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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
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