The median annual wage of property, real estate, and community association managers was $51,480 in May 2010. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $26,180, and the top 10 percent earned more than $111,320.
In May 2010, the median annual wages in industries employing the largest numbers of property, real estate, and community association managers were as follows:
|Offices of real estate agents and brokers||51,330|
|Activities related to real estate||51,050|
|Business, professional, labor, political,|
and similar organizations
|Lessors of real estate||44,790|
Property, real estate, and community association managers often must attend evening meetings with residents, property owners, community association boards of directors, or civic groups. As a result, long hours are common. Some apartment managers are required to live in the apartment complexes where they work, so that they are available to handle emergencies, even when they are off duty. Most property, real estate, and community association managers work full time. Many apartment managers get time off during the week so that they can work on weekends to show apartments to prospective renters.
Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2012-13 Edition