upper level job

How much does a Property Manager make hourly?

As of April 01, 2025, the average hourly pay of Property Manager in the United States is $50. While Salary.com is seeing that Property Manager salary in the US can go up to $61 or down to $41, but most earn between $46 and $56. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Property Manager in the United States.

Property Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $56 $5 $1 $0
Average $50 $4 $1 $0
25th Percentile $46 $4 $1 $0
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What is the yearly and monthly salary as a Property Manager?

As of April 01, 2025, the average annual salary is $104,491 (range: $86,214 to $126,524); the average monthly salary is $8,708 (range: $7,184 to $10,544).

Click the switch button below to see weekly and hourly salary of a Property Manager.

Last Updated on April 01, 2025

How Does Experience Level Affect a Property Manager's Salary?

As of April 01, 2025, Salary.com is seeing that an entry-level Property Manager with under 1 year experience makes about $100,921. With less than 2 years of experience, a mid-level Property Manager makes around $101,350. After 2-4 years, the Property Manager pay rises to about $102,778. Those senior Property Manager with 5-8 years of experience earn roughly $104,491, and those Property Manager having 8 years or more experience is expected to earn about $107,417 on average.

Levels Salary
Entry Level Property Manager $100,921
Intermediate Level Property Manager $101,350
Senior Level Property Manager $102,778
Specialist Level Property Manager $104,491
Expert Level Property Manager $107,417
$100,921 0 yr
$101,350 < 2 yrs
$102,778 2-4 yrs
$104,491 5-8 yrs
$107,417 > 8 yrs
Last Updated on April 01, 2025
Entry Level 3%
Mid Level 3%
Senior Level 2%
Top Level 0%
Experienced 3%
View as graph
Last Updated on April 01, 2025

How much does salary of Property Manager vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of April 01, 2025, the average yearly salary of Property Manager in San Francisco, CA is $130,499 and in New York, NY, the average annual salary goes to $121,095. While a Property Manager earns $116,539 per year in Boston, MA.

What is the salary trend of Property Manager?

For those exploring the changing dynamics of Property Manager salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of April 01, 2025, our research highlights a notable shift in Property Manager compensation over the past six years. For instance, the median salary has moved from $95,244 in 2023 to about $95,816 in 2024 (for a comprehensive analysis of Property Manager salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Property Manager Over Time

2020
$???
2021
$???
2022
$???
$95,244
2023
$95,816
2024
$95,252
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$95,244
2024
$95,816
2025
$95,252
2026
$???
Last Updated on April 01, 2025

Property Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $95,244
2024 $95,816
2025 $95,252
2026 View More
Last Updated on April 01, 2025

Job Openings of Property Manager

Salary.com job board provides millions of Property Manager information for you to search for. Click on search button below to see Property Manager job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 71.7%
Bonuses 0.0%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 5.7%
Pension 3.9%
Time Off 8.8%
Core Compensation
Core Compensation Median % of Total
Base Salary $104,491 71.7%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $7,994 5.5%
401K/403B $4,389 3.0%
Disability $2,090 1.4%
Healthcare $8,352 5.7%
Pension $5,643 3.9%
Time Off $12,860 8.8%
Total Compensation $145,818 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Property Manager with different levels of education?

Salaries for Property Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Property Manager with a Bachelor's Degree is $107,058 - $116,132. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Property Manager Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Property Manager
Degree Level % of user with this level of education
No Diploma 1.4%
High School 30.4%
Associates 15.3%
Bachelors 43.5%
Masters 8.8%
Doctorate 0.6%
Typical Education for Property Manager
No Diploma 1.4%
High School 30.4%
Associates 15.3%
Bachelors 43.5%
Masters 8.8%
Doctorate 0.6%
view as table

Property Manager Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Property Manager

1. What are the responsibilities of Property Manager?

Manages the day-to-day operations for a property or portfolio of properties. Responsible for coordinating routine and emergency maintenance, selecting and managing contractors, and leading property improvement projects. Develops financial and business plans for profitable property ownership. Oversees budgets, lease administration, and tenant service delivery. May initiate or assist with the buying and selling properties in the portfolio. Requires a bachelor's degree. Typically reports to senior management. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

2. What are the skills of Property Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.)

Lease Administration: Documenting, reporting, and coordinating the day-to-day duties to ensure the fulfillment of obligations outlined within the contract.

3.)

Background Check: A background check or background investigation is a review of a potential employee's criminal, commercial and financial records. The goal of background checks is to ensure the safety and security of the employees in the organisation

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average hourly salary for a Property Manager is $50 per hour in the United States, updated at April 01, 2025.
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