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

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

MetricResidential PropertyLessors of
Average Revenue$2.6M$1.7M
Profit Margin20.0%20.0%
Est. Owner Income$519K$341K
Revenue / Employee$211K$331K
Labor Cost %25.0%25.0%
Total Businesses39,46231,283
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$62K$102K