Post job

What is a property developer and how to become one

Updated January 8, 2025
2 min read
There is more than meets the eye when it comes to being a property developer. For example, did you know that they make an average of $24.91 an hour? That's $51,816 a year! Between 2018 and 2028, the career is expected to grow 3% and produce 11,100 job opportunities across the U.S.
ScoreProperty DeveloperUS Average
Salary
4.0

Avg. Salary $51,816

Avg. Salary $59,228

Stability level
8.4

Growth rate 3%

Growth rate 0.3%

Diversity
4.3
Race

American Indian and Alaska Native 0.60%

Asian 5.31%

Black or African American 8.74%

Hispanic or Latino 16.79%

Unknown 4.14%

White 64.42%

Gender

female 32.19%

male 67.81%

Age - 49
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 49
Stress level
8.4

Stress level is high

7.1 - high

Complexity level
8.6

Complexity level is advanced

7 - challenging

Work life balance
4.8

Work life balance is fair

6.4 - fair

Property developer career paths

Key steps to become a property developer

  1. Explore property developer education requirements

    Most common property developer degrees

    Bachelor's

    65.2 %

    Associate

    13.5 %

    Master's

    10.6 %
  2. Start to develop specific property developer skills

    SkillsPercentages
    Real Estate15.16%
    Financial Statements14.35%
    Sub Contractors13.30%
    Property Management13.30%
    Payroll7.59%
  3. Complete relevant property developer training and internships

    Accountants spend an average of 3-6 months on post-employment, on-the-job training. New property developers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a property developer based on U.S. Bureau of Labor Statistics data and data from real property developer resumes.
  4. Research property developer duties and responsibilities

    • Forecast and manage replacement of major capital expense items including HVAC system, roof systems, parking lot surfaces etc.
    • Control and track the accuracy of the payroll.
    • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.
    • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.
  5. Apply for property developer jobs

    Now it's time to start searching for a property developer job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first property developer job

Zippi

Are you a property developer?

Share your story for a free salary report.

Average property developer salary

The average property developer salary in the United States is $51,816 per year or $25 per hour. Property developer salaries range between $31,000 and $85,000 per year.

Average property developer salary
$51,816 Yearly
$24.91 hourly

What am I worth?

salary-calculator

How do property developers rate their job?

Working as a property developer? Share your experience anonymously.
Overall rating*
Career growth
Work/Life balance
Pay/Salary

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Browse executive management jobs