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According to the U.S. Bureau of Labor Statistics, employment of property, real estate, and community association managers is projected to grow 4 percent from 2024 to 2034, about as fast as the average for all occupations.
Annual Openings
Thousands
Projected each year through 2034
Job Growth
4%
From 2024 to 2034
Current Jobs
466,100
Nationwide in 2024
Source: U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, Property, Real Estate, and Community Association Managers, updated 2025
Property management covers a wide range of roles across residential, commercial and community association sectors. The following positions currently offer the highest number of immediate openings.
Oversee apartment complexes, rental homes and tenant relations
Manage office buildings, retail centers and industrial spaces
Handle HOA and condominium board operations and maintenance
Support senior managers with leasing, maintenance and administrative tasks
Show properties, screen tenants and close lease agreements
Maintain building systems and coordinate vendor services
The U.S. Bureau of Labor Statistics reports competitive earning potential for property managers, especially those handling large portfolios or commercial properties.
$66,700
Property Managers
Median annual wage (May 2024)
$120,000+
Top 10% Earners
Experienced managers in major markets
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2024
According to the U.S. Bureau of Labor Statistics, most property management roles require a high school diploma and several years of experience. Many states also require a real estate license or specific property management certification.
Pursue widely recognized credentials such as Certified Property Manager (CPM) or Real Estate Manager (REM) to stand out to employers.
Start with entry-level roles like leasing agent or maintenance coordinator to build the experience most employers require.
Familiarize yourself with popular tools like Yardi, AppFolio or Buildium. Many job postings list software proficiency as a key requirement.
Join local chapters of the Institute of Real Estate Management (IREM) or Building Owners and Managers Association (BOMA) for job leads.
Disclaimer: The information provided on this page is for general informational purposes only and is based on data from the U.S. Bureau of Labor Statistics. Job market conditions, salaries and requirements can vary by location and employer. Always verify the latest details directly on bls.gov or with the specific employer before applying.