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Property, Real Estate, and Community Association Managers Salary



Median annual earnings of salaried property, real estate, and community association managers were $43,070 in May 2006. The middle 50 percent earned between $28,700 and $64,200 a year. The lowest 10 percent earned less than $20,140, and the highest 10 percent earned more than $95,170 a year. Median annual earnings of salaried property, real estate, and community association managers in the largest industries that employed them in May 2006 were:

Land subdivision $78,040
Local government 55,210
Activities related to real estate 40,590
Offices of real estate agents and brokers 40,500
Lessors of real estate 37,480

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.



Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2008-09 Edition, Property, Real Estate, and Community Association Managers, on the Internet at http://www.bls.gov/oco/ocos022.htm (visited January 12, 2009). Used by permission.


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Date Added: 2009-01-12 Views : 372