Property Manager

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AVG. SALARY

$64,710

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EDUCATION

High school (GED) +

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JOB OUTLOOK

Stable

Money & Outlook

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North Dakota Earnings

Average Annual Wage

$64,710

Entry Annual Wage

$46,180

Experienced Annual Wage

$92,950

Average Hourly Wage

$31.11

Entry Hourly Wage

$22.20

Experienced Hourly Wage

$44.69

Median Hourly Wage

$28.12

North Dakota Regional Earnings

North Dakota Metropolitan Areas Wages

Region Average Entry Level Experienced
Bismarck MSA $66,860 or $32.14/hr $44,770 or $21.53/hr $105,210 or $50.58/hr
Fargo ND-MN MSA $67,560 or $32.48/hr $46,180 or $22.20/hr $102,600 or $49.33/hr
Grand Forks ND-MN MSA $66,030 or $31.75/hr $45,860 or $22.05/hr $96,440 or $46.37/hr
Minot MSA $59,520 or $28.62/hr $40,930 or $19.68/hr $75,850 or $36.46/hr

North Dakota Geographical Areas Wages

Region Average Entry Level Experienced
West North Dakota nonmetropolitan area $61,340 or $29.49/hr $46,730 or $22.47/hr $78,360 or $37.67/hr

North Dakota's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 8%
Job Openings 81 estimated annual job openings
Employment 895 were employed in this occupation
Industries Large concentrations of this occupation are found in these industries
  • Office administrative services (NAICS561100) (2.36%)
  • RV (recreational vehicle) parks and recreational camps (NAICS721200) (1.47%)

North Dakota's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 1 85 7% 1 7 8
Region 2 102 2% 8 8
Region 4 98 1% 8 8
Region 5 352 13% 5 30 35
Region 7 151 7% 1 13 14
Region 8 47 2% 4 4

Regions with decreasing outlook (negative growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 3 18 -17% 2 2
Region 6 34 -12% 2 2

National Earnings

Average Annual Wage

$83,710

Average Hourly Wage

$40.25

Average Annual Range

$41,010 to $139,680

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook stable
  The employment change from 2024 to 2034 is estimated to be +4%.
(The National average for all occupations is +3%)
Job Openings very small number
  A total of 3900 average annual openings are expected for this occupation between 2024 and 2034.
(The National Average for all occupations is 1,696 openings)
Employment large occupation
  This was a large occupation in the United States, employing 466,100 workers in 2024.
(The National average for all occupations is 152,838 workers)
Growth Average growth
  Employment demand will be driven by the number people living in buildings that property management companies operate, such as apartment buildings, condominiums, cooperatives, planned communities, and senior housing. However, the automation of some property management tasks, such as posting vacancies and assigning maintenance requests, may slow employment growth. 
Self-Employment In 2024, 34% of the people in this occupation were self-employed.
Industries Large concentrations of this occupation are found in these industries
  • Real estate and rental and leasing (NAICS530000) (52.5%)
  • Real estate (NAICS531000) (52.4%)
  • Self-employed workers (34%)