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Resident manager vs senior property manager

The differences between resident 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 resident manager and a senior property manager. Additionally, a senior property manager has an average salary of $71,867, which is higher than the $50,811 average annual salary of a resident manager.

The top three skills for a resident manager include resident care, CPR and medication administration. The most important skills for a senior property manager are property management, portfolio, and real estate.

Resident manager vs senior property manager overview

Resident ManagerSenior Property Manager
Yearly salary$50,811$71,867
Hourly rate$24.43$34.55
Growth rate3%3%
Number of jobs17,46813,475
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 64%
Average age4848
Years of experience66

What does a resident manager do?

A resident manager's role focuses on maintaining and supervising residential and rental properties, even hotels. Typically an in-house employee, it is a resident manager's responsibility to oversee all maintenance operations to ensure that the property is at optimal condition, assess staff's performance, prepare and manage budgets, and produce progress reports for the company or property owner. They mostly respond to inquiries from guests or tenants, even processing payments when necessary. Moreover, a resident manager may address issues and concerns, providing corrective measures while adhering to the policies and standards.

What does a senior property manager do?

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.

Resident manager vs senior property manager salary

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

Resident ManagerSenior Property Manager
Average salary$50,811$71,867
Salary rangeBetween $31,000 And $82,000Between $46,000 And $110,000
Highest paying CityNew York, NYRichmond, CA
Highest paying stateNew YorkWashington
Best paying companyWestinghouse Appliances AustraliaAlbemarle
Best paying industryInternetProfessional

Differences between resident manager and senior property manager education

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

Resident ManagerSenior Property Manager
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Resident manager vs senior property manager demographics

Here are the differences between resident managers' and senior property managers' demographics:

Resident ManagerSenior Property Manager
Average age4848
Gender ratioMale, 39.6% Female, 60.4%Male, 41.9% Female, 58.1%
Race ratioBlack 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%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 Percentage12%12%

Differences between resident manager and senior property manager duties and responsibilities

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.
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Senior property manager example responsibilities.

  • Forecast and manage replacement of major capital expense items including HVAC system, roof systems, parking lot surfaces etc.
  • Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
  • Use advance Yardi skills to process accounts receivable/payable, review budget reports, and analyze performance reports.
  • Ensure that all building systems, electrical, plumbing, HVAC, and fire systems are property maintain and service.
  • Coordinate the transition of the accounting process moving from JD Edwards to Yardi, and the subsequent reconciliation of tenant accounts.
  • Supervise and oversee all tenant/Landlord development/redevelopment work/budgets within designate portfolio.
  • Show more

Resident manager vs senior property manager skills

Common resident manager skills
  • Resident Care, 10%
  • CPR, 8%
  • Medication Administration, 7%
  • Developmental Disabilities, 6%
  • Crisis Intervention, 5%
  • Property Management, 5%
Common senior property manager skills
  • Property Management, 16%
  • Portfolio, 12%
  • Real Estate, 11%
  • Yardi, 5%
  • Property Inspections, 5%
  • Construction Projects, 4%

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