Construction & Real Estate New York City, NY Pop. 8,336,817

Property Manager Salary in New York City, New York

The median property manager salary in New York City, NY is $113,453 per year, which is 87.0% above the national median and 53.3% above the New York state average.

City Median
$113,453
vs State Avg
+$39,436
vs National
+$52,783
Cost of Living
187%

Property Manager Pay in New York City: What to Expect (2026)

New York City offers a median property manager salary of $113,453, which is $39,436 above the New York state average of $74,017. Compared to the national median of $60,670, New York City pays above average for this role.

However, New York City's cost of living index is 187%, significantly above the national average. After adjusting for local costs, the $113,453 salary has an effective purchasing power of approximately $60,670. Housing, transportation, and food costs in New York City should be factored into any relocation or job-change decision.

The salary range for property managers in New York City spans from $63,580 at the 10th percentile to $209,440 at the 90th percentile — a $145,860 spread. Entry-level professionals start around $71,060, while senior property managers with 8+ years of experience can earn up to $196,350. As a major metro area with a population of 8,336,817, New York City typically offers more job opportunities and employer competition, which can drive salaries higher.

Property Manager Salary in New York City by Experience

In New York City, an entry-level property manager earns around $71,060, while experienced professionals earn up to $196,350 per year. The local cost of living index is 187% of the national average.

Entry Level (0-2 yrs)
$71,060
+$33,060 vs national
Mid Level (3-7 yrs)
$115,940
+$53,940 vs national
Senior Level (8+ yrs)
$196,350
+$91,350 vs national

Salary Percentiles in New York City, NY

Percentile New York City
10th Percentile $63,580
25th Percentile $82,280
Median (50th) $113,453
75th Percentile $158,950
90th Percentile $209,440

Property Manager Salary in Other New York Cities

How to Become a Property Manager in New York City

Education

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

Find Property Manager Jobs in New York City

Browse open property manager positions in New York City, NY:

Frequently Asked Questions: Property Manager Salary in New York City

How much does a Property Manager make in New York City, NY? ▼
The median property manager salary in New York City, New York is $113,453 per year, which is 87.0% above the national median of $60,670. Salaries range from $63,580 (10th percentile) to $209,440 (90th percentile).
How much does a Property Manager make per hour in New York City? ▼
Based on the median annual salary of $113,453, a property manager in New York City earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does New York City compare to the New York state average for property manager pay? ▼
New York City's median property manager salary of $113,453 is 53.3% above the New York state average of $74,017. The local cost of living index is 187% of the national average.
What is the cost of living in New York City, NY? ▼
New York City has a cost of living index of 187% compared to the national average. This means a property manager salary of $113,453 in New York City has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in New York City? ▼
Most property manager positions in New York City 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.