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Commercial property manager salary
Average commercial property manager salary
$61,361
Understanding the Commercial Property Manager Salary
The role of a commercial property manager involves overseeing various commercial properties, ensuring they are well-maintained and profitable. The average salary in this field is approximately $61,361 per year, translating to about $30 per hour. Salaries can vary significantly based on factors such as location, years of experience, and the type of property managed.
Salary by State
In states like California and New York, commercial property managers often earn higher salaries compared to their counterparts in other regions. Understanding these regional salary differences can help you make informed career decisions.
Industries Offering Higher Salaries
Additionally, those working in industries such as real estate and facilities management may see increased earning potential. By evaluating salary estimates from various sources and comparing them with job opportunities available, prospective managers can gain valuable insights into their earning prospects.
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Where can a Commercial Property Manager earn more?
Commercial property manager salary estimates from across the web
Average commercial property manager salary by state
The average commercial property manager salary in California, Connecticut, and New York are the highest in the U.S. The lowest average commercial property manager salary states are Florida, Colorado, and Louisiana.
- State view
- County view
Highest paying states for commercial property managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $85,876 | $41.29 |
| 2 | Connecticut | $82,362 | $39.60 |
| 3 | New York | $80,846 | $38.87 |
| 4 | Maryland | $75,308 | $36.21 |
| 5 | Nevada | $74,964 | $36.04 |
| 6 | District of Columbia | $74,371 | $35.76 |
| 7 | Oregon | $76,699 | $36.87 |
| 8 | Massachusetts | $75,453 | $36.28 |
| 9 | New Jersey | $72,109 | $34.67 |
| 10 | Washington | $70,652 | $33.97 |
| 11 | Pennsylvania | $69,262 | $33.30 |
| 12 | Utah | $60,515 | $29.09 |
| 13 | Rhode Island | $73,087 | $35.14 |
| 14 | Virginia | $63,261 | $30.41 |
| 15 | Delaware | $62,179 | $29.89 |
| 16 | Ohio | $57,691 | $27.74 |
| 17 | Arizona | $57,734 | $27.76 |
| 18 | Hawaii | $63,097 | $30.34 |
| 19 | Michigan | $59,297 | $28.51 |
| 20 | North Carolina | $55,967 | $26.91 |
| 21 | Idaho | $59,934 | $28.81 |
| 22 | New Hampshire | $61,104 | $29.38 |
| 23 | Minnesota | $59,023 | $28.38 |
| 24 | Vermont | $61,679 | $29.65 |
| 25 | Texas | $52,481 | $25.23 |
| 26 | Kansas | $55,701 | $26.78 |
| 27 | Illinois | $50,710 | $24.38 |
| 28 | Maine | $58,606 | $28.18 |
| 29 | Tennessee | $51,845 | $24.93 |
| 30 | West Virginia | $53,442 | $25.69 |
| 31 | Georgia | $48,579 | $23.36 |
| 32 | Indiana | $46,252 | $22.24 |
| 33 | New Mexico | $55,547 | $26.71 |
| 34 | Kentucky | $51,406 | $24.71 |
| 35 | Montana | $51,428 | $24.73 |
| 36 | Wisconsin | $49,728 | $23.91 |
| 37 | Alaska | $50,430 | $24.25 |
| 38 | Missouri | $47,950 | $23.05 |
| 39 | Mississippi | $47,102 | $22.65 |
| 40 | South Dakota | $49,565 | $23.83 |
| 41 | Florida | $43,472 | $20.90 |
| 42 | Wyoming | $50,297 | $24.18 |
| 43 | Arkansas | $41,365 | $19.89 |
| 44 | Colorado | $43,133 | $20.74 |
| 45 | Iowa | $44,756 | $21.52 |
| 46 | South Carolina | $44,152 | $21.23 |
| 47 | North Dakota | $44,910 | $21.59 |
| 48 | Alabama | $40,722 | $19.58 |
| 49 | Louisiana | $42,905 | $20.63 |
| 50 | Nebraska | $44,880 | $21.58 |
| 51 | Oklahoma | $41,707 | $20.05 |
Highest paying cities for commercial property managers
The highest-paying cities for commercial property managers are San Francisco, CA, Stamford, CT, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $97,262 | $46.76 |
| 2 | Stamford, CT | $81,812 | $39.33 |
| 3 | New York, NY | $81,070 | $38.98 |
| 4 | Boston, MA | $75,473 | $36.29 |
| 5 | Bethesda, MD | $74,421 | $35.78 |
| 6 | Washington, DC | $74,354 | $35.75 |
| 7 | Olympia, WA | $73,834 | $35.50 |
| 8 | Atlantic City, NJ | $70,456 | $33.87 |
| 9 | Richmond, VA | $62,923 | $30.25 |
| 10 | Grand Rapids, MI | $57,435 | $27.61 |
| 11 | Albuquerque, NM | $55,959 | $26.90 |
| 12 | Tucson, AZ | $55,692 | $26.77 |
| 13 | Charlotte, NC | $54,030 | $25.98 |
| 14 | Austin, TX | $52,783 | $25.38 |
| 15 | Memphis, TN | $51,261 | $24.64 |
| 16 | Alpharetta, GA | $48,969 | $23.54 |
| 17 | Chesterfield, MO | $48,347 | $23.24 |
| 18 | Miami, FL | $43,966 | $21.14 |
| 19 | Sioux City, IA | $43,178 | $20.76 |
| 20 | Denver, CO | $42,976 | $20.66 |
Commercial property manager salary details
A commercial property manager's salary ranges from $36,000 a year at the 10th percentile to $103,000 at the 90th percentile.
