Property Manager

salary graphic

AVG. SALARY

$64,700

education graphic

EDUCATION

High school (GED) +

job outlook graphic

JOB OUTLOOK

Stable

Money & Outlook

:

Go

North Dakota Earnings

Average Annual Wage

$64,700

Entry Annual Wage

$39,680

Experienced Annual Wage

$95,340

Average Hourly Wage

$31.11

Entry Hourly Wage

$19.08

Experienced Hourly Wage

$45.84

Median Hourly Wage

$27.66

North Dakota Regional Earnings

North Dakota Metropolitan Areas Wages

Region Average Entry Level Experienced
Bismarck MSA $66,230 or $31.84/hr $38,260 or $18.39/hr $92,870 or $44.65/hr
Fargo ND-MN MSA $64,990 or $31.24/hr $39,680 or $19.08/hr $92,110 or $44.28/hr
Grand Forks ND-MN MSA $64,580 or $31.05/hr $37,160 or $17.87/hr $102,580 or $49.32/hr
Minot MSA $59,750 or $28.73/hr $29,890 or $14.37/hr $90,620 or $43.57/hr

North Dakota Geographical Areas Wages

Region Average Entry Level Experienced
East North Dakota nonmetropolitan area $61,280 or $29.46/hr $43,330 or $20.83/hr $90,720 or $43.62/hr
West North Dakota nonmetropolitan area $67,660 or $32.53/hr $46,380 or $22.30/hr $112,960 or $54.31/hr

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

Outlook Stable
Growth rate is estimated to be 10%
Job Openings 92 estimated annual job openings
Employment 1,015 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 92 13% 1 8 9
Region 2 108 3% 8 8
Region 5 441 19% 8 37 45
Region 7 165 7% 1 13 14
Region 8 48 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 29 -3% 2 2
Region 4 90 -1% 7 7
Region 6 32 -19% -1 2 1

National Earnings

Average Annual Wage

$82,720

Average Hourly Wage

$39.77

Average Annual Range

$39,360 to $141,040

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 2023 to 2033 is estimated to be +3%.
(The National average for all occupations is +4%)
Job Openings very small number
  A total of 3780 average annual openings are expected for this occupation between 2023 and 2033.
(The National Average for all occupations is 1,724 openings)
Employment large occupation
  This was a large occupation in the United States, employing 467,100 workers in 2023.
(The National average for all occupations is 150,944 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 2023, 37.4% 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) (50.6%)
  • Real estate (NAICS531000) (50.5%)
  • Self-employed workers (37.4%)