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For Educators: Military Resources
For Educators: Military Resources

Property, Real Estate, and Community Association Managers

Median Salary
62,850
Job Outlook
+4%

Overview

What are the responsibilities of this role?

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).

What sectors do they work in?

Private for profit

64%

Self-employed

25%

Private not for profit

6%

State and local government

3%

Federal Government

1%

What is the job outlook?

Employment of property, real estate, and community association managers is projected to grow 3 percent from 2023 to 2033, about as fast as the average for all occupations. About 37,800 openings for property, real estate, and community association managers are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

Compensation

What is the typical salary range?

$41,630

10%

$62,850

Median

$102,610

90%

How does location impact how much salary?

Education

What level of education do professionals in this role have?

Education Level

  • Bachelor's degree

    55%

  • High school

    15%

  • First professional degree

    10%

  • Post-secondary certificate

    10%

  • Some college

    5%

  • Associate's degree

    5%

Which college majors best prepare you for this role?

  • Real Estate Development
  • Real Estate

Skills and Interest

Which skill sets are the most valuable to possess?

Skills

  • Verbal Skills

    High

  • Leadership

    High

  • Math and Science Skills

    Mid

  • Technology Design and Control

    Low

  • Equipment Operation and Maintenance

    Low

  • Critical Thinking and Problem Solving

    Mid

What knowledge should you bring to the table?

  • Customer and Personal Service
  • Administration and Management
  • Administrative
  • Economics and Accounting
  • Public Safety and Security

What challenges will you likely face in the workplace?

Workplace

  • Level Of Competition

    High

  • Exposure to Job Hazards

    Mid

  • Time Pressure

    Mid

  • Repetitiveness

    Mid

  • Responsibility

    Mid

  • Decision Making

    Mid

  • Physical Activity

    Low

What personality traits help people thrive in this role?

Enterprising

You love taking risks in business or personal projects — and have the leadership skills to back it up.

Conventional

You like structure, staying organized, and working with systems to get things done efficiently.

RIASEC represents six broad interest areas—Realistic, Investigative, Artistic, Social, Enterprising, and Conventional—helping individuals identify careers that match their skills and preferences.

Take the RIASEC Test

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Data supplied by Bureau of Labor Statistics, National Center of Education Statistics, Defense Manpower Data Center (View our update schedule). Contact any business, college or military service branch to answer additional questions.