Industry Statistics Sampler
NAICS 531311
Residential property managers

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Definition	Data from the Economic Census					Annual data
	Employers	Nonemployers	Compare to '97	States	Products, Size, etc.

Employers: 2002
Table includes only establishments of firms with payroll. Nonemployers are shown below. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.
NAICS code	Description	Estab- lish- ments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees

53	Real estate & rental & leasing	322,815	335,587,706	60,222,584	1,948,657
531	Real estate	256,086	223,563,114	41,656,938	1,304,841
5313	Activities related to real estate	66,544	43,941,574	18,062,174	514,633
53131	Real estate property managers	38,241	31,091,183	13,651,389	415,470
531311	Residential property managers	26,112	18,793,480	8,129,715	289,854

Nonemployers: 2002
Data based on 2002 Nonemployer Statistics. Table includes only firms subject to federal income tax. Nonemployers are businesses with no paid employees. Introductory text includes scope and methodology. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.
NAICS code	NAICS Title	All firms		Nonemployers				Employers
		Establish- ments	Receipts ($1,000)	Establishments		Receipts		Establish- ments	Revenue ($1,000)
		Establish- ments	Receipts ($1,000)	Number	% of all	$1,000	% of all	Establish- ments	Revenue ($1,000)
N = Not available
53	Real estate & rental & leasing	2,202,857	497,377,835	1,880,042	85.3	161,790,129	32.5	322,815	335,587,706
531	Real estate	2,055,279	379,713,451	1,799,193	87.5	156,150,337	41.1	256,086	223,563,114
5313	Activities related to real estate	542,476	73,581,298	475,932	87.7	29,639,724	40.3	66,544	43,941,574
53131	Real estate property managers	139,331	36,663,145	101,090	72.6	5,571,962	15.2	38,241	31,091,183
531311	Residential property managers	N	N	N	N	N	N	26,112	18,793,480

Definition: NAICS 531311 Residential property managers

This U.S. industry comprises establishments primarily engaged in managing residential real estate for others.

Cross-References.

Establishments primarily engaged in managing nonresidential real estate for others are classified in U.S. Industry 531312, Nonresidential Property Managers;
Establishments primarily engaged in acting as lessors of buildings used as residences or dwellings are classified in Industry 531110, Lessors of Residential Buildings and Dwellings; and
Establishments formed on behalf of individual residential condominium owners or homeowners are classified in Industry 813990, Other Similar Organizations (except Business, Professional, Labor, and Political Organizations).

Historical comparability

NAICS 531311, Residential property managers, is comparable between 2002 and 1997.

For comparisons with data before 1997, see the Bridge Between 1997 NAICS and 1987 SIC.

Comparative Statistics: 2002 and 1997

Data are in current dollars and have not been adjusted for inflation. Table includes only establishments of firms with payroll. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. "% change" rows show percent change between 1997 and 2002.
1997 NAICS code	1997 NAICS Description	Year	Establishments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees

531311	Residential property managers	2002	26,112	18,793,480	8,129,715	289,854
		1997	22,128	12,600,076	5,161,535	235,670
		% change	18.0	49.2	57.5	23.0

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Industry
Snapshot

Geographic Distribution -- Residential property managers: 2002

Data for the Real estate & rental & leasing sector are published for the U.S., states, metropolitan areas, counties, and places.

Table includes only establishments of firms with payroll. Nonemployers are shown above. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.

Other
Indus-
tries

Description

Estab-
lish-
ments

Revenue
($1,000)

Revenue
% of
U.S.

