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The average salary for a senior property manager is approximately $71,867 per year in the United States. This figure can vary significantly depending on the state and specific job responsibilities. For instance, states with higher living costs, like California and New York, tend to offer higher salaries compared to those in less expensive regions.
Experience also plays a crucial role in determining salary. Entry-level positions may start around $50,000, while seasoned professionals with over ten years in the field can earn upwards of $90,000 annually. Companies often seek candidates with strong leadership skills and a proven track record in property management.
In addition to property management firms, senior property managers are also in demand in real estate investment trusts (REITs), corporate real estate departments, and government agencies. Job seekers should focus on developing skills in financial analysis, tenant relations, and property maintenance to enhance their job prospects.
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The average senior property manager salary in Washington, Connecticut, and California are the highest in the U.S. The lowest average senior property manager salary states are Louisiana, Tennessee, and South Carolina.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $89,322 | $42.94 |
| 2 | California | $87,810 | $42.22 |
| 3 | Arizona | $80,461 | $38.68 |
| 4 | Oregon | $86,557 | $41.61 |
| 5 | Connecticut | $88,689 | $42.64 |
| 6 | Nevada | $78,083 | $37.54 |
| 7 | Pennsylvania | $85,053 | $40.89 |
| 8 | Massachusetts | $86,920 | $41.79 |
| 9 | North Carolina | $71,390 | $34.32 |
| 10 | New York | $74,744 | $35.93 |
| 11 | Rhode Island | $77,548 | $37.28 |
| 12 | Delaware | $68,042 | $32.71 |
| 13 | District of Columbia | $69,691 | $33.51 |
| 14 | Ohio | $67,053 | $32.24 |
| 15 | Illinois | $65,677 | $31.58 |
| 16 | Kansas | $65,583 | $31.53 |
| 17 | Idaho | $69,364 | $33.35 |
| 18 | Utah | $62,346 | $29.97 |
| 19 | New Jersey | $67,480 | $32.44 |
| 20 | Colorado | $61,829 | $29.73 |
| 21 | Michigan | $63,335 | $30.45 |
| 22 | Maryland | $63,045 | $30.31 |
| 23 | New Hampshire | $64,324 | $30.93 |
| 24 | Indiana | $58,193 | $27.98 |
| 25 | Virginia | $60,367 | $29.02 |
| 26 | Montana | $60,839 | $29.25 |
| 27 | Hawaii | $70,282 | $33.79 |
| 28 | Maine | $62,688 | $30.14 |
| 29 | New Mexico | $63,142 | $30.36 |
| 30 | Vermont | $65,785 | $31.63 |
| 31 | Kentucky | $60,343 | $29.01 |
| 32 | Texas | $55,853 | $26.85 |
| 33 | West Virginia | $60,674 | $29.17 |
| 34 | Minnesota | $57,652 | $27.72 |
| 35 | Wisconsin | $55,503 | $26.68 |
| 36 | Florida | $54,222 | $26.07 |
| 37 | Wyoming | $57,814 | $27.80 |
| 38 | Iowa | $56,318 | $27.08 |
| 39 | Alaska | $59,640 | $28.67 |
| 40 | Missouri | $56,708 | $27.26 |
| 41 | Mississippi | $56,339 | $27.09 |
| 42 | South Dakota | $55,855 | $26.85 |
| 43 | Tennessee | $50,869 | $24.46 |
| 44 | North Dakota | $53,514 | $25.73 |
| 45 | Georgia | $49,231 | $23.67 |
| 46 | Arkansas | $51,803 | $24.91 |
| 47 | South Carolina | $49,902 | $23.99 |
| 48 | Nebraska | $51,969 | $24.99 |
| 49 | Alabama | $49,101 | $23.61 |
| 50 | Louisiana | $50,909 | $24.48 |
| 51 | Oklahoma | $49,299 | $23.70 |
The highest-paying cities for senior property managers are Richmond, CA, Seattle, WA, and Boston, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Richmond, CA | $98,065 | $47.15 |
| 2 | Seattle, WA | $90,500 | $43.51 |
| 3 | Boston, MA | $86,668 | $41.67 |
| 4 | Philadelphia, PA | $85,911 | $41.30 |
| 5 | Portland, OR | $85,858 | $41.28 |
| 6 | Reno, NV | $85,794 | $41.25 |
| 7 | New York, NY | $74,793 | $35.96 |
| 8 | Raleigh, NC | $72,850 | $35.02 |
| 9 | Cleveland, OH | $69,880 | $33.60 |
| 10 | Washington, DC | $69,792 | $33.55 |
| 11 | Parsippany-Troy Hills, NJ | $67,693 | $32.54 |
| 12 | Chicago, IL | $66,216 | $31.83 |
| 13 | Detroit, MI | $63,877 | $30.71 |
