the most?
By median annual wage in May 2025, the highest paying states were Washington ($119,320), Massachusetts ($103,410), Colorado ($100,080). Pay differences partly reflect differences in living costs.