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Property manager salary
Average property manager salary
$49,958
Average Property Manager Salary
The average salary for a property manager in the United States stands at $49,958 per year, translating to about $24 per hour. Salaries can differ significantly based on geographic location, years of experience, and the specific industry in which one is employed. For instance, property managers in urban areas may earn higher salaries than those in rural regions.
Where Can Property Managers Earn More?
Some of the highest paying states for property managers include California, New York, and Massachusetts, where demand for skilled management professionals is robust. Additionally, industries such as real estate, hospitality, and corporate management often offer better compensation packages.
Salary Estimates from Across the Web
Various sources provide slightly different estimates of property manager salaries. Websites like Glassdoor and Payscale offer insights that reflect local market conditions. It's beneficial for job seekers to consider multiple platforms to get a comprehensive view of salary expectations.
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Where can a Property Manager earn more?
Property manager salary estimates from across the web
Average property manager salary by state
The highest-paying states for property managers are New Jersey, New York, and Connecticut. The lowest average property manager salary states are Indiana, Kentucky, and Alabama.
- State view
- County view
Highest paying states for property managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $60,389 | $29.03 |
| 2 | New Jersey | $61,181 | $29.41 |
| 3 | Connecticut | $60,205 | $28.94 |
| 4 | Washington | $55,876 | $26.86 |
| 5 | Pennsylvania | $52,919 | $25.44 |
| 6 | California | $54,820 | $26.36 |
| 7 | Massachusetts | $54,370 | $26.14 |
| 8 | Oregon | $55,270 | $26.57 |
| 9 | Michigan | $51,075 | $24.56 |
| 10 | Rhode Island | $53,834 | $25.88 |
| 11 | Idaho | $57,405 | $27.60 |
| 12 | Nevada | $46,990 | $22.59 |
| 13 | Arizona | $46,408 | $22.31 |
| 14 | Maryland | $50,264 | $24.17 |
| 15 | Colorado | $48,013 | $23.08 |
| 16 | Hawaii | $56,725 | $27.27 |
| 17 | Illinois | $45,682 | $21.96 |
| 18 | Alaska | $52,798 | $25.38 |
| 19 | District of Columbia | $49,163 | $23.64 |
| 20 | Utah | $44,190 | $21.25 |
| 21 | Ohio | $44,009 | $21.16 |
| 22 | Wisconsin | $45,752 | $22.00 |
| 23 | Virginia | $46,700 | $22.45 |
| 24 | Delaware | $47,645 | $22.91 |
| 25 | Texas | $42,934 | $20.64 |
| 26 | North Dakota | $45,993 | $22.11 |
| 27 | Vermont | $48,270 | $23.21 |
| 28 | Maine | $45,807 | $22.02 |
| 29 | South Dakota | $45,771 | $22.01 |
| 30 | Florida | $43,516 | $20.92 |
| 31 | Wyoming | $45,127 | $21.70 |
| 32 | New Hampshire | $44,527 | $21.41 |
| 33 | Minnesota | $42,943 | $20.65 |
| 34 | Iowa | $42,240 | $20.31 |
| 35 | New Mexico | $43,919 | $21.11 |
| 36 | Missouri | $41,793 | $20.09 |
| 37 | West Virginia | $41,289 | $19.85 |
| 38 | North Carolina | $40,101 | $19.28 |
| 39 | Indiana | $39,429 | $18.96 |
| 40 | Oklahoma | $41,856 | $20.12 |
| 41 | Nebraska | $42,022 | $20.20 |
| 42 | Mississippi | $41,685 | $20.04 |
| 43 | Louisiana | $41,118 | $19.77 |
| 44 | Georgia | $37,756 | $18.15 |
| 45 | Montana | $39,753 | $19.11 |
| 46 | Kentucky | $39,371 | $18.93 |
| 47 | Kansas | $39,653 | $19.06 |
| 48 | South Carolina | $40,081 | $19.27 |
| 49 | Arkansas | $38,182 | $18.36 |
| 50 | Alabama | $38,408 | $18.47 |
| 51 | Tennessee | $35,930 | $17.27 |
Highest paying cities for property managers
The highest-paying cities for property managers are New York, NY, San Francisco, CA, and Vancouver, WA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $60,617 | $29.14 |
| 2 | San Francisco, CA | $58,760 | $28.25 |
| 3 | Vancouver, WA | $57,217 | $27.51 |
| 4 | Urban Honolulu, HI | $56,753 | $27.29 |
| 5 | Portland, OR | $55,153 | $26.52 |
| 6 | Boston, MA | $54,259 | $26.09 |
| 7 | Philadelphia, PA | $53,626 | $25.78 |
| 8 | Baltimore, MD | $50,797 | $24.42 |
| 9 | Washington, DC | $49,211 | $23.66 |
| 10 | Fort Collins, CO | $48,067 | $23.11 |
| 11 | Phoenix, AZ | $46,617 | $22.41 |
| 12 | Portland, ME | $46,541 | $22.38 |
| 13 | Las Vegas, NV | $46,442 | $22.33 |
| 14 | Richmond, VA | $46,027 | $22.13 |
| 15 | Chicago, IL | $45,924 | $22.08 |
| 16 | Cleveland, OH | $45,777 | $22.01 |
| 17 | Milwaukee, WI | $45,708 | $21.98 |
| 18 | Miami, FL | $44,396 | $21.34 |
| 19 | Salt Lake City, UT | $44,133 | $21.22 |
| 20 | San Antonio, TX | $44,112 | $21.21 |
Property Managers are the most in-demand in these five cities:
Property manager salary details
A property manager's salary ranges from $34,000 a year at the 10th percentile to $72,000 at the 90th percentile.
