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Property Manager Salary in the United States

How much does a Property Manager make in the United States?

As of September 01, 2026, the average salary for a Property Manager in the United States is $111,938 per year, which breaks down to an hourly rate of $54.

However, a Property Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $138,730
  • Majority Range (25th-75th percentile): $102,274 to $125,962
  • Entry-Level (10th percentile): $93,475
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Property Manager Salaries

A Property Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Property Manager Salaries?

Experience is a primary driver of a Property Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Assistant Property Manager I (0-2 years): $66,649
  • Assistant Property Manager II (2-4 years): $76,790
  • Assistant Property Manager III (4-7 years): $89,216
  • Property Manager (7+ years): $111,938
  • Property Manager, Senior (7+ years): $124,104
Job Role Years of Experience Average Salary
Assistant Property Manager I0-2 years$66,649
Assistant Property Manager II2-4 years$76,790
Assistant Property Manager III4-7 years$89,216
Property Manager7+ years$111,938
Property Manager, Senior7+ years$124,104
View as Graph

How Do Property Manager Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Property Managers. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $123,938.
  • California: $123,468.
  • Massachusetts: $121,822.

Top Paying Cities for Property Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $141,187
  • San Francisco: $139,642
  • Oakland: $136,699

What Skills Can Increase a Property Manager's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 13.66% Job Postings): 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.
  • Accounts Receivable (Mentioned in 1.7% Job Postings): Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
  • Financial Statements (Mentioned in 0.95% Job Postings): Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
Skills Demand Percentage
Customer Service 13.66%
Accounts Receivable 1.7%
Financial Statements 0.95%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Property Manager's salary.

  • Lease Administration: Can increase your salary by up to 8%.
  • PowerPoint: Can increase your salary by up to 6%.
  • Teamwork: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Lease Administration $120,893
8%
PowerPoint $118,654
6%
Teamwork $117,535
5%
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Property Manager Salary by Company Size: Startups vs. Enterprise

Property Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $125,095. While startup companies pay approximate $105,818.

Property Manager Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $105,818
Growth Stage 51~500 $111,913
Established 501~5000 $120,796
Enterprise 5000+ $125,095

Property Manager Salary by Industry: Top Paying Sectors

For Property Manager roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 20% above the average. In contrast, Property Manager positions in Biotechnology or Transportation typically offer lower base pay, as these industries often view Property Manager as a support function rather than a direct revenue driver.

The top paying industry for a Property Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$134,326$65.020%

How Education impacts a Property Manager's Salary?

Your level of education can impact your salary potential. While many Property Manager enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Property Manager with a Bachelor's Degree is between $107,058 and $116,132.

Property Manager Salaries by Degree Level

Typical Education for Property Manager
Degree Level % of user with this level of education
No Diploma 1.4%
High School 30.4%
Associates 15.3%
Bachelors 43.5%
Masters 8.8%
Doctorate 0.6%
View as Graph

Property Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Property Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$102,274
Average $111,938/year
$125,962
$8,523
Average $9,328/month
$10,497
$1,967
Average $2,153/week
$2,422
$49
Average $54/hour
$61
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $125,962 $10,497 $2,422 $61
Average $111,938 $9,328 $2,153 $54
25th Percentile $102,274 $8,523 $1,967 $49

Property Manager Salary Growth & Career Path

Property Manager

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Property Manager, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
Commercial Property Manager III $138,573 24%
Property Manager, Senior $124,104 11%
Residential Property Manager III $98,706 -12%

Most common benefits for Property Manager

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Property Manager

Here are companies hiring for Property Manager and their salaries, click below for more details.

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FAQ about Property Manager

1. Where can a Property Manager earn the most?

A Property Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Property Manager earns the most in San Jose, CA, where the annual salary of a Property Manager is $141,187.

2. What is the highest pay for Property Manager?

The highest pay for Property Manager is $138,730.

3. What is the lowest pay for Property Manager?

The lowest pay for Property Manager is $93,475.

4. What are the responsibilities of 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. Develops financial and business plans for profitable property ownership. Oversees budgets, lease administration, and tenant service delivery. May initiate or assist with the buying and selling properties in the portfolio. Requires a bachelor's degree. Typically reports to senior management. 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. 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.

5. What industry pays the highest salary for Property Manager?

The Aerospace & Defense industry offers the highest average compensation for Property Manager roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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