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Property, Real Estate, and Community Association Managers

SOC: 11-9141 • Data from U.S. Bureau of Labor Statistics & O*NET

What They Do

Property, Real Estate, and Community Association Managers typically perform the following tasks: • Prepare detailed budgets and financial reports for properties. • Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties. • Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties. • Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses. • Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties. • Direct and coordinate the activities of staff and contract personnel and evaluate their performance. • Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services. • Market vacant space to prospective tenants through leasing agents, advertising, or other methods. • Act as liaisons between on-site managers or tenants and owners. • Investigate complaints, disturbances, and violations and resolve problems, following management rules and regulations. • Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance. • Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability. • Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors. • Solicit and analyze bids from contractors for repairs, renovations, and maintenance. • Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations. • Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations. • Purchase building and maintenance supplies, equipment, or furniture. • Review rents to ensure that they are in line with rental markets. • Clean common areas, change light bulbs, and make minor property repairs. • Determine and certify the eligibility of prospective tenants, following government regulations.

Career Video

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Key facts

Median: $66,700
Employment: 466,100
Growth (2024–2034): +4.0%
Education: High school diploma

Career Intelligence Metrics

Automation Risk Assessment

Low Risk
18.0% probability of being automated in the next 10-20 years. This job is relatively safe from automation due to its creative, social, or complex problem-solving requirements.

Work-Life Balance Score

7.0/10
Good work-life balance based on typical work schedules, stress levels, and time demands.

Personality Fit (RIASEC Profile)

4.2
Realistic
6.8
Investigative
4.4
Artistic
7.8
Social
8.6
Enterprising
7.4
Conventional
Powered by O*NET Career Profiling

Personality Match: The higher the score (out of 10), the better this career matches that personality type. People with similar interests and work styles tend to be most satisfied in careers that match their personality profile.

O*NET Official Logo Official assessment tool by the U.S. Department of Labor

Top Skills

Communication skills Customer-service skills Interpersonal skills Listening skills Organizational skills Problem-solving skills

Strengths

  • High Demand
  • Flexible Work
  • Continuous Learning

Challenges

  • Burnout Risk
  • Rapid Technological Change

Median Salary Comparison

Employment projection (2024–2034)

Geographic Employment & Wage Analysis

BLS OEWS Data Updated 2024-05
View Interactive BLS Maps

States with Highest Employment

  • California 50,410
  • Florida 30,350
  • New York 12,940
  • Illinois 10,070
  • North Carolina 9,850
  • Ohio 9,740
  • Arizona 8,610
  • Georgia 8,530
  • Pennsylvania 8,330
  • Michigan 6,580
BLS OEWS data (2024-05)

Regional Wage Variations

  • California +13%
    $75,140
  • Florida -2%
    $65,160
  • New York +16%
    $77,320
  • Illinois +10%
    $73,250
  • Ohio -14%
    $57,100
  • Arizona -6%
    $62,440
  • Georgia +6%
    $70,730
  • Pennsylvania -1%
    $66,340
  • Michigan -12%
    $58,450
  • New Jersey +17%
    $78,350
BLS OEWS state wage data
Top Metropolitan Areas
New York-Newark-Jersey City
Employment: High Growth: +3.2%
Los Angeles-Long Beach
Employment: High Growth: +2.8%
Chicago-Naperville-Elgin
Employment: Medium Growth: +1.5%
Dallas-Fort Worth
Employment: Medium Growth: +4.1%
San Francisco-Oakland
Employment: High Growth: +2.3%
Based on BLS metropolitan area data
Industries with Highest Concentrations
Religious, grantmaking, civic, professional, and similar organizations
85%
Real estate
70%
Regional Job Market Outlook
Strong
West Coast
Stable
Northeast
Growing
South