B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
1%
1% -- market growth rate for U.S. property management industry (2023)
The U.S. property management industry has grown at a CAGR of 1.0% over the past five years.
Attribution:
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
1%
Unit
Percentage
Data Vintage
2023
Entity
Geography
US
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
lakelandpropertymanagementinc.com
Primary
Tier C
https://www.lakelandpropertymanagementinc.com/blog/why-hire-a-property-management-service ↗
Source Article
Why Hire a Property Management Service?
The U.S. property management industry was worth an estimated $114.9 billion in 2023. As more and more landlords realize the benefits of using a management company, the industry continues to grow at a CAGR of 1.0% as it has over the past five years.
A property manager can take landlord responsibiliti…
Original Research
lakelandpropertymanagementinc.com
· Original study ↗
Methodology
Five-year compound annual growth rate cited by blog; original source not identified
Methodology documented
Segmentation
IndustryReal Estate
RegionUS
Channelcontent
Cite this stat
Plain Text
U.S. property management industry: 1% market growth rate. Source: lakelandpropertymanagementinc.com (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/us-property-management-cagr-5yr
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<blockquote cite="https://lighthousedata.io/data/us-property-management-cagr-5yr" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>1%</strong> -- market growth rate for U.S. property management industry<br><small>Source: lakelandpropertymanagementinc.com (2023) · <a href="https://lighthousedata.io/data/us-property-management-cagr-5yr" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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