NAICS 531311: Residential Property Managers
Residential Property Managers is NAICS code 531311. A business is small under it with $12.5 million or less in average annual receipts. No federal contracts are open under this code right now.
- SBA size standard
- $12.5 million or less in average annual receipts
- Open contracts now
- 0
- Federal spending, FY2025
- $119.6 million
- Share won by small businesses
- 71%
- Small businesses registered
- 1,626
What NAICS 531311 covers
The Census Bureau's NAICS index lists these kinds of work under 531311:
- Apartment managers' offices
- Condominium managers' offices, residential
- Cooperative apartment managers' offices
- Managers' offices, residential condominium
- Managing cooperative apartments
- Managing residential condominiums
- Managing residential real estate
- Property managers' offices, residential real estate
- Property managing, residential real estate
- Real estate property managers' offices, residential
- Residential property managing
- Residential real estate property managers' offices
- Resort or vacation property managers' offices
Read the full definition, including what's excluded, on census.gov.
SBA size standard for 531311
To count as a small business for a contract assigned NAICS 531311, your business must have $12.5 million or less in average annual receipts. Receipts are averaged over your last five completed fiscal years.
From SBA's table of size standards, effective Mar 17, 2023. Confirm it with SBA's size standards tool before you certify your size.
Who buys residential property managers
Agencies that awarded the most under NAICS 531311 over the last three fiscal years, per USAspending.gov:
| Agency | Obligated |
|---|---|
| Federal Emergency Management Agency | $368.9 million |
| Department of Housing and Urban Development | $79.7 million |
| Department of Veterans Affairs | $58.6 million |
| Department of the Navy | $55.9 million |
| Department of the Army | $1.2 million |
| Rural Housing Service | $590,720 |
| Department of State | $191,895 |
| National Institutes of Health | $24,007 |
Your competition
1,626 businesses with active SAM.gov registrations are rated small under NAICS 531311, most of them in Florida (184), Texas (176), Georgia (127), California (121) and Virginia (92). Look any of them up with the free CAGE code and UEI lookup.
Federal spending under 531311 by year
| Fiscal year | Contract obligations |
|---|---|
| FY2024 | $224.2 million |
| FY2025 | $119.6 million |
| FY2026 | $221.4 million |
| FY2027 (so far) | $0 |
Source: USAspending.gov, all contract awards with this NAICS code. Fiscal years start October 1.
Related NAICS codes
- 531312 Nonresidential Property Managers
- 531320 Offices of Real Estate Appraisers
- 531390 Other Activities Related to Real Estate
Frequently asked questions
What is NAICS code 531311?
531311 is the 2022 NAICS code for Residential Property Managers. The Census Bureau's index lists work such as apartment managers' offices, condominium managers' offices, residential, cooperative apartment managers' offices under it. Federal contracting uses the 2022 codes.
What is the SBA size standard for NAICS 531311?
$12.5 million or less in average annual receipts. A business at or under that is small for contracts assigned this code. The current SBA table took effect Mar 17, 2023.
Are there government contracts for residential property managers?
None are open on SAM.gov right now, but new notices post daily. You can set up a free alert for this code.
How do I add NAICS code 531311 to my SAM.gov registration?
Update your entity registration on SAM.gov and add the code on the Goods and Services page, in the Assertions section. You can list several NAICS codes and mark one as your primary. Changes are free.
Keep going
- Search other NAICS codes by keyword or company
- How to choose NAICS codes for government contracts
- NAICS codes with the most open federal contracts
FedReady is an independent company, not affiliated with SBA, SAM.gov, the Census Bureau or any government agency. Open-contract counts come from SAM.gov and update daily; spending figures come from USAspending.gov.