Property, Real Estate, and Community Association Managers Salary - BLS OEWS Wage Benchmarks
SOC 11-9141 · National · May 2024 OEWS Data
Median Annual Salary
$66,706
$32.07/hr
Verified BLS OEWS data · Updated Apr 3, 2025
Source: BLS OEWS · Published Apr 2, 2025
Next refresh: May 15, 2026
Get notified when this number updates
Personal or work email, both work. No account needed. Unsubscribe anytime.
The national median salary for Property, Real Estate, and Community Association Managers is $66,706 per year ($32.07/hr) according to the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2024. The middle 50% of earners make between $49,525 and $95,763 annually. Top earners at the 90th percentile reach $141,045 per year. There are approximately 296,640 property, real estate, and community association managers employed in the United States.
About This Role
BLS Standard Occupational Classification 2018
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).
Career Outlook
BLS Employment Projections · 2024-2034
10-year growth
+3.6%
About as fast as average
Annual openings
39K
per year, on avg
Workforce today
466K
as of 2024
Why those openings exist
4% from new growth96% from people leaving the role
Most openings come from replacement, not growth. Retention matters more than recruiting here.
Typical entry requirements
Education
High school diploma or equivalent
Experience
Less than 5 years
On-the-job training
Short-term on-the-job training
Industry Wage Breakdown
Top 5 industries by employment · median annual wage, sector-specific
Industry
Workforce
Median Pay
Real Estate
NAICS 531000
239K
$63,680
Management of Companies and Enterprises
NAICS 551100
10K
$106,030
Business, Professional, Labor, Political, and Similar Organizations
NAICS 813900
6K
$66,820
Local Government, excluding Schools and Hospitals (OEWS Designation)
NAICS 999300
6K
$75,430
Residential Building Construction
NAICS 236100
4K
$100,990
Wage range across top 5 industries: $63,680 to $106,030 (67% spread)
Wage Percentiles
Hourly & annualized (2,080 hours)
Percentile
Hourly Rate
Annual Salary
P10
$18.92
$39,354
P25
$23.81
$49,525
P50MEDIAN
$32.07
$66,706
P75
$46.04
$95,763
P90
$67.81
$141,045
Market Context Signal
JOLTS · other sector
Active
Openings Rate
3.4%
Quits Rate
2.0%
The labor market rebounded in March: hires jumped to 5.6M (+655K) and separations rose to 5.4M (+356K), both more than offsetting February's drop. Job openings held at 6.9M. Quits ticked to 2.0%.
Frequently Asked Questions
What is the average property, real estate, and community association managers salary?
The national median salary for Property, Real Estate, and Community Association Managers is $66,706 per year ($32.07/hr) according to BLS OEWS May 2024 data. The middle 50% earn between $49,525 and $95,763 annually.
How much do top-earning property, real estate, and community association managers make?
The 90th percentile salary for Property, Real Estate, and Community Association Managers is $141,045 per year ($67.81/hr). The 75th percentile is $95,763 per year.
What is the entry-level salary for property, real estate, and community association managers?
Entry-level Property, Real Estate, and Community Association Managers (10th percentile) earn approximately $39,354 per year ($18.92/hr). The 25th percentile is $49,525 per year.
Wage figures on this page come from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment & Wage Statistics (OEWS) survey, May 2024 release. OEWS surveys roughly 1.1 million establishments annually. It is the most comprehensive employer-reported wage dataset in the United States.
P10 through P90 percentiles represent the wage distribution across all surveyed employers (not self-reported by workers). Geographic adjustments use BLS-derived cost multipliers calibrated from regional wage variation.
Wages are estimates. Individual compensation depends on experience, education, employer size, industry, and negotiation. Use this as benchmark context, not absolute ground truth.
CompSignal is a free labor market intelligence tool built for HR, compensation, and talent acquisition teams. We make BLS data, the same primary source Mercer and Radford cross-reference in their paid surveys, searchable and actionable without an enterprise subscription.
Built and maintained by Falcon Incentives, a compensation strategy and incentive design consultancy.