Construction & Real Estate Covington, KY Pop. 40,961

Property Manager Salary in Covington, Kentucky

The median property manager salary in Covington, KY is $53,390 per year, which is 12% below the national median and 1.1% above the Kentucky state average.

City Median
$53,390
vs State Avg
+$607
vs National
$-7,280
Cost of Living
88%

Property Manager Pay in Covington: What to Expect (2026)

Covington offers a median property manager salary of $53,390, which is $607 above the Kentucky state average of $52,783. Compared to the national median of $60,670, Covington pays below the national benchmark for this role.

One of Covington's biggest advantages is its low cost of living at 88% of the national average. This means the $53,390 salary stretches further here — equivalent to roughly $60,670 in an average-cost city. This makes Covington an attractive option for property managers seeking strong real-dollar compensation.

The salary range for property managers in Covington spans from $29,920 at the 10th percentile to $98,560 at the 90th percentile — a $68,640 spread. Entry-level professionals start around $33,440, while senior property managers with 8+ years of experience can earn up to $92,400. Covington is a smaller market (pop. 40,961), which may mean fewer openings but also less competition for available positions.

Property Manager Salary in Covington by Experience

In Covington, an entry-level property manager earns around $33,440, while experienced professionals earn up to $92,400 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$54,560
$-7,440 vs national
Senior Level (8+ yrs)
$92,400
$-12,600 vs national

Salary Percentiles in Covington, KY

Percentile Covington
10th Percentile $29,920
25th Percentile $38,720
Median (50th) $53,390
75th Percentile $74,800
90th Percentile $98,560

Property Manager Salary in Other Kentucky Cities

How to Become a Property Manager in Covington

Education

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

Find Property Manager Jobs in Covington

Browse open property manager positions in Covington, KY:

Frequently Asked Questions: Property Manager Salary in Covington

How much does a Property Manager make in Covington, KY? ▼
The median property manager salary in Covington, Kentucky is $53,390 per year, which is 12% below the national median of $60,670. Salaries range from $29,920 (10th percentile) to $98,560 (90th percentile).
How much does a Property Manager make per hour in Covington? ▼
Based on the median annual salary of $53,390, a property manager in Covington earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Covington compare to the Kentucky state average for property manager pay? ▼
Covington's median property manager salary of $53,390 is 1.1% above the Kentucky state average of $52,783. The local cost of living index is 88% of the national average.
What is the cost of living in Covington, KY? ▼
Covington has a cost of living index of 88% compared to the national average. This means a property manager salary of $53,390 in Covington has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Covington? ▼
Most property manager positions in Covington 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.