Property, Real Estate, and Community Association Managers
Job Zone 4 - Considerable preparation needed
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).
Median pay: $69,990/yr (U.S. national, May 2025)
Typical range nationwide (10th–90th percentile). This is a population snapshot, not a personal prediction - actual pay varies by location, employer, and experience.
Job outlook: +3.6% projected growth, 2024–2034 — about as fast as average.
About 39,000 openings per year, on average, over the decade.
Typical entry-level education: High school diploma or equivalent.
Source: U.S. Bureau of Labor Statistics, OEWS and Employment Projections.
• Prepare detailed budgets and financial reports for properties.
• Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
• Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
• Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
• Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
• Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
• Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services.
• Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
What's the median pay for Property, Real Estate, and Community Association Managers?
The median pay for Property, Real Estate, and Community Association Managers is $69,990 per year, per the U.S. Bureau of Labor Statistics.
What's the job outlook for Property, Real Estate, and Community Association Managers?
Employment for Property, Real Estate, and Community Association Managers is projected to change +3.6% from 2024 to 2034 - about as fast as average.
What education is typically required for Property, Real Estate, and Community Association Managers?
Typical entry-level education: High school diploma or equivalent.
How many job openings are there each year for Property, Real Estate, and Community Association Managers?
About 39,000 openings per year, on average, over the decade.