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Condominium manager vs property manager

The differences between condominium managers and property managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a condominium manager and a property manager. Additionally, a condominium manager has an average salary of $76,907, which is higher than the $49,958 average annual salary of a property manager.

The top three skills for a condominium manager include condo, customer service and financial statements. The most important skills for a property manager are customer service, property management, and financial reports.

Condominium manager vs property manager overview

Condominium ManagerProperty Manager
Yearly salary$76,907$49,958
Hourly rate$36.97$24.02
Growth rate3%3%
Number of jobs4,17915,402
Job satisfaction-5
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 50%
Average age4848
Years of experience66

Condominium manager vs property manager salary

Condominium managers and property managers have different pay scales, as shown below.

Condominium ManagerProperty Manager
Average salary$76,907$49,958
Salary rangeBetween $52,000 And $111,000Between $34,000 And $72,000
Highest paying City-New York, NY
Highest paying state-New Jersey
Best paying company-Nokia
Best paying industry-Professional

Differences between condominium manager and property manager education

There are a few differences between a condominium manager and a property manager in terms of educational background:

Condominium ManagerProperty Manager
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Condominium manager vs property manager demographics

Here are the differences between condominium managers' and property managers' demographics:

Condominium ManagerProperty Manager
Average age4848
Gender ratioMale, 52.6% Female, 47.4%Male, 38.1% Female, 61.9%
Race ratioBlack or African American, 8.9% Unknown, 4.2% Hispanic or Latino, 16.8% Asian, 4.9% White, 64.6% American Indian and Alaska Native, 0.6%Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between condominium manager and property manager duties and responsibilities

Condominium manager example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Present management proposals to potential HOA accounts.
  • Interview and process potential rental applicants as well as annual and interim re-certifications for current tenants per HUD regulations.
  • Reinforce Homeowner/Condominium documents and rules and regulations as per association.

Property manager example responsibilities.

  • Manage condominiums for individual investors; enforce lease requirements/community policies.
  • Design and manage all company facebook accounts for residents and prospective residents regarding property information and general interest articles.
  • Update resident and unit information utilizing property management software (OneSite )
  • Maintain OSHA files, employee files, payroll files and staff PTO accruals.
  • Record journal entries for accruals.
  • Process applications and coordinate lease signing with new residents in YARDI.
  • Show more

Condominium manager vs property manager skills

Common condominium manager skills
  • Condo, 23%
  • Customer Service, 21%
  • Financial Statements, 19%
  • HOA, 8%
  • Condominiums, 8%
  • Real Estate, 7%
Common property manager skills
  • Customer Service, 15%
  • Property Management, 14%
  • Financial Reports, 7%
  • Real Estate, 6%
  • Yardi, 6%
  • Resident Retention, 3%

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