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 Overview in Michigan (2026)

Michigan ranks #35 out of 50 states for property manager compensation. Property Manager salaries in Michigan are below the national median, though the lower cost of living can offset the difference. At $54,603 per year, property managers in Michigan earn $6,067 less than the national median of $60,670.

A key advantage of working in Michigan is its below-average cost of living (90% of the national index). This means the $54,603 salary has the purchasing power of roughly $60,670 in an average-cost area.

The salary spread in Michigan is significant: property managers at the 10th percentile earn $30,600, while those at the 90th percentile bring home $100,800 — a $70,200 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Michigan for this role is Ann Arbor, where the median reaches $63,704.

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for property managers across the country.

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

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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.

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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.