How much does a Property Manager make in the United States? The average Property Manager salary in the United States is $111,635 as of April 24, 2024, but the range typically falls between $94,928 and $128,999. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Property Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Property Manager Salary $79,717 US April 24, 2024
25th Percentile Property Manager Salary $94,928 US April 24, 2024
50th Percentile Property Manager Salary $111,635 US April 24, 2024
75th Percentile Property Manager Salary $128,999 US April 24, 2024
90th Percentile Property Manager Salary $144,807 US April 24, 2024
25% $94,928 10% $79,717 90% $144,807 75% $128,999 $111,635 50%(Median) Didn’t find job title? Click
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What skills does a Property Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Lease Administration: Documenting, reporting, and coordinating the day-to-day duties to ensure the fulfillment of obligations outlined within the contract.

3.

Background Check: A background check or background investigation is a review of a potential employee's criminal, commercial and financial records. The goal of background checks is to ensure the safety and security of the employees in the organisation

Customer Service 12.92%
Lease Administration 1.47%
Background Check 0.97%
Others 84.64%

Job Description for Property Manager

Property Manager manages the day-to-day operations for a property or portfolio of properties. Responsible for coordinating routine and emergency maintenance, selecting and managing contractors, and leading property improvement projects. Being a Property Manager develops financial and business plans for profitable property ownership. Oversees budgets, lease administration, and tenant service delivery. Additionally, Property Manager may initiate or assist with the buying and selling properties in the portfolio. Requires a bachelor's degree. Typically reports to senior management. The Property Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Property Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Property Manager
  • Why USAA. Let’s do something that really matters. At USAA, we have an important mission: facilitating the financial security of millions of U.S. military m...
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  • Why USAA. Let’s do something that really matters. At USAA, we have an important mission: facilitating the financial security of millions of U.S. military m...
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  • Why USAA. Let’s do something that really matters. At USAA, we have an important mission: facilitating the financial security of millions of U.S. military m...
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  • Why USAA. Let’s do something that really matters. At USAA, we have an important mission: facilitating the financial security of millions of U.S. military m...
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  • Description. We are currently seeking a full-time Property Manager in Columbus, OH and surrounding areas. The pay range for this position is $47,000 - $55,...
    - 3 Days Ago

Career Path for Property Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Property Manager, the first career path typically starts with a Commercial Property Manager III position, and then Area Commercial Property Manager.

The second career path typically progresses to Property Manager, Senior.

Additionally, the third career path typically starts with a Residential Property Manager III position, and then progresses to Area Residential Property Manager.

Those that have already made the climb...
Peter Castle, Chief Operating Officer
Vaso Corporation, together with its subsidiaries, operates in the healthcare equipment and information technology industries in the United States and internationally. The company operates through three segments: IT, Professional Sales Service, and Equipment. The IT segment primarily focuses on healthcare IT and managed... More
Fiscal Year Ended in 2021
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Property Manager salary varies from city to city. Compared with national average salary of Property Manager, the highest Property Manager salary is in San Francisco, CA, where the Property Manager salary is 25.0% above. The lowest Property Manager salary is in Miami, FL, where the Property Manager salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Property Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
94928
128999
111635

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
99831
140458
117577
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Property Manager in the United States. The base salary for Property Manager ranges from $94,928 to $128,999 with the average base salary of $111,635. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $99,831 to $140,458 with the average total cash compensation of $117,577.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

94928
128999

 

Step 3 of 3

How much should you be paid?

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Skills associated with Property Manager: Contractor Management, Maintenance Management, Real Estate Management, Lease and Property Management ...More

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Salary estimation for Property Manager at companies like : Derek Chan, Buffington Re Group LLC, DSM Additive Manufacturing

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Property Manager Salary in United States
Property Manager Salary Graph, Regional Distribution and Summary