Construction & Real Estate Detroit, MI Pop. 639,111

Property Manager Salary in Detroit, Michigan

The median property manager salary in Detroit, MI is $53,390 per year, which is 12% below the national median and 2.2% below the Michigan state average.

City Median
$53,390
vs State Avg
$-1,213
vs National
$-7,280
Cost of Living
88%

Property Manager Salary in Detroit by Experience

In Detroit, an entry-level property manager earns around $33,440, while experienced professionals earn up to $92,400 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$54,560
$-7,440 vs national
Senior Level (8+ yrs)
$92,400
$-12,600 vs national

Salary Percentiles in Detroit, MI

Percentile Detroit
10th Percentile $29,920
25th Percentile $38,720
Median (50th) $53,390
75th Percentile $74,800
90th Percentile $98,560

Property Manager Salary in Other Michigan Cities

How to Become a Property Manager in Detroit

Education

Most property manager positions require a high school diploma. Detroit 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 Detroit may vary based on local industry and population growth.

Find Property Manager Jobs in Detroit

Browse open property manager positions in Detroit, MI:

Frequently Asked Questions: Property Manager Salary in Detroit

How much does a Property Manager make in Detroit, MI?
The median property manager salary in Detroit, Michigan is $53,390 per year, which is 12% below the national median of $60,670. Salaries range from $29,920 (10th percentile) to $98,560 (90th percentile).
How much does a Property Manager make per hour in Detroit?
Based on the median annual salary of $53,390, a property manager in Detroit earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Detroit compare to the Michigan state average for property manager pay?
Detroit's median property manager salary of $53,390 is 2.2% below the Michigan state average of $54,603. The local cost of living index is 88% of the national average.
What is the cost of living in Detroit, MI?
Detroit has a cost of living index of 88% compared to the national average. This means a property manager salary of $53,390 in Detroit has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Detroit?
Most property manager positions in Detroit 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.