Construction & Real Estate
Property Manager Salary
Property managers oversee operations and maintenance of residential and commercial properties.
Median Salary
$60,670
Mean Salary
$68,200
Total Employed
401,900
Job Growth
+3%
Property Manager Salary by Experience Level
Entry-level property managers earn around $38,000 per year, while mid-career professionals earn $62,000. Senior-level property managers can earn $105,000 or more.
Entry Level (0-2 yrs)
$38,000 Mid Level (3-7 yrs)
$62,000 Senior Level (8+ yrs)
$105,000 Salary Percentile Breakdown
The salary range for property managers varies significantly. The bottom 10% earn $34,000, while the top 10% earn $112,000.
| Percentile | Annual Salary |
|---|---|
| 10th Percentile | $34,000 |
| 25th Percentile | $44,000 |
| 50th Percentile (Median) | $60,670 |
| 75th Percentile | $85,000 |
| 90th Percentile | $112,000 |
Property Manager Salary by State
Property Manager salaries vary significantly by state due to cost of living, demand, and industry concentration. The highest paying state is Hawaii at $103,139, while Mississippi offers the lowest at $50,356.
| State | Median | |
|---|---|---|
| #1 Hawaii | $103,139 | Details → |
| #2 California | $83,725 | Details → |
| #3 Massachusetts | $81,905 | Details → |
| #4 Alaska | $75,231 | Details → |
| #5 New York | $74,017 | Details → |
| #6 New Jersey | $69,771 | Details → |
| #7 Washington | $69,771 | Details → |
| #8 Connecticut | $67,950 | Details → |
| #9 Maryland | $66,737 | Details → |
| #10 Oregon | $66,737 | Details → |
| #11 Colorado | $63,704 | Details → |
| #12 New Hampshire | $63,704 | Details → |
| #13 Rhode Island | $63,704 | Details → |
| #14 Virginia | $63,097 | Details → |
| #15 Delaware | $61,277 | Details → |
| #16 Vermont | $61,277 | Details → |
| #17 Florida | $59,457 | Details → |
| #18 Maine | $59,457 | Details → |
| #19 Arizona | $58,850 | Details → |
| #20 Minnesota | $58,850 | Details → |
| #21 Nevada | $58,850 | Details → |
| #22 Utah | $58,850 | Details → |
| #23 Pennsylvania | $58,243 | Details → |
| #24 Illinois | $57,637 | Details → |
| #25 Montana | $57,637 | Details → |
| #26 Idaho | $57,030 | Details → |
| #27 Georgia | $56,423 | Details → |
| #28 New Mexico | $56,423 | Details → |
| #29 North Carolina | $55,816 | Details → |
| #30 Texas | $55,816 | Details → |
| #31 Wisconsin | $55,816 | Details → |
| #32 Wyoming | $55,816 | Details → |
| #33 Louisiana | $55,210 | Details → |
| #34 Indiana | $54,603 | Details → |
| #35 Michigan | $54,603 | Details → |
| #36 Nebraska | $54,603 | Details → |
| #37 North Dakota | $54,603 | Details → |
| #38 Ohio | $54,603 | Details → |
| #39 Iowa | $53,996 | Details → |
| #40 South Carolina | $53,996 | Details → |
| #41 Tennessee | $53,996 | Details → |
| #42 Missouri | $53,390 | Details → |
| #43 South Dakota | $53,390 | Details → |
| #44 Alabama | $52,783 | Details → |
| #45 Kansas | $52,783 | Details → |
| #46 Kentucky | $52,783 | Details → |
| #47 Oklahoma | $52,176 | Details → |
| #48 Arkansas | $50,963 | Details → |
| #49 West Virginia | $50,963 | Details → |
| #50 Mississippi | $50,356 | Details → |
Key Responsibilities
- ● Market properties to tenants
- ● Collect rent and manage budgets
- ● Coordinate maintenance
- ● Handle tenant complaints
- ● Ensure property law compliance
Top Skills
Property Management Tenant Relations Budgeting Maintenance Coordination Lease Management Customer Service
Education Required
High school diploma
Job Outlook
As fast as average — projected 3% growth over the next decade
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Frequently Asked Questions About Property Manager Salaries
How much does a Property Manager make per year? ▼
The median property manager salary in the United States is $60,670 per year. Entry-level positions start around $38,000, while senior-level professionals earn up to $105,000 annually. The mean (average) salary is $68,200.
How much does a Property Manager make per hour? ▼
Based on the national median salary of $60,670 per year, a property manager earns approximately $29 per hour assuming a standard 2,080-hour work year. Hourly rates vary by experience, location, and employer.
What is the highest paying state for property managers? ▼
Hawaii is the highest paying state for property managers, with a median salary of $103,139. Other top-paying states include California ($83,725) and Massachusetts ($81,905).
What education do you need to become a property manager? ▼
Most property manager positions require a high school diploma. Key skills include Property Management, Tenant Relations, Budgeting, Maintenance Coordination. Relevant certifications and hands-on experience can also strengthen your qualifications.
What is the job outlook for property managers? ▼
Employment for property managers is projected to grow 3% over the next decade, which is as fast as average. There are currently 401,900 property managers employed in the United States.
How much does an entry-level property manager make? ▼
An entry-level property manager with 0-2 years of experience earns around $38,000 per year. With 3-7 years of experience, pay increases to approximately $62,000. The bottom 10% of earners make $34,000, while the top 10% earn $112,000.