Residential Property Managers in Minnesota

Revenue benchmarks for residential property managers businesses operating in Minnesota.

#7 of 50 states+31.7% vs national avg

Average Revenue

$3.4M

per year

Businesses

537

in Minnesota

Revenue / Employee

$179K

per year

Labor Cost

25.0%

of revenue

Profit Margin

20.0%

industry average

Market Saturation

9.4

firms per 100K in MN

Total Revenue

$1.8B

all firms in MN

Total Employees

10,263

in MN

How Minnesota Compares

National Average$2.6M
Minnesota$3.4M
Difference+$823K (+31.7%)