53131/Real Estate Property Managers
US businesses, employees and payroll, 2017 to 2023
708K
employees, 2023
708K
employees, 2023
In 2023, 78,886 US Real Estate Property Managers business locations employed 707,721 people and paid $46.9 billion in annual payroll, $66,251 per employee on average. Employment was up 5.4% from 2022. California had the most employees.
Updated Oct 9, 2026 · data year 2023
Business locations
78,886
+4.2% vs 2022
Employees
707,721
+5.4% vs 2022
Annual payroll
$46.9B
+6.6% vs 2022
Average pay
$66,251
+1.1% vs 2022
Over the years
United States, 2017 to 2023
Employees
Paid employees in mid-March
Business locations
Places with paid employees
By state
Employees of Real Estate Property Managers in each state, 2023
Employees by state
States with the most employees
Employees and the share of all the state's jobs
| State | Business locations | Employees | Average pay | Share of state jobs |
|---|---|---|---|---|
| California | 13,161 | 102,211 | $74,713 | 0.62% |
| Florida | 7,081 | 68,832 | $52,178 | 0.69% |
| Texas | 6,520 | 60,692 | $66,859 | 0.51% |
| New York | 7,357 | 60,402 | $78,005 | 0.69% |
| Massachusetts | 2,078 | 22,221 | $84,509 | 0.64% |
| Georgia | 2,310 | 21,426 | $69,154 | 0.49% |
| Ohio | 1,883 | 20,056 | $65,577 | 0.39% |
| Michigan | 1,383 | 19,869 | $54,125 | 0.49% |
| Illinois | 2,070 | 19,864 | $75,861 | 0.35% |
| Virginia | 1,883 | 18,786 | $70,179 | 0.52% |
| New Jersey | 2,025 | 18,766 | $68,676 | 0.48% |
| Washington | 2,161 | 18,551 | $70,026 | 0.61% |
| North Carolina | 2,439 | 18,437 | $56,933 | 0.43% |
| Pennsylvania | 1,896 | 17,938 | $70,596 | 0.31% |
| Arizona | 1,448 | 17,608 | $64,011 | 0.61% |
The 15 states with the most employees. Download the CSV for all 51.
Top metro areas
Metro and micro areas with the most Real Estate Property Managers employees, 2023
Metro areas with the most employees
| Metro area | Locations | Employees | Average pay |
|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ | 7,834 | 66,361 | $79,277 |
| Los Angeles-Long Beach-Anaheim, CA | 5,318 | 47,106 | $76,818 |
| Miami-Fort Lauderdale-West Palm Beach, FL | 2,640 | 32,558 | $54,021 |
| Dallas-Fort Worth-Arlington, TX | 1,936 | 25,300 | $73,195 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 1,800 | 20,299 | $85,004 |
| Boston-Cambridge-Newton, MA-NH | 1,670 | 19,992 | $86,785 |
| Chicago-Naperville-Elgin, IL-IN | 1,801 | 18,248 | $77,906 |
| Atlanta-Sandy Springs-Roswell, GA | 1,548 | 16,923 | $73,869 |
| Houston-Pasadena-The Woodlands, TX | 1,692 | 15,545 | $65,584 |
| San Francisco-Oakland-Fremont, CA | 1,729 | 15,443 | $93,671 |
| Phoenix-Mesa-Chandler, AZ | 1,089 | 14,494 | $66,952 |
| Seattle-Tacoma-Bellevue, WA | 1,321 | 13,175 | $75,872 |
| Detroit-Warren-Dearborn, MI | 722 | 12,153 | $55,560 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 1,140 | 11,439 | $79,819 |
| San Diego-Chula Vista-Carlsbad, CA | 1,510 | 11,123 | $68,821 |
Business size
US Real Estate Property Managers business locations by number of employees, 2023
Locations by size
| Employees | Locations | Share |
|---|---|---|
| Under 5 | 51,361 | 65.1% |
| 5 to 9 | 15,202 | 19.3% |
| 10 to 19 | 6,660 | 8.4% |
| 20 to 49 | 3,521 | 4.5% |
| 50 to 99 | 1,196 | 1.5% |
| 100 to 249 | 678 | 0.9% |
| 250 to 499 | 182 | 0.2% |
| 500 to 999 | 67 | 0.1% |
| 1,000 or more | 19 | 0.0% |
Related industries
Real Estate Property Managers and the 2 industries directly below it
Part of Real Estate and Rental and Leasing 53Real Estate 531Activities Related to Real Estate 5313
| Code | Industry | Employees | Average pay |
|---|---|---|---|
| 531311 | Residential Property Managers | 536,933 | $58,786 |
| 531312 | Nonresidential Property Managers | 170,788 | $89,718 |
Questions and answers
How many people work in Real Estate Property Managers in the US?
707,721 people worked at 78,886 US Real Estate Property Managers business locations in 2023, up 5.4% from 2022. That is 0.51% of all US private-sector employees.
What is the average pay in Real Estate Property Managers?
$66,251 a year per employee in 2023, from $46.9 billion in annual payroll (up 1.1% from 2022). The average across all US industries was $68,342.
Which state has the most Real Estate Property Managers jobs?
California had the most, with 102,211 employees in 2023, followed by Florida (68,832) and Texas (60,692).
Which metro areas have the most Real Estate Property Managers jobs?
New York-Newark-Jersey City, NY-NJ (66,361), Los Angeles-Long Beach-Anaheim, CA (47,106), Miami-Fort Lauderdale-West Palm Beach, FL (32,558) had the most Real Estate Property Managers employees in 2023.
Are most Real Estate Property Managers businesses small?
92.8% of the 78,886 Real Estate Property Managers business locations had fewer than 20 employees in 2023, and 86 had 500 or more.
Official US government statistics, published once a year. Business locations are places with paid employees; employees are counted in mid-March; payroll covers the whole year. Covers most private employers, not the self-employed, most government workers or farm workers on farms. Changes from the year before are shown only when both years use the same edition of the industry codes.