Property Management Schools In Massachusetts
Massachusetts has 3 accredited property management schools where property management faculty who teach property management classes can find employment. The following statistics and charts help analyze the current state of the property management academic community in Massachusetts, and the future trends in property management training at the following levels:
- Property Management Certificate
- Bachelors degree in Property Management
Schools
Cities
Statistics
Professional Trends
Massachusetts Vs. National Property Management Employment
| Massachusetts | 3,500 |
| National | 147,110 |
Approximately 2% of the country's property management professionals work in Massachusetts state.
Employment Growth for Property management professionals In Massachusetts
| 3,570 | 3,500 | 3,380 | 3,370 | 3,500 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Yellow: Actual Values
Property Management is a shrinking field in Massachusetts. In 2010 there were 70 less property management professionals working in Massachusetts than there were in 2006. So, in four years, the number of property management professionals has shrunk by 2%. This decline is slower than the national trend for property management professionals which shows a 6% decrease in the number of property management professionals working around the nation.
Property Management VS. All Professions salaries in Massachusetts
| $63,020 | $66,290 | $70,150 | $77,680 | $80,990 |
| $49,058 | $52,712 | $53,675 | $55,178 | $56,645 |
| 2006 | 2007 | 2008 | 2009 | 2010 |
|---|
- Light Blue: Property Management
- Dark Yellow: All Professions
The amount earned by property management professionals is increasing in Massachusetts. In 2006 property management professionals made a mean salary of $63,020 per year, and in 2010 they made $80,990 per year.
Salary percentiles for Property management professionals in Massachusetts
10th percentile |
$40,750 |
25th percentile |
$52,160 |
50th percentile |
$71,150 |
75th percentile |
$99,190 |
90th percentile |
$140,220 |
This represents a 22% growth in salaries. State trends for all professions mirror this growth. There is a 244% 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 Massachusetts.
Average Salaries for Property management professionals and related professions in Massachusetts
Business Administration |
$102,900 |
Business Management |
$119,986 |
Property Management |
$80,990 |
Small Business |
$119,110 |
In Massachusetts, property management professionals make, on average, less than their counterparts in related professions.
Educational Trends
Property Management programs available for each degree type for all schools in Massachusetts
associate |
0 |
bachelor |
1 |
master |
0 |
doctor |
0 |
Certificate |
3 |
| Total | 4 |
The number of students graduating from the 3 accredited property management schools in Massachusetts is increasing. In 2006 there were 41 property management graduates from property management courses in Massachusetts and in 2010 there were 56 graduates.
Thus there was a 37% percent increase in the number of property management school degree or certificate graduates in Massachusetts. A majority of these graduates, or 75%, graduated with a undergraduate certificate in property management.