Real Estate Development Manager Salary (United States)

Real Estate Development Managers in the United States usually make around $88,027 per year. Pay generally spreads from $53,847 to $144,370 per year. Total cash earnings range from $52,406 on the low end to $125,782 on the high end and can include bonus and profit sharing proceeds as high as $25K and $15,456, respectively. Career length is the biggest factor affecting pay for this group, followed by the particular city. Most workers in this profession enjoy health benefits; medical and dental coverage is claimed by most, and about half earn vision coverage. Most Real Estate Development Managers are men (77 percent). Job satisfaction for Real Estate Development Managers is high. This synopsis is derived from the responses of individuals who took PayScale's salary survey.
Real Estate Development Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
$52,406 - $125,782
MEDIAN: $80,688
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National Salary Data

XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
$52,406 - $125,782  
$996 - $25,492  
Profit Sharing
$1,939 - $15,456  
$15,500 - $42,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
$53,847 - $144,370  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 284
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Job Description for Real Estate Development Manager

The real estate development manager oversees the day-to-day operations for a real estate development. Additionally, they are responsible for the continued growth and development of the company. Most of the time, a manager provides excellent customer service to develop relationships with current and potential clients; this includes answering queries, responding to complaints, and ensuring clients are satisfied. At times, the real estate development manager must forecast new trends in the ever-changing real estate market. They also need basic accounting skills to handle the budgeting aspect of this role; they must successfully develop and manage department and/or project budgets.
Real Estate Development Manager Tasks
  • Review sites to assess costs and needed steps for zoning, local ordinances, and acceptability.
  • Write recommendations for how to proceed with various properties, neighborhoods and strategies.
  • Analyze existing economic, demographic, market, and environmental variables to identify areas for expansion.

Real Estate Development Manager Job Listings

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Pay by Experience Level for Real Estate Development Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Real Estate Development Managers, experience seems to be a major factor in determining pay. Standard salaries begin at $77K and can reach $86K after five to 10 years. Between one and two decades on the job, workers' pay passes the six-figure mark, with typical earnings around $100K. Pay continues to grow for Real Estate Development Managers after two decades on the job, and average earnings come to $121K. Experienced employees who have 10-20 years of experience make up about a third of the workforce; inexperienced individuals who have been working for less than one year comprise 1 percent, and senior people with more than 20 years under their belt fill out the remaining 13 percent. More than half of respondents report one to nine years of experience.

Pay Difference By Location

New York
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Los Angeles
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National Average
Larger circles over a city indicate a job is popular in that location.
With a pay rate for Real Estate Development Managers that is 32 percent greater than the national average, New York offers a comfortable salary for those in this profession. Seattle, Washington, Los Angeles, and Boston also offer top salaries for Real Estate Development Managers. Workers in these cities can expect to earn about 24 percent, 22 percent, 14 percent, and 11 percent more, respectively.

Related Job Salaries

Experience Affects Real Estate Development Manager Salaries

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National Average
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Skills That Affect Real Estate Development Manager Salaries

Project Management
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Financial Analysis
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National Average

Job Satisfaction

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Extremely satisfied
Rated 5 out of 5 based on 61 votes.


female alumni
male alumni

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 65%
vision benefits Vision: 48% employee benefits None: 12%
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