How much does a Vice President of Residential Property Management make hourly in the United States? The average hourly wage for a Vice President of Residential Property Management in the United States is $101 as of March 26, 2024, but the range typically falls between $86 and $119. Hourly rate 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. 

Vice President of Residential Property Management Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Vice President of Residential Property Management Salary $73 US March 26, 2024
25th Percentile Vice President of Residential Property Management Salary $86 US March 26, 2024
50th Percentile Vice President of Residential Property Management Salary $101 US March 26, 2024
75th Percentile Vice President of Residential Property Management Salary $119 US March 26, 2024
90th Percentile Vice President of Residential Property Management Salary $136 US March 26, 2024
25% $86 10% $73 90% $136 75% $119 $101 50%(Median) Didn’t find job title? Click
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Job Description for Vice President of Residential Property Management

Vice President of Residential Property Management has overall responsibility for a significant portfolio of residential properties. Develops leasing strategy and implements capital improvement plans that maximize sales, profitability, and tenant satisfaction. Being a Vice President of Residential Property Management trains and manages lower-level property managers. Has significant input into acquisition strategy and is responsible for overall profitability of the portfolio. Additionally, Vice President of Residential Property Management may support marketing and investor relations. Typically requires a bachelor's degree in related area or equivalent. Typically reports to top management. The Vice President of Residential Property Management manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Vice President of Residential Property Management typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Vice President of Residential Property Management salary varies from city to city. Compared with national average salary of Vice President of Residential Property Management, the highest Vice President of Residential Property Management salary is in San Francisco, CA, where the Vice President of Residential Property Management salary is 25.0% above. The lowest Vice President of Residential Property Management salary is in Miami, FL, where the Vice President of Residential Property Management 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%

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Understand the total hourly compensation opportunity for a Vice President of Residential Property Management, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
86
119
101

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
100
166
127
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Vice President of Residential Property Management in the United States. The average hourly rate for Vice President of Residential Property Management ranges from $86 to $119 with the average hourly pay of $101. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $100 to $166 with the average total hourly cash compensation of $127.
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86
119

 

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Skills associated with Vice President of Residential Property Management: Property Management, Lease and Property Management, Property Acquisition, Real Estate Management ...More

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Vice President of Residential Property Management Salary in United States
Vice President of Residential Property Management Salary Graph, Regional Distribution and Summary