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- Key statistics in the property management industry include12:
- 220,000 property managers work for property management companies in the US.
- Their average wage is $35.20 per hour or $73,210 per year.
- The lowest paid 10% earn $31,330 per year while the highest paid earn $134,570 per year.
- Over 53% of property management companies use software to streamline operations and improve efficiency.
- The average property management company manages around 300 properties, with larger companies managing over 1,000.
- The property management market in the United States was estimated at 115.4 billion U.S. dollars in 2022, with a forecasted decrease in 20233.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Property Management Industry Employment
- 220,000 property managers work for property management companies.
- That’s 59.95% of all working property managers.
- Their average wage is $35.20 per hour or $73,210 per year.
ipropertymanagement.com/research/property-man…Here are some key statistics in the property management industry:
- The property management industry is worth only $88 billion in the United States, with an annual growth rate of 3.9% between 2016 and 2021.
profiletree.com/property-management-industry-stati…Published by Statista Research Department, May 23, 2023 The property management market in the United States grew year-on-year between 2012 and 2021, followed by a decline in 2022. In 2022, the size of the market was estimated at 115.4 billion U.S. dollars, with a forecast that it further decreases by 0.4 percent in 2023.www.statista.com/statistics/1040248/property-man… - People also ask
Property Management Industry Statistics & Trends [2024]
Learn about the size, growth, and outlook of the property management industry in the US, as well as the average wages, priorities, and challenges of property managers. Compare state-level data and trends for residential and commercial property management. See more
Property managers in Alabama make 26.3% less income than their peers elsewhere in the nation but 15.03% more than the average worker in their state. 1. There are a total of 1,930 property managers working for property management … See more
Property managers in Arizona make 14.59% less income than their peers elsewhere in the nation but 27.74% more than the average worker in their state. 1. There are a total of 7,190 property managers working for property management … See more
Property managers in Alaska make 0.23% less income than their peers elsewhere in the nation but 12.75% more than the average worker in … See more
Property managers in Arkansas make 23.25% less income than their peers elsewhere in the nation but 19.28% more than the average worker in their state. 1. There are a total of … See more
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