Years of Experience
Five to nine years of work experience seem to result in median wages of approximately $65K. Between the one and five year mark, pay is typically $52K. When we consider tenure, a substantial portion of employees (44 percent) have been working for 10-19 years and make about $57K annually.
When it comes to location, the highest average paycheck ($75K per year) can be spotted in Chicago; Boston ($65K), Dallas (around $62K), and Denver ($60K) are the next top-paying cities. At $55K, Washington, DC is home to some of the lowest pay in the country. Within the firm, employees working in Illinois take home the most — approximately $75K annually on average.
Construction Managers rake in the most money, with average earnings of about $61K; Property Accountants come in second with typical earnings amounting to $51K, while Assistant Property Managers and Property Managers rank near the top as well (around $51K and $45K, respectively).
Certifications and Degrees
Being a Licensed Real Estate Salesperson certainly has its perks — salaries approach $50K and far exceed the paychecks of those without certification. Bigger paychecks are awarded to Notary Publics with credentials; these people typically earn approximately $50K per year. Employees who have a Bachelor of Science in Accounting make the most here, hauling in around $88K annually.
In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $68K. Folks here also tend to know Property Management; on the survey, about a fourth of workers named it in their skills portfolios. Three more common skills are Budget Management, Microsoft Office, and Customer Service.
Benefits and Perks
Unfortunately, a minority of employees — about two in five workers — are presented with both paid vacation and sick leave. Almost all workers participate in a 401(k) program. A solid majority of workers report having health insurance, and a strong majority of workers report having dental coverage. Lincoln Property Company folks also make good use of life insurance, a subsidized cell phone, tuition reimbursement, and free drinks.