Condominium manager vs resident manager

The differences between condominium managers and resident 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 resident manager. Additionally, a condominium manager has an average salary of $76,907, which is higher than the $50,811 average annual salary of a resident manager.

The top three skills for a condominium manager include condo, customer service and financial statements. The most important skills for a resident manager are resident care, CPR, and medication administration.

Condominium manager vs resident manager overview

	Condominium Manager	Resident Manager
Yearly salary	$76,907	$50,811
Hourly rate	$36.97	$24.43
Growth rate	3%	3%
Number of jobs	4,179	17,468
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 48%
Average age	48	48
Years of experience	6	6

Condominium manager vs resident manager salary

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

	Condominium Manager	Resident Manager
Average salary	$76,907	$50,811
Salary range	Between $52,000 And $111,000	Between $31,000 And $82,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Westinghouse Appliances Australia
Best paying industry	-	Internet

Differences between condominium manager and resident manager education

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

	Condominium Manager	Resident Manager
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 48%
Most common major	Business	Business
Most common college	University of Southern California	University of Southern California

Condominium manager vs resident manager demographics

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

	Condominium Manager	Resident Manager
Average age	48	48
Gender ratio	Male, 52.6% Female, 47.4%	Male, 39.6% Female, 60.4%
Race ratio	Black 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, 8.4% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.2% White, 64.4% American Indian and Alaska Native, 0.6%
LGBT Percentage	12%	12%

Differences between condominium manager and resident 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.

Resident manager example responsibilities.

Achieve low turnover and evictions by instituting consistent move-in compliance criteria.
Manage resident and facility accounts, budgets, social security applications, and Medicare and Medicaid benefits.
Monitor and maintain patient charts including, MDS per state, federal regulations along with facility policies and procedures.
Maintain and review incident reports and take appropriate actions according to department policy and OPWDD regulations.
Experience in Onesite system software.
Collect and post rent into YARDI.

Condominium manager vs resident manager skills

Common condominium manager skills

Condo, 23%
Customer Service, 21%
Financial Statements, 19%
HOA, 8%
Condominiums, 8%
Real Estate, 7%

Common resident manager skills

Resident Care, 10%
CPR, 8%
Medication Administration, 7%
Developmental Disabilities, 6%
Crisis Intervention, 5%
Property Management, 5%

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Condominium Manager
Condominium Manager vs Resident Manager

Updated January 8, 2025

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