Number of Nonresidential Property Managers Businesses in the US (2000–2023)
As of 2023
76,436
nonresidential property managers businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The nonresidential property managers industry has grown 70% since 2000 (from 44,954 to 76,436 firms).
- •The peak year was 2023 with 76,436 firms.
- •Recent trend (last 5 years): the industry is growing (+8.1%).
- •Employment: 853,894 workers in 2023 (72.6% change since 2000).
- •Estimated 5-year survival rate: 57%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 76,436 | 102,436 | 853,894 | 14.5% | 10.7% | +5.5% |
| 2022 | 75,511 | 95,705 | 778,455 | 14.4% | 11.3% | +4.2% |
| 2021 | 74,569 | 93,819 | 749,441 | 12.5% | 9.6% | -0.1% |
| 2020 | 72,263 | 91,103 | 748,541 | 11.2% | 9.1% | +3.0% |
| 2019 | 70,704 | 88,942 | 721,371 | 11.4% | 9.4% | +1.9% |
| 2018 | 69,374 | 87,038 | 709,125 | 11.5% | 8.8% | +1.8% |
| 2017 | 67,268 | 84,270 | 695,132 | 12.1% | 9.2% | +4.1% |
| 2016 | 65,851 | 82,382 | 674,502 | 13.0% | 10.1% | +3.8% |
| 2015 | 64,683 | 80,219 | 659,132 | 11.8% | 9.3% | +1.3% |
| 2014 | 63,430 | 78,155 | 648,211 | 12.6% | 10.1% | +2.3% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.