Construction & Real Estate Ann Arbor, MI Pop. 123,851

Property Manager Salary in Ann Arbor, Michigan

The median property manager salary in Ann Arbor, MI is $63,704 per year, which is 5.0% above the national median and 16.7% above the Michigan state average.

City Median
$63,704
vs State Avg
+$9,101
vs National
+$3,034
Cost of Living
105%

Property Manager Salary in Ann Arbor by Experience

In Ann Arbor, an entry-level property manager earns around $39,900, while experienced professionals earn up to $110,250 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$39,900
+$1,900 vs national
Mid Level (3-7 yrs)
$65,100
+$3,100 vs national
Senior Level (8+ yrs)
$110,250
+$5,250 vs national

Salary Percentiles in Ann Arbor, MI

Percentile Ann Arbor
10th Percentile $35,700
25th Percentile $46,200
Median (50th) $63,704
75th Percentile $89,250
90th Percentile $117,600

Property Manager Salary in Other Michigan Cities

How to Become a Property Manager in Ann Arbor

Education

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

Find Property Manager Jobs in Ann Arbor

Browse open property manager positions in Ann Arbor, MI:

Frequently Asked Questions: Property Manager Salary in Ann Arbor

How much does a Property Manager make in Ann Arbor, MI?
The median property manager salary in Ann Arbor, Michigan is $63,704 per year, which is 5.0% above the national median of $60,670. Salaries range from $35,700 (10th percentile) to $117,600 (90th percentile).
How much does a Property Manager make per hour in Ann Arbor?
Based on the median annual salary of $63,704, a property manager in Ann Arbor earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Ann Arbor compare to the Michigan state average for property manager pay?
Ann Arbor's median property manager salary of $63,704 is 16.7% above the Michigan state average of $54,603. The local cost of living index is 105% of the national average.
What is the cost of living in Ann Arbor, MI?
Ann Arbor has a cost of living index of 105% compared to the national average. This means a property manager salary of $63,704 in Ann Arbor has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Ann Arbor?
Most property manager positions in Ann Arbor 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.