The 10 States With The Highest Property Manager Salaries For 2019

By Chris Kolmar - May. 17, 2019

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Without fail, in surveys across basically every demographic, the number one most important aspect of a job for most people is the salary — how much do property managers get paid where I live?

And while there are many things to go into how much you, specifically, can expect to make, there’s really good data for average salaries for property managers by state across America broken down by seniority level. So while your city may be slightly different than the state average, these averages give you a rough sense of what to expect for your salary.

To better understand how salaries change across America, we decided to take a look the most recent data from the Bureau of Labor Statistics on average pay for property managers by state.

Additionally, we wanted to adjust the salary based on the cost of living in a state — because your salary goes further in North Carolina than it does in California.

The state with the best salary for property managers after this adjustment? That would be Property, Real Estate, And Community Association Managers.

Here’s a quick snapshot of the top ten states for salaries:

  1. Oklahoma
  2. Georgia
  3. Virginia
  4. Colorado
  5. Texas
  6. Washington
  7. New York
  8. Michigan
  9. Iowa
  10. Pennsylvania

Let’s take a look at how we got here and a full ranking of all the states.

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How we determined pay by state

As we mentioned earlier, we took the average annual salary data for property managers from the 2018 Bureau of Labor Statistics — specifically their ‘Occupational Employment Statistics.’

To make the comparison of salaries apples to apples across states, we also took into account the cost of living in each state.

We then created an index by dividing the average wage for a state by the cost of living relative to average. As an example, the cost of living index in California is 135.9 and the average pay is $76510, so our index value would be:

$76,510 * (100 / 135.9) = $56,298

We then ranked every state on this criteria with the state with the highest salary index ranking as highest average salary for property managers.

Here’s a look at the full ranking for all states.

Detailed List Of Property Manager Salaries By State

Rank State Adjusted Salary Average Wage Cost Of Living
1 Oklahoma $104,091 $92,850 89.2
2 Georgia $97,943 $89,520 91.4
3 Virginia $96,805 $97,580 100.8
4 Colorado $89,499 $92,900 103.8
5 Texas $86,460 $78,420 90.7
6 Washington $86,178 $90,660 105.2
7 New York $85,938 $112,580 131.0
8 Michigan $81,426 $72,470 89.0
9 Iowa $79,340 $72,200 91.0
10 Pennsylvania $78,688 $79,790 101.4
11 Rhode Island $78,657 $94,940 120.7
12 New Jersey $76,152 $92,830 121.9
13 North Carolina $74,792 $70,230 93.9
14 Illinois $73,054 $69,110 94.6
15 Alabama $71,151 $64,890 91.2
16 West Virginia $67,569 $63,110 93.4
17 Arizona $67,234 $65,890 98.0
18 Massachusetts $67,113 $89,530 133.4
19 Ohio $67,014 $62,860 93.8
20 Minnesota $66,736 $67,270 100.8
21 South Carolina $66,189 $65,660 99.2
22 Wisconsin $65,320 $63,230 96.8
23 Wyoming $65,087 $59,750 91.8
24 Delaware $64,082 $64,980 101.4
25 Tennessee $62,986 $56,310 89.4
26 Florida $62,767 $61,700 98.3
27 Alaska $61,502 $80,630 131.1
28 Maryland $60,916 $76,450 125.5
29 Missouri $59,491 $53,780 90.4
30 Nebraska $58,460 $53,550 91.6
31 New Mexico $58,300 $56,260 96.5
32 Kansas $57,886 $52,040 89.9
33 Indiana $57,687 $51,630 89.5
34 Connecticut $56,977 $72,760 127.7
35 Arkansas $56,750 $49,430 87.1
36 California $56,298 $76,510 135.9
37 New Hampshire $56,205 $65,760 117.0
38 Oregon $54,757 $63,300 115.6
39 Kentucky $54,099 $48,960 90.5
40 Vermont $53,864 $65,230 121.1
41 Louisiana $53,765 $50,970 94.8
42 North Dakota $52,867 $52,550 99.4
43 Nevada $51,936 $53,650 103.3
44 Utah $51,451 $47,850 93.0
45 Maine $49,205 $54,520 110.8
46 Mississippi $48,102 $41,320 85.9
47 Montana $47,599 $47,980 100.8
48 Idaho $39,956 $36,800 92.1
49 Hawaii $39,452 $66,240 167.9
50 South Dakota $38,582 $40,010 103.7

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Author

Chris Kolmar

Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.

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