Lessors of Nonresidential Buildings (except Miniwarehouses) vs Residential Property Managers

Side-by-side revenue comparison of these two business types.

MetricLessors ofResidential Property
Average Revenue$1.7M$2.6M
Profit Margin20.0%20.0%
Est. Owner Income$341K$519K
Revenue / Employee$331K$211K
Labor Cost %25.0%25.0%
Total Businesses31,28339,462
Startup Cost (Low)$50K$50K
Startup Cost (High)$250K$250K
5-Year Survival Rate50.0%50.0%
YoY Growth5.0%5.0%
Avg Employee Wage$102K$62K