Property, Real Estate, and Community Association Managers

SOC code 11-9141 · O*NET-SOC 11-9141.00 · Considerable preparation needed

Property, Real Estate, and Community Association Managers pay

U.S. national figures, May 2025 BLS survey · How we got this number

Median pay

$69,990

a year

Hourly

$33.65

per hour

10th$41,010Median$69,99090th$139,680

The solid band is the middle 50% of workers; the bar spans the 10th to 90th percentile.

Average pay

$83,710

$40.25 per hour

Middle 50%

$50,720 – $97,910

25th to 75th percentile

Full spread

$41,010 – $139,680

10th to 90th percentile

People employed

311,180

nationwide

National U.S. figure, May 2025. Local pay can be higher or lower.

10th percentile: $41,010; $19.72/hr
25th percentile: $50,720; $24.39/hr
Median percentile: $69,990; $33.65/hr
75th percentile: $97,910; $47.07/hr
90th percentile: $139,680; $67.16/hr

Job outlook · federal projection 2024–34

+4%

Growing faster than average

466,100

jobs in 2024

483,100

projected for 2034

About 17,000 more jobs

U.S. Bureau of Labor Statistics employment projections, 2024–34. Projections describe the broader occupation group and are estimates, not guarantees.

What do property, real estate, and community association managers do?

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).

The tasks that matter most day to day

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.

How to qualify for this work

Preparation level: zone 4 — Considerable preparation needed

Education: Most of these occupations require a four-year bachelor's degree, but some do not.
Experience: A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
Training: Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

See all zone 4 occupations →

The federal survey did not capture education levels for this specific occupation, so the preparation-level card above is the best guide to the entry route.

Common questions

How much does a property, real estate, and community association managers earn?

The national median is $69,990 a year. The full range runs from $41,010 at the 10th percentile to $139,680 at the 90th — entry pay sits closer to the lower figure, and experience, licensing and specialisation move you up the range.

Can you become a property, real estate, and community association managers without a degree?

Not usually — this occupation sits in preparation zone 4, where the typical entry route is most of these occupations require a four-year bachelor's degree, but some do not. The education breakdown above shows what people in the role actually reported.

Is property, real estate, and community association managers in demand?

Federal projections expect employment to grow by about 4% between 2024 and 2034 — growing faster than average. Openings also come from people retiring or changing jobs, which the growth figure does not count.

Skills and knowledge you need

Core skills

Reading Comprehension4.0/5
Speaking4.0/5
Active Listening3.9/5
Critical Thinking3.9/5
Writing3.8/5
Monitoring3.4/5

Knowledge areas

Customer and Personal Service4.4/5
Administration and Management4.0/5
English Language4.0/5
Economics and Accounting3.9/5
Public Safety and Security3.7/5
Administrative3.5/5
Mathematics3.2/5
Building and Construction3.1/5

Transferable strengths: Coordination, Negotiation, Social Perceptiveness, Judgment and Decision Making.