Construction & Real Estate Memphis, TN Pop. 633,104

Property Manager Salary in Memphis, Tennessee

The median property manager salary in Memphis, TN is $52,176 per year, which is 14% below the national median and 3.4% below the Tennessee state average.

City Median
$52,176
vs State Avg
$-1,820
vs National
$-8,494
Cost of Living
86%

Property Manager Salary in Memphis by Experience

In Memphis, an entry-level property manager earns around $32,680, while experienced professionals earn up to $90,300 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$32,680
$-5,320 vs national
Mid Level (3-7 yrs)
$53,320
$-8,680 vs national
Senior Level (8+ yrs)
$90,300
$-14,700 vs national

Salary Percentiles in Memphis, TN

Percentile Memphis
10th Percentile $29,240
25th Percentile $37,840
Median (50th) $52,176
75th Percentile $73,100
90th Percentile $96,320

Property Manager Salary in Other Tennessee Cities

Nashville, TN
$60,670
Pop. 689,447
Murfreesboro, TN
$55,816
Pop. 152,769
Knoxville, TN
$53,390
Pop. 190,740
Chattanooga, TN
$53,390
Pop. 181,099

How to Become a Property Manager in Memphis

Education

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

Find Property Manager Jobs in Memphis

Browse open property manager positions in Memphis, TN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Property Manager Salary in Memphis

How much does a Property Manager make in Memphis, TN? ▼
The median property manager salary in Memphis, Tennessee is $52,176 per year, which is 14% below the national median of $60,670. Salaries range from $29,240 (10th percentile) to $96,320 (90th percentile).
How much does a Property Manager make per hour in Memphis? ▼
Based on the median annual salary of $52,176, a property manager in Memphis earns approximately $25 per hour assuming a standard 2,080-hour work year.
How does Memphis compare to the Tennessee state average for property manager pay? ▼
Memphis's median property manager salary of $52,176 is 3.4% below the Tennessee state average of $53,996. The local cost of living index is 86% of the national average.
What is the cost of living in Memphis, TN? ▼
Memphis has a cost of living index of 86% compared to the national average. This means a property manager salary of $52,176 in Memphis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Memphis? ▼
Most property manager positions in Memphis 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.