Construction & Real Estate Indianapolis, IN Pop. 887,642

Property Manager Salary in Indianapolis, Indiana

The median property manager salary in Indianapolis, IN is $56,423 per year, which is 7% below the national median and 3.3% above the Indiana state average.

City Median
$56,423
vs State Avg
+$1,820
vs National
$-4,247
Cost of Living
93%

Property Manager Salary in Indianapolis by Experience

In Indianapolis, an entry-level property manager earns around $35,340, while experienced professionals earn up to $97,650 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$35,340
$-2,660 vs national
Mid Level (3-7 yrs)
$57,660
$-4,340 vs national
Senior Level (8+ yrs)
$97,650
$-7,350 vs national

Salary Percentiles in Indianapolis, IN

Percentile Indianapolis
10th Percentile $31,620
25th Percentile $40,920
Median (50th) $56,423
75th Percentile $79,050
90th Percentile $104,160

Property Manager Salary in Other Indiana Cities

Carmel, IN
$63,704
Pop. 99,757
Fort Wayne, IN
$51,570
Pop. 263,886
Evansville, IN
$50,963
Pop. 117,429
South Bend, IN
$50,356
Pop. 103,453

How to Become a Property Manager in Indianapolis

Education

Most property manager positions require a high school diploma. Indianapolis and the surrounding Indiana 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 Indianapolis may vary based on local industry and population growth.

Find Property Manager Jobs in Indianapolis

Browse open property manager positions in Indianapolis, IN:

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Frequently Asked Questions: Property Manager Salary in Indianapolis

How much does a Property Manager make in Indianapolis, IN? ▼
The median property manager salary in Indianapolis, Indiana is $56,423 per year, which is 7% below the national median of $60,670. Salaries range from $31,620 (10th percentile) to $104,160 (90th percentile).
How much does a Property Manager make per hour in Indianapolis? ▼
Based on the median annual salary of $56,423, a property manager in Indianapolis earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Indianapolis compare to the Indiana state average for property manager pay? ▼
Indianapolis's median property manager salary of $56,423 is 3.3% above the Indiana state average of $54,603. The local cost of living index is 93% of the national average.
What is the cost of living in Indianapolis, IN? ▼
Indianapolis has a cost of living index of 93% compared to the national average. This means a property manager salary of $56,423 in Indianapolis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Indianapolis? ▼
Most property manager positions in Indianapolis require a high school diploma. Key skills include Property Management, Tenant Relations, Budgeting, Maintenance Coordination. The job market is projected to grow 3% nationally over the next decade.