What is a property manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $72,000 | $6,000 | $35 |
| 75th Percentile | $60,000 | $5,000 | $29 |
| Average | $49,958 | $4,163 | $24 |
| 25th Percentile | $41,000 | $3,417 | $20 |
| 10th Percentile | $34,000 | $2,833 | $16 |
Highest paying property manager jobs
The highest paying types of property managers are assistant site manager, acquisitions manager, and director of property management.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Leasing Consultant | $32,729 | $2,727 | $15.74 | 11,371 |
| Leasing Agent | $33,660 | $2,805 | $16.18 | 32,462 |
| Building Manager | $66,595 | $5,550 | $32.02 | 15,982 |
| Acquisitions Manager | $97,768 | $8,147 | $47.00 | 9,054 |
| Communications Manager | $81,304 | $6,775 | $39.09 | 26,350 |
| Real Estate Manager | $86,874 | $7,240 | $41.77 | 24,751 |
Top companies hiring property managers now:
Which companies pay property managers the most?
Property manager salaries at Nokia and Ernst & Young are the highest-paying according to our most recent salary estimates. In addition, the average property manager salary at companies like Roofstock and ICW Group are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Nokia | $100,968 | $48.54 |
| 2 | Ernst & Young | $86,267 | $41.47 |
| 3 | Roofstock | $67,353 | $32.38 |
| 4 | ICW Group | $65,262 | $31.38 |
| 5 | Hudson Pacific Properties | $64,027 | $30.78 |
| 6 | Douglas Emmett, Inc. | $63,917 | $30.73 |
| 7 | Tesoro | $63,647 | $30.60 |
| 8 | Brookfield Properties | $63,111 | $30.34 |
| 9 | Crescent Heights | $62,968 | $30.27 |
| 10 | BioMed Realty | $62,539 | $30.07 |
| 11 | G6 Hospitality | $62,296 | $29.95 |
| 12 | BGC Partners | $61,092 | $29.37 |
| 13 | Brandywine Realty Trust | $60,622 | $29.15 |
| 14 | GNP Company | $60,454 | $29.06 |
| 15 | Sage Hospitality Group | $60,452 | $29.06 |
| 16 | InvenTrust Properties | $59,893 | $28.79 |
| 17 | Pwc | $59,809 | $28.75 |
| 18 | InterContinental Hotels Group Resources, Inc. | $59,357 | $28.54 |
| 19 | CFM International | $58,978 | $28.35 |
| 20 | Cubic | $58,955 | $28.34 |
Wage gap by gender, race and education
Property Manager salary by industry
The average property manager salary varies across industries:
- The average property manager salary in the professional industry is $50,963, the highest of any industry.
- The average property manager salary in the finance industry is $50,163.
- Property managers in the real estate industry earn an average salary of $47,098, the lowest of any industry.
Highest paying industries for property managers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Professional | $50,963 | $24.50 |
| 2 | Hospitality | $50,163 | $24.12 |
| 3 | Finance | $49,720 | $23.90 |
| 4 | Retail | $49,143 | $23.63 |
| 5 | Manufacturing | $48,244 | $23.19 |
| 6 | Real Estate | $47,098 | $22.64 |
High paying property manager jobs
Property manager salary trends
The average property manager salary has risen by $5,987 over the last ten years. In 2014, the average property manager earned $43,971 annually, but today, they earn $49,958 a year. That works out to a 5% change in pay for property managers over the last decade.
Compare property manager salaries for cities or states with the national average over time.
Average property manager salary over time
Compare property manager salaries for individual cities or states with the national average.
Property manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $50,000 | $24.02 | +1.5% |
| 2024 | $49,200 | $23.66 | +0.7% |
| 2023 | $48,900 | $23.49 | -0.6% |
| 2022 | $49,100 | $23.62 | +2.8% |
| 2021 | $47,800 | $22.96 | +2.9% |
Recently added property manager salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Tailwind Technologies | Property Manager | Miami, FL | 06/30/2025 | $65,000 |
| Equity Lifestyle Properties | Property Manager | Amboy, IL | 06/30/2025 | $79,000 |
| Equity Lifestyle Properties | Property Manager | Fresno, CA | 06/30/2025 | $68,640 |
| Transwestern | Property Manager | Rockville, MD | 06/30/2025 | $110,000 |
| Transwestern | Property Manager | Anaheim, CA | 06/30/2025 | $80,000 |
| Connexion Systems + Engineering | Property Manager | Cheyenne, WY | 06/30/2025 | $60,000 |
| Aresmgmt | Property Manager | Noma, FL | 06/30/2025 | $90,000 |
| Cantor Fitzgerald | Manager, Property | Morristown, NJ | 06/29/2025 | $85,000 |
| Winncompanies | Property Manager III (Carol Gardens) | New York, NY | 06/29/2025 | $84,000 |
| Winncompanies | Property Manager II (7TH Avenue Village) | Los Angeles, CA | 06/29/2025 | $62,610 |
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