Revenue
per capita
($)

Annual
payroll
($1,000)

Paid
employees

United States

26,112

18,793,480

100.00

8,129,715

289,854

California

4,008

2,760,986

14.69

1,367,778

48,562

New York

2,771

2,154,705

11.47

112

832,478

23,575

Texas

1,774

1,798,543

9.57

684,972

23,576

Florida

1,970

1,190,247

6.33

424,386

16,759

Massachusetts

704

894,509

4.76

139

332,570

9,268

Illinois

1,105

880,923

4.69

402,170

12,673

Georgia

696

690,011

3.67

280,549

9,792

Maryland

611

591,581

3.15

109

286,416

8,930

Ohio

867

500,623

2.66

218,656

8,168

North Carolina

858

469,199

2.50

195,504

7,956

Virginia

620

459,018

2.44

228,572

7,512

Pennsylvania

582

452,380

2.41

224,960

7,041

New Jersey

683

446,080

2.37

173,341

5,446

Colorado

688

405,025

2.16

191,098

7,207

Washington

659

323,596

1.72

126,327

6,366

Minnesota

428

318,016

1.69

154,836

6,811

South Carolina

336

300,064

1.60

127,187

4,273

Indiana

381

286,232

1.52

137,611

5,202

Missouri

347

264,539

1.41

136,747

5,897

Oregon

431

263,392

1.40

118,459

5,621

Tennessee

374

236,912

1.26

103,073

3,955

Wisconsin

398

235,558

1.25

89,636

4,034

Connecticut

294

210,808

1.12

89,565

2,789

Louisiana

252

151,157

0.80

71,019

3,119

Nevada

237

151,135

0.80

70,685

2,543

Utah

240

147,783

0.79

51,641

2,229

Alabama

218

134,672

0.72

58,902

2,519

Hawaii

185

133,687

0.71

108

59,834

2,009

Kansas

262

112,283

0.60

47,901

1,978

Oklahoma

199

88,944

0.47

41,176

1,906

Kentucky

189

81,164

0.43

26,635

1,235

New Hampshire

135

61,265

0.33

28,595

1,164

Arkansas

133

59,707

0.32

29,962

1,493

Nebraska

59,221

0.32

32,107

1,252

Maine

127

56,578

0.30

24,182

986

Rhode Island

54,272

0.29

24,500

797

Iowa

166

48,513

0.26

23,837

1,202

Mississippi

132

45,176

0.24

19,490

1,092

New Mexico

42,561

0.23

11,186

508

Delaware

39,046

0.21

18,425

588

Idaho

133

34,676

0.18

13,396

709

Vermont

25,667

0.14

10,054

390

Alaska

25,218

0.13

10,316

366

South Dakota

23,075

0.12

9,024

475

North Dakota

22,762

0.12

11,166

846

West Virginia

14,103

0.08

4,747

298

Wyoming

13,605

0.07

7,955

289

Montana

12,841

0.07

5,366

301

All other states, including those below

1,203

1,021,422

5.43

490,723

18,147

Michigan

669

(10k-24k)

Arizona

444

(5000-9999)

District of Columbia

(500-999)

Products Lines for Residential property managers
Product code	Product description	Sales of this line ($000)	Percent of industry sales (%)
50000	Industry total	18,793,480	100.00
52201	Residential property management fees	14,648,834	77.95
52202	Nonresidential property management fees	386,050	2.05
52101	Residential property sales - brokerage fees & commissions	203,996	1.09
	-Other	3,554,600	18.91

For more product detail, see the AFF links below for Product Lines

Products, Size, and Other Data from the Economic Census -- Residential property managers
Series number	Title	Contents	Geography
EC02-00C-COMP	Comparative Statistics	2002 and 1997 data side by side on a comparable NAICS 1997 basis	US, states
EC02-53SL-LS	Product Lines	Product Lines by Kind of Business	US
EC02-53SS-SZ	Establishment and Firm Size	Revenue Size of Establishments	US
		Employment Size of Establishments	US
		Single Unit & Multiunit Firms	US
		Revenue Size of Firms	US
		Employment Size of Firms	US
		Concentration by Largest Firms	US
		Legal Form of Organization	US
EC02-53I-06	Industry Series	Preliminary data now superseded	US
EC02-53A	Geographic Area Series	Summary Statistics	US, states, counties, metros

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Data from the Other Census Bureau Programs -- NAICS 531311
Hypertext Tables	Title (with link to data)	Frequency	Contents	Geography
	County Business Patterns	Annual	Employees; payroll; number of establishments by employment size of establishment	US, states, metro areas, counties
	Statistics of U.S. Businesses	Annual	Number of firms, employees, payroll, (and revenue, for 2002 only) by employment-size of the enterprise	US, states, metro areas