Construction & Real Estate Memphis, TN
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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
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.