Local market data · Property management companies · New York
AI for property management companies in New York
The New York metro area had 5,738 property management companies in 2022, the most of all 384 US metros and 10% of all in the country. They employed 46,103 people at an average of $66,645 a year. 84% have fewer than 10 staff, so the same few people answer the phone, book, follow up and do the paperwork. Those are the jobs AI tools take on today.
Talk through your property management company with the person who builds it
A free 30-minute call. You leave knowing which part of your property management company to hand to AI first, what we would build, and roughly how long it takes.
Property management companies in New York vs the US
| New York metro | United States | |
|---|---|---|
| Businesses | 5,738 | 57,435 |
| People employed | 46,103 | 507,375 |
| Average staff per business | 8.0 | 8.8 |
| Average yearly pay per employee | $66,645 | $58,002 |
| Share with fewer than 10 staff | 84% | 84% |
Pay here is 15% higher than the national average for property management companies, so every hour of staff time costs more to spend on admin. The average property management company here has 8.0 people on payroll, 9% lower than the US figure of 8.8.
How big property management companies in New York are
Businesses with paid employees, by number of employees, March 2022.
Property management companies by county in the New York area
New York County has the most, with 1,534 of the metro's 5,738 (27%). Among the 10 big metros on this page, New York ranks 3rd for average pay and 4th for the share of small firms.
| County | Businesses | Employees | Avg pay |
|---|---|---|---|
| New York County | 1,534 | 17,268 | $78,413 |
| Kings County | 1,070 | 5,021 | $50,790 |
| Queens County | 511 | 3,391 | $61,177 |
| Nassau County | 402 | 2,317 | $69,622 |
| Bronx County | 352 | 3,446 | $53,472 |
| Westchester County | 305 | 2,440 | $70,714 |
| Suffolk County | 220 | 1,071 | $60,775 |
| Ocean County | 191 | 1,355 | $56,886 |
| Bergen County | 183 | 1,292 | $72,252 |
| Essex County | 171 | 979 | $61,969 |
| Hudson County | 153 | 987 | $61,979 |
| Rockland County | 137 | 1,417 | $51,261 |
10 smaller counties not shown. Census withholds pay where few firms would make it identifiable.
Where AI helps a property management company first
Property managers get the most from AI on the repeat work: tenant maintenance requests, rental inquiries, rent reminders and owner updates. A system can answer the routine ones, sort real emergencies from routine repairs, and keep a record of every message. A person handles anything involving safety, money or the law.
What your team's admin hours cost in New York
Change any number. The starting values are the New York averages above; the hours and the share are yours to set.
Those hours cost you$102,400 a year
The share you would hand off$30,720 a year
Hours your team gets back960 a year
See what we would build for thisGuides for property management companies, one job each
- Get more customers for property management companies
- Never miss a call for property management companies
- Follow up automatically for property management companies
- Booking and scheduling for property management companies
- More reviews for property management companies
- Marketing and content for property management companies
- Show up on Google and ChatGPT for property management companies
- Cut admin and paperwork for property management companies
- A dashboard that runs itself for property management companies
Property management companies in other big metros
| Metro | Businesses | Avg pay | Rank of 387 |
|---|---|---|---|
| Los Angeles | 3,776 | $58,737 | 2nd |
| Chicago | 1,274 | $63,770 | 5th |
| Miami | 1,860 | $54,480 | 3rd |
| Dallas | 1,357 | $66,302 | 4th |
| Houston | 1,115 | $61,707 | 9th |
| Atlanta | 955 | $65,709 | 12th |
| Washington | 1,197 | $73,197 | 7th |
| Philadelphia | 794 | $65,407 | 14th |
| Boston | 995 | $70,332 | 11th |
Where these numbers come from
From the U.S. Census Bureau, County Business Patterns 2022 (released 2024), industry code NAICS 531311 (Residential property managers), for the New York-Newark-Jersey City, NY-NJ metro area (22 counties). It counts businesses with paid employees in March 2022, so solo owners with no payroll are not in it. Average pay is total yearly payroll divided by employees. The calculator uses 50 working weeks and 2,080 hours a year. Page checked 2026-11-12.
Find the hours your property management company can get back
A free 30-minute call. You leave knowing which part of your property management company to hand to AI first, what we would build, and roughly how long it takes.