Lessors of Other Real Estate Property — Average Employee Salary

The average employee in the lessors of other real estate property industry earns $64,478 per year ($31.00/hour), according to Bureau of Labor Statistics QCEW data.

$64,478
Avg Annual Pay
42,524
Total Employees
10,419
Total Establishments
4
Avg Employees/Business

What Do Lessors of Other Real Estate Property Workers Earn?

At $64,478/year (equivalent to $31.00/hour for a full-time worker), lessors of other real estate property wages are near the national average of ~$65,000.

The typical lessors of other real estate property business employs 4 people. Most operations are small — often owner-operated with a handful of staff. Labor costs are manageable relative to revenue.

Wages as a Percentage of Revenue

23.9%

For the average lessors of other real estate property business generating $1.1M/year with 4 employees at $64,478 each, total payroll represents roughly 23.9% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.

What This Means for Business Owners

If you're starting or running a lessors of other real estate propertybusiness, here's what the wage data means for your bottom line:

  • Per-employee cost: Budget approximately $83,821/year per employee (salary + ~30% for benefits, taxes, and insurance).
  • Typical team size: 4 employees = ~$257,912/year in base payroll.
  • Hourly equivalent: $31.00/hour base — factor this into pricing and project estimates.
  • Revenue needed: With average revenue of $1.1M/business, you need strong utilization rates to maintain healthy margins after payroll.

See how these wages compare to total revenue and profit margins.

View full Lessors of Other Real Estate Property revenue benchmarks →

Frequently Asked Questions

How much do lessors of other real estate property employees make?
The average lessors of other real estate property employee earns $64,478 per year, which is equivalent to $31.00/hour for a full-time worker (2,080 hours/year). This is below the national average of approximately $65,000.
How many people work in the lessors of other real estate property industry?
The lessors of other real estate property industry employs 42,524 workers across 10,419 establishments in the United States. The average business in this industry has approximately 4 employees.

Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).