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Role hub · Property, Real Estate, and Community Association Managers

Property Manager: what the job is, what it pays, and how to get hired.

The work, the skills that matter, the tools in demand and the pay range, from U.S. government data, plus every TryHired page for the role.

Updated Oct 24, 2026 · Data: BLS OEWS May 2025 · O*NET 31.0
Pay ladder · select a percentile
Median percentile pay

Half of property managers earn more than this and half earn less.

Annual
$69,990
Hourly
$33.65
Source
BLS May 2025
Quick answer

Property Managers plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. The median pay is $69,990 a year ($33.65 an hour) (BLS, May 2025).

Median pay
$69,990
BLS May 2025
Employed in the U.S.
311,180
BLS May 2025
Preparation
Job Zone 4 of 5
considerable preparation

Data Government data groups this job as Property, Real Estate, and Community Association Managers (O*NET-SOC 11-9141.00). Figures on this page are for that occupation.

Explore the role

Every page for Property Managers

The work

What property managers do day to day

Data Core tasks rated most important by workers in the role (O*NET).

  1. Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
  2. Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
  3. Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
  4. Prepare detailed budgets and financial reports for properties.
  5. Act as liaisons between on-site managers or tenants and owners.
  6. Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
  7. Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
  8. Clean common areas, change light bulbs, and make minor property repairs.
Skills that matter

Ranked by importance to the job

Data O*NET importance ratings. The first three are core.

Reading ComprehensioncoreSpeakingcoreActive ListeningcoreCritical ThinkingCoordinationWritingNegotiationSocial PerceptivenessMonitoring

Knowledge areas: Customer and Personal Service, Administration and Management, English Language, Economics and Accounting, Public Safety and Security, Administrative.

Tools and technology

Software property managers use

Data Examples reported for the role; employer demand flags from O*NET.

  • FacebookWeb page creation and editing softwareHot technology
  • Google AnalyticsData mining softwareHot technology
  • Biometric reader softwareAccess software
  • Card key management softwareAccess software
  • Google DriveCloud-based data access and sharing software
  • LinkedInWeb page creation and editing software
  • Microsoft PublisherDesktop publishing software
  • Social media sitesWeb page creation and editing software
  • YouTubeVideo creation and editing software
  • Microsoft ExcelSpreadsheet softwareIn demand
  • Microsoft Office softwareOffice suite softwareIn demand
  • Microsoft OutlookElectronic mail softwareIn demand

Also called: Apartment Manager, Commercial Property Manager, Community Association Manager, Community Manager, Lease Administration Supervisor, Leasing Manager.

Method

How this page is built

Tasks, skills, tools, education and related roles come from O*NET 31.0. Pay and employment come from the BLS OEWS May 2025 national estimates. The skill-match score is our calculation: Skill match is the correlation between the two occupations' skill profiles: for each of 35 O*NET skills (10 essential, 25 transferable) we multiply importance by level, subtract the average across all occupations, and correlate the two profiles. 100 means identical shape; 0 or below means unrelated. Only occupations that O*NET itself lists as related are compared.

What this page can't tell you
  • How a specific employer defines the job.
  • Pay for self-employed workers (OEWS covers employees).
  • Your own chances: data describes the occupation, not you.
Sources
  1. O*NET 31.0 Database, U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license. TryHired selected, ranked and combined the data; O*NET is not responsible for these pages.
  2. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates (public domain).