Construction & Real Estate Silver Spring, MD Pop. 81,015

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.

City Median
$74,017
vs State Avg
+$7,280
vs National
+$13,347
Cost of Living
122%

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.

Entry Level (0-2 yrs)
$46,360
+$8,360 vs national
Mid Level (3-7 yrs)
$75,640
+$13,640 vs national
Senior Level (8+ yrs)
$128,100
+$23,100 vs national

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

Columbia, MD
$71,591
Pop. 104,681
Germantown, MD
$69,771
Pop. 90,676
Baltimore, MD
$65,524
Pop. 585,708
Waldorf, MD
$63,704
Pop. 77,000

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

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 Silver Spring may vary based on local industry and population growth.

Find Property Manager Jobs in Silver Spring

Browse open property manager positions in Silver Spring, MD:

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Frequently Asked Questions: Property Manager Salary in Silver Spring

How much does a Property Manager make in Silver Spring, MD? ▼
The median property manager salary in Silver Spring, Maryland is $74,017 per year, which is 22.0% above the national median of $60,670. Salaries range from $41,480 (10th percentile) to $136,640 (90th percentile).
How much does a Property Manager make per hour in Silver Spring? ▼
Based on the median annual salary of $74,017, a property manager in Silver Spring earns approximately $36 per hour assuming a standard 2,080-hour work year.
How does Silver Spring compare to the Maryland state average for property manager pay? ▼
Silver Spring's median property manager salary of $74,017 is 10.9% above the Maryland state average of $66,737. The local cost of living index is 122% of the national average.
What is the cost of living in Silver Spring, MD? ▼
Silver Spring has a cost of living index of 122% compared to the national average. This means a property manager salary of $74,017 in Silver Spring has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Silver Spring? ▼
Most property manager positions in Silver Spring 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.