Construction & Real Estate Newark, DE Pop. 33,398

Property Manager Salary in Newark, Delaware

The median property manager salary in Newark, DE is $61,883 per year, which is 2.0% above the national median and 1.0% above the Delaware state average.

City Median
$61,883
vs State Avg
+$606
vs National
+$1,213
Cost of Living
102%

Property Manager Salary in Newark by Experience

In Newark, an entry-level property manager earns around $38,760, while experienced professionals earn up to $107,100 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$38,760
+$760 vs national
Mid Level (3-7 yrs)
$63,240
+$1,240 vs national
Senior Level (8+ yrs)
$107,100
+$2,100 vs national

Salary Percentiles in Newark, DE

Percentile Newark
10th Percentile $34,680
25th Percentile $44,880
Median (50th) $61,883
75th Percentile $86,700
90th Percentile $114,240

Property Manager Salary in Other Delaware Cities

Wilmington, DE
$63,704
Pop. 70,898
Bear, DE
$60,063
Pop. 21,000
Middletown, DE
$59,457
Pop. 22,350
Dover, DE
$58,243
Pop. 39,403

How to Become a Property Manager in Newark

Education

Most property manager positions require a high school diploma. Newark and the surrounding Delaware area have institutions offering relevant programs.

Key Skills

Property ManagementTenant RelationsBudgetingMaintenance CoordinationLease ManagementCustomer Service

Job Outlook

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Demand in Newark may vary based on local industry and population growth.