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The differences between residential managers and home 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 home manager. Additionally, a home manager has an average salary of $75,914, 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 home manager are home health, patients, and patient care.
| Residential Manager | Home Manager | |
| Yearly salary | $39,112 | $75,914 |
| Hourly rate | $18.80 | $36.50 |
| Growth rate | 12% | 12% |
| Number of jobs | 11,464 | 49,494 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 43% |
| 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 home manager is responsible for a home's overall operation. Your duties typically include managing household schedules and calendars, planning and organizing events, and overseeing maintenance projects. In addition, you will be tasked to manage household bills and ensure good upkeep and maintenance of the house. Other duties include supervising other members of the household staff, ensuring the security and safety of the property at all times, and running errands, including shopping. You will also be responsible for managing the household inventory.
Residential managers and home managers have different pay scales, as shown below.
| Residential Manager | Home Manager | |
| Average salary | $39,112 | $75,914 |
| Salary range | Between $29,000 And $52,000 | Between $50,000 And $114,000 |
| Highest paying City | Los Angeles, CA | Santa Cruz, CA |
| Highest paying state | California | Pennsylvania |
| Best paying company | The Kennedy Center Inc. | JPMorgan Chase & Co. |
| Best paying industry | Government | Manufacturing |
There are a few differences between a residential manager and a home manager in terms of educational background:
| Residential Manager | Home Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 43% |
| Most common major | Psychology | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between residential managers' and home managers' demographics:
| Residential Manager | Home Manager | |
| Average age | 45 | 45 |
| Gender ratio | Male, 33.7% Female, 66.3% | Male, 25.8% Female, 74.2% |
| 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, 12.2% Unknown, 5.4% Hispanic or Latino, 14.4% Asian, 5.4% White, 61.8% American Indian and Alaska Native, 0.9% |
| LGBT Percentage | 14% | 14% |