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The differences between residential managers and grant 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 residential manager and a grant manager. Additionally, a grant manager has an average salary of $60,692, which is higher than the $39,112 average annual salary of a residential manager.
The top three skills for a residential manager include developmental disabilities, oversight and incident reports. The most important skills for a grant manager are grants management, financial reports, and oversight.
| Residential Manager | Grant Manager | |
| Yearly salary | $39,112 | $60,692 |
| Hourly rate | $18.80 | $29.18 |
| Growth rate | 12% | 12% |
| Number of jobs | 11,464 | 7,726 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 67% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
A residential manager coordinates and oversees all activities that happen in a residential building. They work with their employers to market their apartments and ensure all the occupants qualify to be in the building. They are often the face of the building and also manage the financials of the residential building. Their duties and responsibilities include marketing the building, encouraging tenants, and keeping financial records of all property operations.
A grant manager is responsible for granting financial assistance and support to various sector programs, evaluating grant applications, and implementing policies from its conceptualization to utilization. Grant managers review the grant documents, ensuring its adherence to internal guidelines and state regulations. They coordinate with clients and project management team to inform them of requirements and processes for approval, including the implementation of strategies to identify grant opportunities and policies. A grant manager handles the grant team for efficient coordination to make sure the efficient execution and analysis of grant programs.
Residential managers and grant managers have different pay scales, as shown below.
| Residential Manager | Grant Manager | |
| Average salary | $39,112 | $60,692 |
| Salary range | Between $29,000 And $52,000 | Between $46,000 And $79,000 |
| Highest paying City | Los Angeles, CA | Arlington, VA |
| Highest paying state | California | New Jersey |
| Best paying company | The Kennedy Center Inc. | Low Income Investment Fund |
| Best paying industry | Government | Finance |
There are a few differences between a residential manager and a grant manager in terms of educational background:
| Residential Manager | Grant Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 67% |
| Most common major | Psychology | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between residential managers' and grant managers' demographics:
| Residential Manager | Grant Manager | |
| Average age | 45 | 45 |
| Gender ratio | Male, 33.7% Female, 66.3% | Male, 29.4% Female, 70.6% |
| Race ratio | Black or African American, 11.7% Unknown, 5.4% Hispanic or Latino, 14.7% Asian, 5.2% White, 62.0% American Indian and Alaska Native, 0.9% | Black or African American, 12.7% Unknown, 5.4% Hispanic or Latino, 14.5% Asian, 5.2% White, 61.3% American Indian and Alaska Native, 0.9% |
| LGBT Percentage | 14% | 14% |