Residential Property Managers vs Nonresidential Property Managers

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

MetricResidential PropertyNonresidential Property
Average Revenue$2.6M$3.3M
Profit Margin20.0%20.0%
Est. Owner Income$519K$667K
Revenue / Employee$211K$338K
Labor Cost %25.0%25.0%
Total Businesses39,46215,921
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$97K