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The differences between real estate managers and senior 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 real estate manager and a senior property manager. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $71,867 average annual salary of a senior property manager.
The top three skills for a real estate manager include financial analysis, property management and project management. The most important skills for a senior property manager are property management, portfolio, and real estate.
| Real Estate Manager | Senior Property Manager | |
| Yearly salary | $86,874 | $71,867 |
| Hourly rate | $41.77 | $34.55 |
| Growth rate | 3% | 3% |
| Number of jobs | 24,751 | 13,475 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements. Real Estate Managers also inform owners about occupancy rates, expiration dates of leases, and other issues.
A Senior Property Manager is responsible for the administration of property operations and the leasing office. They ensure that property management runs smoothly and profits are maximized.
Real estate managers and senior property managers have different pay scales, as shown below.
| Real Estate Manager | Senior Property Manager | |
| Average salary | $86,874 | $71,867 |
| Salary range | Between $58,000 And $129,000 | Between $46,000 And $110,000 |
| Highest paying City | Hartford, CT | Richmond, CA |
| Highest paying state | Connecticut | Washington |
| Best paying company | McKinsey & Company Inc | Albemarle |
| Best paying industry | Finance | Professional |
There are a few differences between a real estate manager and a senior property manager in terms of educational background:
| Real Estate Manager | Senior Property Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between real estate managers' and senior property managers' demographics:
| Real Estate Manager | Senior Property Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 59.2% Female, 40.8% | Male, 41.9% Female, 58.1% |
| Race ratio | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6% | Black or African American, 8.9% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.4% White, 63.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |