Real estate property managers, offices of real estate appraisers, and other activities related to real estate

Industry Group

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Workforce

504k

2020 ACS Estimate

Average Employee Age

46.5

Average Salary

$60,202

Average Male Salary

$67,903

Average Female Salary

$66,567

About

The top three occupations in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group are Property, real estate, & community association managers, Real estate brokers & sales agents, Janitors & building cleaners, Property appraisers and assessors, and Maintenance & repair workers, general. On average, full-time employees in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group work 43.3 hours per week and have an average annual salary of $66,521. Part-time employees in the same industry work 21.4 hours and earn an average annual salary of $29,404.

The locations with the highest concentration of employees in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group are Bedford Park, Fordham North & Norwood PUMA, NY, Calabasas, Agoura Hills, Malibu & Westlake Village Cities PUMA, CA, and Eagle, Summit, Grand & Jackson Counties PUMA, CO. The industry that purchases the most products or services from the Hospitals Industry Group is Real estate property managers, offices of real estate appraisers, and other activities related to real estate.

Workforce

A snapshot of jobs, wages, and opportunities in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group. Property, real estate, & community association managers are the most common position, but the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group employs a relatively high number of Property appraisers and assessors, compared to other industries.

The highest average salary in Real estate property managers, offices of real estate appraisers, and other activities related to real estate goes to Personal financial advisors.

Monthly Employment

Start Year

Y-Axis

1.64%

Year-over-year growth

Employment change between May 2020 and May 2021

As of May 2021, there are 167k people employed in the Activities Related to Real Estate industry. This represents a 1.64% increase in employment when compared to May 2020.

This chart shows monthly employment numbers for Activities Related to Real Estate over time (non-seasonally adjusted).

Occupations by Share

504k

Workforce (ACS Estimate)

± 17.4k

1.19%

1 Year Growth

± 4.84%

According to ACS estimates, the number of people employed in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group has been growing at a rate of 1.19%, , from 498k people in 2019 to 504k people in 2020.

The following graphic shows the share of employment in Real estate property managers, offices of real estate appraisers, and other activities related to real estate by various occupations according to ACS estimates. Property, real estate, & community association managers represent the largest share of positions held in Real estate property managers, offices of real estate appraisers, and other activities related to real estate at 32.6%, followed by Real estate brokers & sales agents with 12% and Janitors & building cleaners with 7.48%.

Most Common

The most common occupations in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group, by number of employees, are Property, real estate, & community association managers, Real estate brokers & sales agents, Janitors & building cleaners, Property appraisers and assessors, and Maintenance & repair workers, general.

Most Specialized

Compared to other Industry Groups, Real estate property managers, offices of real estate appraisers, and other activities related to real estate employs an unusually high number of Property appraisers and assessors, Property, real estate, & community association managers, and Baggage porters, bellhops, & concierges.

Highest Paid

The highest paid occupations in Real estate property managers, offices of real estate appraisers, and other activities related to real estate, by average wage, are Personal financial advisors, Mechanical engineers, and Lawyers, & judges, magistrates, & other judicial workers.

Average Salary

$60,202

AVERAGE WAGE

± $2,392

On average, employees in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group make $60,202 per year. This number makes Real estate property managers, offices of real estate appraisers, and other activities related to real estate the 103 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

HIGHEST PAYING PUMAS

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

Wage Distribution

0.447

WAGE GINI

Real estate property managers, offices of real estate appraisers, and other activities related to real estate has a wage GINI of 0.447, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Real estate property managers, offices of real estate appraisers, and other activities related to real estate (shown in red) in comparison to the national average for those wage buckets (shown in gray).

Spatial Concentration

Public Use Microdata Areas with RCA

This map shows the PUMAs in the United States that have revealed comparative advantage in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

These are locations that employ more people in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group than expected given both the size of that location's overall labor pool and the national size of the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

Diversity

Demographic information on the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $67,903 and $66,567. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

240k

FEMALE WORKFORCE

±12k

263k

MALE WORKFORCE

±12.6k

52.3% of workers in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group are Male, making them the more common sex in the workforce. This chart shows the sex breakdown of the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

Wage by Sex in Common Jobs

$67,903

AVERAGE MALE SALARY

±$3,846

$66,567

AVERAGE FEMALE SALARY

±$3,882

On average, Male workers in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group make 1.02 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

White
Asian
Native Hawaiian and Other Pacific Islander

On average, White employees in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group earn 1.06 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Finance, insurance, real estate, rental, and leasing has the highest single input, by dollars, to the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group, and the largest industry purchasing services from the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group is Finance, insurance, real estate, rental, and leasing.

In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Industrial Flow

The closest comparable data for Real estate property managers, offices of real estate appraisers, and other activities related to real estate is from Finance & Insurance, and Real Estate, Rental & Leasing.

Intermediate Inputs

HIGHEST INPUT INDUSTRY

The Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Finance, insurance, real estate, rental, and leasing Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

LARGEST PURCHASING INDUSTRY

The Finance, insurance, real estate, rental, and leasing Industry purchases the greatest share of products and services from the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group in order to produce other goods and services. Purchases of the Real estate property managers, offices of real estate appraisers, and other activities related to real estate Industry Group for final consumption by consumers, businesses, or government are not included here.