The table below provides information about the number of workers in this career in various regions. It also provides information about the expected growth rate and future job openings.

Employment

Major employers:

• Apartment complexes
• Property management firms
• Real estate agencies

Outlook

Demand for this career is expected to grow faster than average. More people are living in apartments, buildings, and housing developments that require property managers. As the population ages, more assisted care and retirement communities will be built. This will also increase the need for property managers. However, some tasks have been automated such as posting vacancies and assigning maintenance requests, which limits growth.

Many job openings will occur as property managers move to other careers or retire. Job prospects are best for those with a bachelor's degree in business or property management.

Property and Real Estate Managers (CIS 100166)