Residential Property Managers in New York

Revenue benchmarks for residential property managers businesses operating in New York.

#29 of 50 states-23.6% vs national avg

Average Revenue

$2.0M

per year

Businesses

5,191

in New York

Revenue / Employee

$247K

per year

Labor Cost

25.0%

of revenue

Profit Margin

20.0%

industry average

Market Saturation

25.7

firms per 100K in NY

Total Revenue

$10.3B

all firms in NY

Total Employees

41,635

in NY

How New York Compares

National Average$2.6M
New York$2.0M
Difference$611K (-23.6%)