What is a commercial property manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $103,000 | $8,583 | $50 |
| 75th Percentile | $80,000 | $6,667 | $38 |
| Average | $61,361 | $5,113 | $30 |
| 25th Percentile | $46,000 | $3,833 | $22 |
| 10th Percentile | $36,000 | $3,000 | $17 |
Highest paying commercial property manager jobs
The highest paying types of commercial property managers are product lead, director of property management, and real estate manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Leasing Agent | $33,660 | $2,805 | $16.18 | 32,462 |
| Product Lead | $118,828 | $9,902 | $57.13 | 95,557 |
| Leasing Consultant | $32,729 | $2,727 | $15.74 | 11,371 |
| Leasing Professional | $32,944 | $2,745 | $15.84 | 48,976 |
| Manager | $58,651 | $4,888 | $28.20 | 1,236,194 |
| Property Administrator | $39,619 | $3,302 | $19.05 | 56,820 |
Top companies hiring commercial property managers now:
Which companies pay commercial property managers the most?
Commercial property manager salaries at Western Alliance Bank and Essex Property Trust are the highest-paying according to our most recent salary estimates. In addition, the average commercial property manager salary at companies like W. R. Berkley and EMC Insurance are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Western Alliance Bank | $127,261 | $61.18 |
| 2 | Essex Property Trust | $126,499 | $60.82 |
| 3 | W. R. Berkley | $107,942 | $51.90 |
| 4 | EMC Insurance | $98,609 | $47.41 |
| 5 | The Travelers Companies | $97,226 | $46.74 |
| 6 | GuideOne Insurance | $91,945 | $44.20 |
| 7 | Building and Land Technology | $87,236 | $41.94 |
| 8 | Monster Products | $85,165 | $40.94 |
| 9 | Ryan | $80,393 | $38.65 |
| 10 | GPAC | $76,099 | $36.59 |
| 11 | BERKLEY TECHNOLOGY SERVICES | $69,513 | $33.42 |
| 12 | Lincoln Property Company | $68,159 | $32.77 |
| 13 | American Services | $65,701 | $31.59 |
| 14 | Rockford Construction | $64,203 | $30.87 |
| 15 | Malace | $60,637 | $29.15 |
| 16 | Retail Properties Of America | $59,982 | $28.84 |
| 17 | Oakbrook Solutions | $59,914 | $28.80 |
| 18 | JWilliams Staffing | $57,257 | $27.53 |
| 19 | Randstad North America, Inc. | $57,176 | $27.49 |
| 20 | CBRE Group | $56,952 | $27.38 |
Wage gap by gender, race and education
Commercial Property Manager salary by industry
The average commercial property manager salary varies across industries:
- The average commercial property manager salary in the non profits industry is $56,205, the highest of any industry.
- The average commercial property manager salary in the finance industry is $56,205.
- Commercial property managers in the government industry earn an average salary of $40,911, the lowest of any industry.
Highest paying industries for commercial property managers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Non Profits | $56,205 | $27.02 |
| 2 | Transportation | $56,205 | $27.02 |
| 3 | Real Estate | $55,583 | $26.72 |
| 4 | Government | $40,911 | $19.67 |
High paying commercial property manager jobs
Commercial property manager salary trends
The average commercial property manager salary has risen by $7,354 over the last ten years. In 2014, the average commercial property manager earned $54,007 annually, but today, they earn $61,361 a year. That works out to a 5% change in pay for commercial property managers over the last decade.
Compare commercial property manager salaries for cities or states with the national average over time.
Average commercial property manager salary over time
Compare commercial property manager salaries for individual cities or states with the national average.
Commercial property manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $61,400 | $29.50 | +1.5% |
| 2024 | $60,400 | $29.06 | +0.7% |
| 2023 | $60,000 | $28.85 | -0.6% |
| 2022 | $60,300 | $29.01 | +2.8% |
| 2021 | $58,700 | $28.21 | +2.9% |
Recently added commercial property manager salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Cantor Fitzgerald | Commercial Property Manager | Richmond, VA | 06/29/2025 | $85,000 |
| BG Staffing Inc. | Commercial Retail Property Manager | Alpharetta, GA | 06/27/2025 | $90,000 |
| BGSF | Commercial Property Manager | Bellevue, WA | 06/27/2025 | $98,000 |
| Cushman & Wakefield Inc. | Commercial Property Manager | Baltimore, MD | 06/27/2025 | $85,000 |
| Cirrus Asset Management | Commercial Property Manager | Los Angeles, CA | 06/27/2025 | $70,000 |
| BG Staffing Inc. | Commercial Property Manager | Houston, TX | 06/26/2025 | $75,000 |
| Thomas Park | Commercial Property Manager | Ione, WA | 06/26/2025 | $90,000 |
| BG Staffing Inc. | Commercial Property Manager | Newark, NJ | 06/25/2025 | $100,000 |
| TGG Accounting | Accounting Manager): Commercial Property Management~Encino (ZIP 91316) | Los Angeles, CA | 06/25/2025 | $85,000 |
| Thomas | Commercial Property Manager | Fairfax, VA | 06/24/2025 | $90,000 |
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