Monroe Properties Salary

As of April 2026, the average annual salary for employees at Monroe Properties in the United States is $90,069. This translates to an approximate hourly wage of $43. Salaries at Monroe Properties typically range from $79,155 to $101,892 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Monroe Properties

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Is Monroe Properties’s Pay Competitive? Salary Benchmarking Analysis

How does Monroe Properties's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
PMK Accountancy Services Ltd $83,656
-7.1%
PMK Accountancy Services Ltd may offer non-monetary perks in lieu of competitive base salaries.
IH-10 Realty $87,991
-2.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
River's Edge Management Services LLC $90,206
+0.2%
Indicates identical technical requirements and experience levels between the two firms.
Phoenix Property Company of Texas $88,635
-1.6%
Confirms Phoenix Property Company of Texas is a direct competitor vying for the exact same talent pool.
Business Services Industry $120,931
+34.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Monroe Properties

Considering a career at Monroe Properties? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Employees have opportunities to move into different roles based on performance. Communication is formal and structured. Everyone’s voice is heard. I genuinely appreciate the investment in continuous learning and professional development opportunities provided.
Career advancement opportunities are real here. It’s a suitable place for those seeking job security and clear roles, and it is for high-growth aspirations. Employees are given room to grow, and cross-departmental moves are encouraged. The company offers a focus on innovation. I appreciate the diversity of perspectives within the organization—it makes for a more dynamic and respectful workplace. I...
The flexible work arrangements and competitive compensation are added bonuses. Management is approachable, and the team environment fosters creativity and innovation. They keep us informed at every step, ensuring transparency. One of the best aspects is the direct access to senior leadership and their willingness to mentor junior staff.

Monroe Properties Overview

Website
www.monroeproperties.com
Founded In
1991
Employees
<25 employees
Industry
Business Services
Headquarter Address
116 E Franklin St Richmond Virginia VA 23219
Revenue
$5 Million - $10 Million
Phone Number
+1 8046433098
Social Media
About Monroe Properties
We specialize in providing real estate services in historic urban districts, including apartment rentals, condominium management, residential sales, and commercial sales. Many of our buildings are either historically or architecturally significant and all are located in the urban heart of the city. In Richmond we represent a variety of historic neighborhoods including Downtown, Oregon Hill, the Mu

What Benefits Does Monroe Properties Offer Beyond Salary?

A competitive compensation package is more than just a salary. Monroe Properties offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Monroe Properties.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Monroe Properties, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Monroe Properties salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Monroe Properties

1. What is the average salary for employees at Monroe Properties?

The average annual total compensation for employees at Monroe Properties is approximately $90,069. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,155 to $101,892, depending on factors like job role, experience, and location.

2. How much does Monroe Properties pay compared to PMK Accountancy Services Ltd?

The average annual salary at Monroe Properties is $90,069, or an hourly wage of $43, in comparison to PMK Accountancy Services Ltd which pays $83,656 per year or $40 per hour.

3. What is the lowest salary at Monroe Properties?

The lowest-paying job at Monroe Properties is a Leasing Consultant with a salary of $27,974 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Monroe Properties?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Monroe Properties for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Monroe Properties offer cost-of-living adjustments (COLA) for employees in high-cost areas like Richmond?

While some companies offer formal COLA, many, including potentially Monroe Properties, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Monroe Properties?

Most companies, likely including Monroe Properties, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.