upper level job

How much does a Property Manager make?

As of April 01, 2025, the average annual salary for a Property Manager in the United States is $104,491. Salary.com reports that pay typically ranges from $94,924 to $116,024, with most professionals earning between $86,214 and $126,524.

Property Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $116,024 $9,669 $2,231 $56
Average $104,491 $8,708 $2,009 $50
25th Percentile $94,924 $7,910 $1,825 $46

Average Salary

25% $94,924 10% $86,214 90% $126,524 75% $116,024 $104,491 50%(Median)
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How much does a Property Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Property Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Property Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

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

An entry-level Property Manager with less than 1 year of experience earns about $100,921. With 1-2 years of experience, the average salary increases to $101,350. For 2-4 years of experience, the pay typically rises to $102,778. Senior-level professionals with 5-8 years of experience earn around $104,491, and those with over 8 years of experience can expect an average of $107,417.

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 greatly between cities due to factors like cost of living, local economies, and industry presence.

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

What is the salary trend of Property Manager?

As of April 01, 2025, our research reveals a significant shift in Property Manager compensation over the past six years. For example, the median salary increased from $95,244 in 2023 to approximately $95,816 in 2024. (For a detailed analysis of Property Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

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 is the average salary of a Property Manager?

The average annual salary of Property Manager is $104,491. In case you are finding an easy salary calculator, the average hourly pay of Property Manager is $50; the average weekly pay of Property Manager is $2,009; the average monthly pay of Property Manager is $8,708.

2. Where can a Property Manager earn the most?

A Property Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Property Manager earns the most in San Jose, CA, where the annual salary of a Property Manager is $131,794.

3. What is the highest pay for Property Manager?

The highest pay for Property Manager is $126,524.

4. What is the lowest pay for Property Manager?

The lowest pay for Property Manager is $86,214.

5. 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.

6. 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 provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Property Manager is $104,491 per year in the United States, updated at April 01, 2025.
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