Construction & Real Estate Grand Rapids, MI Pop. 198,917

Property Manager Salary in Grand Rapids, Michigan

The median property manager salary in Grand Rapids, MI is $54,603 per year, which is 10% below the national median and 0.0% above the Michigan state average.

City Median
$54,603
vs State Avg
+$0
vs National
$-6,067
Cost of Living
90%

Property Manager Salary in Grand Rapids by Experience

In Grand Rapids, an entry-level property manager earns around $34,200, while experienced professionals earn up to $94,500 per year. The local cost of living index 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 Grand Rapids, MI

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

Property Manager Salary in Other Michigan Cities

How to Become a Property Manager in Grand Rapids

Education

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

Find Property Manager Jobs in Grand Rapids

Browse open property manager positions in Grand Rapids, MI:

Frequently Asked Questions: Property Manager Salary in Grand Rapids

How much does a Property Manager make in Grand Rapids, MI?
The median property manager salary in Grand Rapids, 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 Grand Rapids?
Based on the median annual salary of $54,603, a property manager in Grand Rapids earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Grand Rapids compare to the Michigan state average for property manager pay?
Grand Rapids's median property manager salary of $54,603 is 0.0% above the Michigan state average of $54,603. The local cost of living index is 90% of the national average.
What is the cost of living in Grand Rapids, MI?
Grand Rapids has a cost of living index of 90% compared to the national average. This means a property manager salary of $54,603 in Grand Rapids has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Grand Rapids?
Most property manager positions in Grand Rapids 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.