| 14 | Baltimore, MD | $63,462 | $30.51 |
| 15 | Arlington, VA | $62,472 | $30.03 |
| 16 | Salt Lake City, UT | $61,995 | $29.81 |
| 17 | Denver, CO | $61,722 | $29.67 |
| 18 | Anchorage, AK | $59,643 | $28.67 |
| 19 | Indianapolis, IN | $57,864 | $27.82 |
| 20 | Saint Paul, MN | $57,825 | $27.80 |
A senior property manager's salary ranges from $46,000 a year at the 10th percentile to $110,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $110,000 | $9,167 | $53 |
| 75th Percentile | $90,000 | $7,500 | $43 |
| Average | $71,867 | $5,989 | $35 |
| 25th Percentile | $57,000 | $4,750 | $27 |
| 10th Percentile | $46,000 | $3,833 | $22 |
The highest paying types of senior property managers are acquisitions manager, 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 |
| Leasing Consultant | $32,729 | $2,727 | $15.74 | 11,371 |
| Leasing Professional | $32,944 | $2,745 | $15.84 | 48,976 |
| Building Manager | $66,595 | $5,550 | $32.02 | 15,982 |
| Acquisitions Manager | $97,768 | $8,147 | $47.00 | 9,054 |
| Property Administrator | $39,619 | $3,302 | $19.05 | 56,820 |
Top companies hiring senior property managers now:
Senior property manager salaries at Albemarle and BGC Partners are the highest-paying according to our most recent salary estimates. In addition, the average senior property manager salary at companies like Ernst & Young and Walmart are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Albemarle | $114,211 | $54.91 |
| 2 | BGC Partners | $112,059 | $53.87 |
| 3 | Ernst & Young | $106,286 | $51.10 |
| 4 | Walmart | $101,813 | $48.95 |
| 5 | Alexandria Real Estate Equities | $100,137 | $48.14 |
| 6 | Deloitte | $92,796 | $44.61 |
| 7 | Pwc | $92,113 | $44.29 |
| 8 | Regency Centers | $88,487 | $42.54 |
| 9 | Blue Origin | $87,272 | $41.96 |
| 10 | BDO USA | $86,189 | $41.44 |
| 11 | Prologis | $84,670 | $40.71 |
| 12 | Westmount | $84,427 | $40.59 |
| 13 | Booz Allen Hamilton | $84,063 | $40.41 |
| 14 | Moss Adams | $83,663 | $40.22 |
| 15 | Childress Klein | $83,472 | $40.13 |
| 16 | Ryan | $82,686 | $39.75 |
| 17 | Reno-Tahoe International Airport | $80,601 | $38.75 |
| 18 | Wyndham Hotels & Resorts | $79,854 | $38.39 |
| 19 | Public Storage | $78,241 | $37.62 |
| 20 | Wells Fargo | $77,642 | $37.33 |
The average senior property manager salary has risen by $8,613 over the last ten years. In 2014, the average senior property manager earned $63,254 annually, but today, they earn $71,867 a year. That works out to a 5% change in pay for senior property managers over the last decade.
Compare senior property manager salaries for cities or states with the national average over time.
Compare senior property manager salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $71,900 | $34.55 | +1.5% |
| 2024 | $70,800 | $34.03 | +0.7% |
| 2023 | $70,300 | $33.79 | -0.6% |
| 2022 | $70,700 | $33.98 | +2.8% |
| 2021 | $68,700 | $33.03 | +2.9% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Aresmgmt | Senior Property Manager, LAS Vegas | Nevada | 06/30/2025 | $100,000 |
| Cantor Fitzgerald | Senior Property Manager | Roseville, CA | 06/29/2025 | $95,000 |
| Cushman & Wakefield | SR. Property Manager | Westmont, IL | 06/28/2025 | $102,000 |
| Newmark Group Inc. | Senior Property Manager | Roseville, CA | 06/28/2025 | $95,000 |
| Cushman & Wakefield Inc. | Senior Property Manager | New York, NY | 06/27/2025 | $119,000 |
| Cushman & Wakefield | Senior Property Manager (CRE) | Baltimore, MD | 06/27/2025 | $123,250 |
| Bozzuto | Senior Property Manager | Alexandria, VA | 06/27/2025 | $98,000 |
| Zuckerberg San Francisco General | Senior Property Manager (9386)-Port of SAN Francisco (156875) | San Francisco, CA | 06/27/2025 | $143,078 |
| Tad PGS, Inc. | Senior Property Manager | Washington, DC | 06/26/2025 | $105,000 |
| Mercy Housing | Property Manager-12Th and River Senior Apartments | Boise, ID | 06/26/2025 | $45,914 |
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