Construction & Real Estate Paterson, NJ Pop. 159,732

Property Manager Salary in Paterson, New Jersey

The median property manager salary in Paterson, NJ is $63,704 per year, which is 5.0% above the national median and 8.7% below the New Jersey state average.

City Median
$63,704
vs State Avg
$-6,067
vs National
+$3,034
Cost of Living
105%

Property Manager Salary in Paterson by Experience

In Paterson, 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 Paterson, NJ

Percentile Paterson
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 New Jersey Cities

How to Become a Property Manager in Paterson

Education

Most property manager positions require a high school diploma. Paterson and the surrounding New Jersey 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 Paterson may vary based on local industry and population growth.

Find Property Manager Jobs in Paterson

Browse open property manager positions in Paterson, NJ:

Frequently Asked Questions: Property Manager Salary in Paterson

How much does a Property Manager make in Paterson, NJ?
The median property manager salary in Paterson, New Jersey 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 Paterson?
Based on the median annual salary of $63,704, a property manager in Paterson earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Paterson compare to the New Jersey state average for property manager pay?
Paterson's median property manager salary of $63,704 is 8.7% below the New Jersey state average of $69,771. The local cost of living index is 105% of the national average.
What is the cost of living in Paterson, NJ?
Paterson has a cost of living index of 105% compared to the national average. This means a property manager salary of $63,704 in Paterson has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Paterson?
Most property manager positions in Paterson 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.