Employment
536,933
Total employees (Census CBP)
Real Estate and Rental and Leasing ·NAICS 531311
NAICS 531311 · IRS SOI 2023 · Census CBP
Residential Property Managers - Industry Benchmarks
$58,786/yr average annual pay, with 1,289 SBA loans on record for NAICS 531311.
- 13.8%
- Real Estate and Rental and Leasing sector margin
- 537K
- Workers employed
- $58,786/yr
- Avg payroll / employee
- $450M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 531311
California leads Residential Property Managers activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Real Estate and Rental and Leasing sector runs a 13.8% net margin.
- 13.8%
- Real Estate and Rental and Leasing sector margin (IRS SOI)
- 537K
- Workers employed (Census CBP)
- $58,786/yr
- Avg payroll / employee
- $450M
- SBA lending, FY20–26
Benchmarking Insights for Residential Property Managers
Residential Property Managers sits inside Real Estate and Rental and Leasing, a sector that runs a 13.8% net margin overall.
60,818 establishments employ 536,933 workers (8.8/location) at $58,786/yr average annual pay. California leads employment, followed by Florida and Texas.
Avg Payroll / Employee
$58,786/yr
Annual compensation
Establishments
60,818
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 29,558; establishment count increased by 3,383. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Workforce scale
Financial Detail
- Annual Payroll (Total)
- $31.6B
- Avg Employees per Establishment
- 8.8
Top States by Employment
| State | Employment |
|---|---|
| California | 75,662 |
| Florida | 55,358 |
| Texas | 46,350 |
| New York | 46,013 |
| Georgia | 17,315 |
| Massachusetts | 16,914 |
| Ohio | 14,896 |
| Colorado | 14,671 |
| Virginia | 14,458 |
| Washington | 14,409 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
1,289
Total Loan Volume
$450M
Avg Loan Size
$349K
Jobs Supported
9,725
Program Breakdown
7(a) 1,163 (90%)
504 126 (10%)
Top SBA Lender
United Midwest Savings Bank National Association
181 loans in this industry
New Business Share
32.0% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 147
2021 166
2022 185
2023 187
2024 276
2025 276
2026 52
Frequently Asked Questions
How profitable is Residential Property Managers?
IRS SOI doesn't publish margin data at the NAICS 531311 level. California leads this industry nationally. The broader Real Estate and Rental and Leasing sector runs a 13.8% net margin (IRS SOI 2023).
How many businesses are in Residential Property Managers?
60,818 business establishments. Together they employ 536,933 workers.
What is the average payroll per employee in Residential Property Managers?
$58,786/yr average annual pay per employee. Businesses average 8.8 employees per establishment.
Which states have the most Residential Property Managers employment?
California leads with 75,662 workers. Florida (55,358) and Texas (46,350) round out the top three.
How much SBA lending does Residential Property Managers receive?
Residential Property Managers businesses received 1,289 SBA loans totaling $450 million between FY2020 and FY2026. The average loan size was $349K. These loans supported 9,725 jobs at origination. Most lending (90%) came through the SBA 7(a) program.
Comparable industry benchmarks
These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.
How this ranks: Its Census employment total exceeds 94% of that same 801-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.
Closest workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
Benchmarking Residential Property Managers
- No margin data, check the parent industry. Browse Real Estate and Rental and Leasing
- 60,818 establishments, 536,933 workers. Payroll benchmarks
- 1,289 SBA loans on record. SBA lending rankings
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 531311 · Data year: 2023
According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.
Read our methodology - how this data is sourced, computed, and verified.
Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023
Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.