Property Manager Salary in Silver Spring, Maryland
The median property manager salary in Silver Spring, MD is $74,017 per year, which is 22.0% above the national median and 10.9% above the Maryland state average.
Property Manager Salary in Silver Spring by Experience
In Silver Spring, an entry-level property manager earns around $46,360, while experienced professionals earn up to $128,100 per year. The local cost of living index is 122% of the national average.
Salary Percentiles in Silver Spring, MD
| Percentile | Silver Spring |
|---|---|
| 10th Percentile | $41,480 |
| 25th Percentile | $53,680 |
| Median (50th) | $74,017 |
| 75th Percentile | $103,700 |
| 90th Percentile | $136,640 |
Property Manager Salary in Other Maryland Cities
How to Become a Property Manager in Silver Spring
Education
Most property manager positions require a high school diploma. Silver Spring and the surrounding Maryland area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Demand in Silver Spring may vary based on local industry and population growth.