Career Outlook Guide

Property Managers

Job Outlook

• Employment of property, real estate and community association managers is projected to increase by 15% through 2016.
• Particularly good opportunities are expected for those with experience managing housing for older people or those needing specialized housing, such as assisted-living facilities and retirement communities.
• An increase in the Nation's stock of apartments, houses, and offices should require more property managers and job growth among onsite property managers in commercial real estate.

What They Earn

• Median annual earnings of salaried property, real estate, and community association managers were $43,070 in May 2006.
• It's not uncommon for 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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