Lessors of Residential Buildings and Dwellings — Average Employee Salary

The average employee in the lessors of residential buildings and dwellings industry earns $61,308 per year ($29.48/hour), according to Bureau of Labor Statistics QCEW data.

$61,308
Avg Annual Pay
367,512
Total Employees
66,024
Total Establishments
6
Avg Employees/Business

What Do Lessors of Residential Buildings and Dwellings Workers Earn?

At $61,308/year (equivalent to $29.48/hour for a full-time worker), lessors of residential buildings and dwellings wages are near the national average of ~$65,000.

The typical lessors of residential buildings and dwellings business employs 6 people. These are mid-sized operations where payroll is a significant but manageable expense.

Wages as a Percentage of Revenue

30.1%

For the average lessors of residential buildings and dwellings business generating $1.2M/year with 6 employees at $61,308 each, total payroll represents roughly 30.1% of revenue. Labor is a significant cost but leaves room for other expenses and profit.

What This Means for Business Owners

If you're starting or running a lessors of residential buildings and dwellingsbusiness, here's what the wage data means for your bottom line:

  • Per-employee cost: Budget approximately $79,700/year per employee (salary + ~30% for benefits, taxes, and insurance).
  • Typical team size: 6 employees = ~$367,848/year in base payroll.
  • Hourly equivalent: $29.48/hour base — factor this into pricing and project estimates.
  • Revenue needed: With average revenue of $1.2M/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 Residential Buildings and Dwellings revenue benchmarks →

Frequently Asked Questions

How much do lessors of residential buildings and dwellings employees make?
The average lessors of residential buildings and dwellings employee earns $61,308 per year, which is equivalent to $29.48/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 residential buildings and dwellings industry?
The lessors of residential buildings and dwellings industry employs 367,512 workers across 66,024 establishments in the United States. The average business in this industry has approximately 6 employees.

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