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Property Manager

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AVG. SALARY

$65,690

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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

$65,690

Entry Annual Wage

$36,190

Experienced Annual Wage

$105,960

Average Hourly Wage

$31.58

Entry Hourly Wage

$17.40

Experienced Hourly Wage

$50.94

Median Hourly Wage

$28.92

North Dakota Regional Earnings

North Dakota Metropolitan Areas Wages

Region Average Entry Level Experienced
Bismarck MSA $67,550 or $32.48/hr $43,320 or $20.83/hr $102,820 or $49.43/hr
Fargo ND-MN MSA $68,950 or $33.15/hr $38,080 or $18.31/hr $105,960 or $50.94/hr
Grand Forks ND-MN MSA $61,420 or $29.53/hr $32,620 or $15.69/hr $101,010 or $48.56/hr

North Dakota Geographical Areas Wages

Region Average Entry Level Experienced
East North Dakota nonmetropolitan area $59,060 or $28.39/hr $32,370 or $15.56/hr $109,110 or $52.46/hr
West North Dakota nonmetropolitan area $62,960 or $30.27/hr $32,440 or $15.60/hr $109,110 or $52.46/hr

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

Outlook Stable
Growth rate is estimated to be 10%
Job Openings 83 estimated annual job openings
Employment 925 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 1 100 16% 2 8 10
Region 2 103 10% 1 8 9
Region 4 105 1% 8 8
Region 5 364 17% 6 30 36
Region 7 143 6% 1 11 12

Regions with decreasing outlook (negative growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 3 27 -4% 2 2
Region 6 34 -15% 2 2
Region 8 39 -3% 3 3

National Earnings

Average Annual Wage

$78,400

Average Hourly Wage

$37.69

Average Annual Range

$37,540 to $135,990

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 increasing
  The employment change from 2022 to 2032 is estimated to be +5%.
(The National average for all occupations is +3%)
Job Openings very small number
  A total of 3590 average annual openings are expected for this occupation between 2022 and 2032.
(The National Average for all occupations is 1,670 openings)
Employment large occupation
  This was a large occupation in the United States, employing 429,600 workers in 2022.
(The National average for all occupations is 147,916 workers)
Growth Faster than 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 2022, 37.5% 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) (49.8%)
  • Real estate (NAICS531000) (49.7%)
  • Self-employed workers (37.5%)