Real Estate Development Manager in Washington, District of Columbia Salary

How much does a Real Estate Development Manager make in Washington, DC? A Real Estate Development Manager in Washington enjoys a hefty income, with the average salary surpassing six figures ($117,835) per year. This is 25% above the national average for a Real Estate Development Manager which is $87,824 annually. Salaries for a Real Estate Development Manager in Washington range from $58,462 per year to $169,853 annually. Total Annual Compensation, which includes salary and bonus for a Real Estate Development Manager in Washington ranges from $59,002 to $192,031 annually. Job satisfaction is reported as 0 out of 5 stars. In Washington, men make up the majority of the workforce (64 percent). Many report receiving medical, dental, and vision benefits from their employer.

$58,462 - $169,853
$58K
$120K
$170K
MEDIAN: $117,835
10%
50%
90%

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$0$192K
Salary $58,462 - $169,853
Bonus $-0.50 - $31,562
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).
)
$59,002 - $192,031
  • Country: United States
  • Currency: USD
  • Updated: 16 Nov 2017
  • Individuals Reporting: 14

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.

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Real Estate Development Manager Tasks

  • Analyze existing economic, demographic, market, and environmental variables to identify areas for expansion.
  • Write recommendations for how to proceed with various properties, neighborhoods and strategies.
  • Review sites to assess costs and needed steps for zoning, local ordinances, and acceptability.

About Washington, District of Columbia

District of Columbia, District of Columbia
672,228
Male:
319,705 (47.6%)
Female:
352,523 (52.4%)
Washington, D.C., formally the District of Columbia and commonly referred to as "Washington", "the District", or simply "D.C.", is the capital of the United States. The signing of the Residence Act on July 16, 1790, approved the creation of a capital district located along the Potomac River on the country's East Coast. The U.S. Constitution provided for a federal district under the exclusive jurisdiction of the Congress and the District is therefore not a part of any state. The states of Maryland and Virginia each donated land to form the federal district, which included the pre-existing settlements of Georgetown and Alexandria. Named in honor of President George Washington, the City of Washington was founded in 1791 to serve as the new national capital. In 1846, Congress returned the land originally ceded by Virginia; in 1871, it created a single municipal government for the remaining portion of the District. Washington had an estimated...
Washington:
$75,628
District of Columbia:
$75,628
$1,417
Washington:
$551,300
District of Columbia:
$551,300
5.0%

Real Estate Development Manager Job Listings

Key Stats for Real Estate Development Manager

Gender

Female
36 %
Male
64 %
1-4 years
31%
5-9 years
31%
10-19 years
25%
20 years or more
13%

Skills That Affect Real Estate Development Manager Salaries

Real Estate
▼0%

Financial Analysis
▼0%

National Average
$124,000

Project Management
▼1%

Gender

Female
36 %
Male
64 %

Years of Experience

1-4 years
31%
5-9 years
31%
10-19 years
25%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 79%
vision benefits
Vision: 71%
no benefits
None: 14%