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Career Handbook - Property, Real Estate, and Community Association Managers Earnings
Property, Real Estate, and Community Association Managers
Earnings

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Earnings

Median annual earnings of salaried property, real estate, and community association managers were $36,880 in 2002. The middle 50 percent earned between $25,470 and $56,000 a year. The lowest 10 percent earned less than $17,450, and the highest 10 percent earned more than $86,650 a year. Median annual earnings of salaried property, real estate, and community association managers in the largest employing industries in 2002 were as follows:
 
Local government $50,340
Offices of real estate agents and brokers 37,820
Activities related to real estate 35,750
Lessors of real estate 31,190

Many resident apartment managers and onsite association managers receive the use of an apartment as part of their compensation package. Managers often are reimbursed for the use of their personal vehicles, and managers employed in land development often receive a small percentage of ownership in the projects that they develop.
 


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Data Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2004-05 Edition