Construction & Real Estate Michigan (MI) Rank #35 of 50

Property Manager Salary in Michigan

The median property manager salary in Michigan is $54,603 per year, which is 10% below the national median of $60,670.

Median Salary
$54,603
vs National
$-6,067
State Rank
#35 of 50
Cost of Living
90%

Property Manager Salary in Michigan by Experience

In Michigan, an entry-level property manager earns around $34,200, while experienced professionals earn up to $94,500 per year. The cost of living index in Michigan is 90% of the national average.

Entry Level (0-2 yrs)
$34,200
$-3,800 vs national
Mid Level (3-7 yrs)
$55,800
$-6,200 vs national
Senior Level (8+ yrs)
$94,500
$-10,500 vs national

Salary Percentiles in Michigan

Percentile MI Salary
10th Percentile $30,600
25th Percentile $39,600
Median (50th) $54,603
75th Percentile $76,500
90th Percentile $100,800

Property Manager Salary by City in Michigan

The largest employment areas for property managers in Michigan include Detroit, Grand Rapids, Ann Arbor, and Warren. Salaries vary by city based on local cost of living and demand.

How to Become a Property Manager in Michigan

Education

Most property manager positions require a high school diploma. Michigan has several accredited institutions offering relevant programs.

Key Skills

Property ManagementTenant RelationsBudgetingMaintenance CoordinationLease ManagementCustomer Service

Job Outlook in Michigan

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Michigan's demand may vary based on local industry trends.

Find Property Manager Jobs in Michigan

Browse open property manager positions in Michigan:

Frequently Asked Questions: Property Manager Salary in Michigan

How much does a Property Manager make in Michigan?
The median property manager salary in Michigan is $54,603 per year, which is 10% below the national median of $60,670. Salaries range from $30,600 (10th percentile) to $100,800 (90th percentile).
How much does a Property Manager make per hour in Michigan?
Based on the median annual salary of $54,603, a property manager in Michigan earns approximately $26 per hour assuming a standard 2,080-hour work year.
Is Michigan a good state for property managers?
Michigan ranks #35 out of 50 states for property manager pay. The cost of living index is 90% of the national average. Entry-level property managers earn $34,200, while senior professionals earn $94,500.
How does Michigan compare to other states for property manager salary?
The highest paying state for property managers is Hawaii at $103,139. Michigan's median of $54,603 ranks #35 nationally. Nearby-ranked states include Louisiana ($55,210) and Indiana ($54,603).
What is the entry-level property manager salary in Michigan?
An entry-level property manager in Michigan earns approximately $34,200 per year. With 3-7 years of experience, pay increases to around $55,800. Senior-level professionals with 8+ years earn up to $94,500.
What city in Michigan pays property managers the most?
Ann Arbor is the highest paying city in Michigan for property managers, with a median salary of $63,704. Other cities include Detroit and Grand Rapids.