Property Management Schools In Maryland
Maryland has 8 accredited property management schools where property management faculty who teach property management classes can find employment. The graphs, statistics and analysis below outline the current state and the future direction of academia in property management in the state of Maryland, which encompasses property management training at the following levels:
- Property Management Certificate
- Bachelors degree in Property Management
- Masters degree in Property Management
Schools
Cities
Statistics
Professional Trends
Maryland Vs. National Property Management Employment
| Maryland | 3,200 |
| National | 147,110 |
Of all of the property management professionals that work in the US, approximately 2% work in Maryland state.
Employment Growth for Property management professionals In Maryland
| 2,270 | 2,550 | 2,830 | 3,040 | 3,200 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
In Maryland, property management is a growing field. In 2010 there were 930 more property management professionals working in Maryland than there were in 2006. Thus, the field of property management has grown by 41% in Maryland. This growth is faster than the change in the number of property management professionals around the country. Nationally, the number of property management professionals has shrunk by 6% from 2006 to 2010.
Property Management VS. All Professions salaries in Maryland
| $74,540 | $75,070 | $77,890 | $74,460 | $73,390 |
| $47,750 | $50,212 | $51,747 | $52,671 | $54,055 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Property Management
- Dark Yellow: All Professions
The salaries paid to property management professionals are declining in Maryland. The mean salary for property management professionals in 2006 was $74,540 per year. And in 2010 the mean salary was $73,390 per year.
Salary percentiles for Property management professionals in Maryland
10th percentile |
$30,620 |
25th percentile |
$46,300 |
50th percentile |
$60,850 |
75th percentile |
$84,850 |
90th percentile |
$126,870 |
Thus, there was a 2% decline in property management professionals' salaries. This decline is quite different from state trends for all professionals. There is a 314% pay differential between the highest paid property management professionals and those in the bottom 10% of the pay bracket. Thus, there is huge variation in pay, within the field of property management in Maryland.
Average Salaries for Property management professionals and related professions in Maryland
Business Administration |
$93,990 |
Business Management |
$96,439 |
Property Management |
$73,390 |
Small Business |
$120,860 |
Property management professionals in Maryland earn, on average, less than their counterparts in related professions.
Educational Trends
Property Management programs available for each degree type for all schools in Maryland
associate |
0 |
bachelor |
1 |
master |
2 |
doctor |
0 |
Certificate |
6 |
| Total | 9 |
The number of students graduating from the 8 accredited property management schools in Maryland is increasing. In 2006 there were 44 property management graduates from property management courses in Maryland and in 2010 there were 72 graduates.
This represents a 64% increase in the number of property management degree or certificate school graduates in Maryland state. A majority of these graduates, or 67%, graduated with a undergraduate certificate in property management.