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Property Management in Washington

Author.Name IBISWorld United States Last Updated: April 2025 NAICS WA53131

Property Management in Washington industry analysis

The Property Management industry in Washington is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x,xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x billion.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to x,xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x billion.

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About the Property Management in Washington Market Research Report

What’s Included in the Property Management in Washington Market Research Report

Definition of the Property Management in Washington?

Companies in this industry manage residential and nonresidential real estate for property owners. Property management responsibilities relate to the overall operation of a property, including maintenance, rent collection, trash removal, security and some renovation activities. Industry players may also help manage a property’s accounting, but operations related to the transactions of properties or real estate investments are not included in this industry.

What’s included in the Property Management in Washington?

The Property Management in Washington includes residential property management, nonresidential property management, real estate agent and brokerage services and construction management. Related terms covered in the Property Management in Washington industry report includes a place of residence, such as an apartment or house, the amount of unoccupied real estate space as a percentage of total available space, a legal entity that uses pooled investor capital to purchase and manage income property or mortgage loans. to qualify as an reit, the entity must distribute at least 90.0% of taxable income and a commercial office building that commands the highest rent due to the attractiveness and prestige associated with location, tenancy, amenities and overall desirability.

Industry Performance of the Property Management industry in Washington

Benchmark the Property Management in Washington industry performance with all WA county and national performance.

Property Management in Washington

#13 in Highest Revenue 2.4% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Property Management in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Property Management industry in Washington

See how key industry drivers, such as population, median houshold income, new business formation, corporate profit, rental vacancy rates and homeownership rate are impacting Property Management in Washington

Washington Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in WA State Economic profile

US Key External Drivers

Corporate profit
Rental vacancy rates
Homeownership rate

For the full list of industry drivers, see report purchase options.

County Data of the Property Management industry in Washington

Access proprietary data on county in the Property Management in Washington, such as King County, Clark County and Pierce County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Property Management industry in Washington

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Property Management industry in Washington in 2025?

The market size of the Property Management industry in Washington is $3.2bn in 2025.

How many businesses are there in the Property Management industry in Washington in 2025?

There are 10,072 businesses in the Property Management industry in Washington, which has been growing at an average annual rate of 2.5% from 2020 to 2025.

Has the Property Management industry in Washington grown or declined over the past 5 years?

The market size of the Property Management industry in Washington has been growing at an average annual rate of 2.4% from 2020 to 2025.

How many employees in the Property Management industry in Washington in 2025?

There are 22,704 employees in the Property Management industry in Washington, which has been growing at an average annual rate of 1.3% from 2020 to 2025.