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The differences between real estate developers and property developers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a real estate developer and a property developer. Additionally, a real estate developer has an average salary of $93,510, which is higher than the $51,816 average annual salary of a property developer.
The top three skills for a real estate developer include financial statements, property management and due diligence. The most important skills for a property developer are real estate, financial statements, and sub contractors.
| Real Estate Developer | Property Developer | |
| Yearly salary | $93,510 | $51,816 |
| Hourly rate | $44.96 | $24.91 |
| Growth rate | 3% | 3% |
| Number of jobs | 87,865 | 75,312 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 65% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
Real estate developers and property developers have different pay scales, as shown below.
| Real Estate Developer | Property Developer | |
| Average salary | $93,510 | $51,816 |
| Salary range | Between $66,000 And $131,000 | Between $31,000 And $85,000 |
| Highest paying City | Catonsville, MD | - |
| Highest paying state | Connecticut | - |
| Best paying company | RSM US | - |
| Best paying industry | Media | - |
There are a few differences between a real estate developer and a property developer in terms of educational background:
| Real Estate Developer | Property Developer | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between real estate developers' and property developers' demographics:
| Real Estate Developer | Property Developer | |
| Average age | 48 | 48 |
| Gender ratio | Male, 66.9% Female, 33.1% | Male, 67.8% Female, 32.2% |
| Race ratio | Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 17.0% Asian, 5.4% White, 63.8% American Indian and Alaska Native, 0.6% | Black or African American, 8.7% Unknown, 4.1% Hispanic or Latino, 16.8% Asian, 5.3% White, 64.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |