Position
Salary

How much does a Property Manager make?

The average salary for a Property Manager is $57,160 per year in the US.

Property managers oversee residential and commercial properties. This role includes renting out spaces, handling maintenance, and making sure everything runs smoothly. Their salaries reflect their responsibilities. The average yearly salary for a property manager is about $57,160. This figure can change based on experience, location, and the type of property managed.

Here are some details about property managers' salaries:

  • The bottom 10% earn around $32,098 annually.
  • The top 10% earn close to $111,568 each year.
  • Most property managers fall in the middle, earning between $46,547 and $68,220 annually.
These numbers show a wide range, with more experienced managers often earning more. It is a rewarding job for those who manage properties well.

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What are the highest paying cities for a Property Manager?

Boston tops the list of highest-paying cities for Property Managers. It offers an average salary of over $81,000. Aspiring managers can find good opportunities there. San Francisco and Washington, D.C., follow closely behind, each providing average salaries above $75,000. These cities present excellent career prospects.
Graph displaying highest paying cities salaries for Property Manager jobs, highlighting Boston, MA with the highest at $81,971 and Atlanta, GA with the lowest at $69,285.
  1. Boston, MA
    Average Salary: $81,971
    Managing properties in Boston can be both exciting and rewarding. The city's rich history and vibrant culture provide a dynamic backdrop for real estate management. Companies like State Street and Liberty Mutual offer diverse opportunities.
    Find Property Manager jobs in Boston, MA


  2. San Francisco, CA
    Average Salary: $76,420
    In San Francisco, a property manager enjoys a bustling urban environment. The city’s tech industry creates a high demand for residential and commercial spaces. Giants like Google and Salesforce shape the landscape.
    Find Property Manager jobs in San Francisco, CA


  3. Washington, DC
    Average Salary: $76,300
    Working in Washington, DC means being at the heart of political and business activities. Property managers here deal with a mix of government and private sector properties. Companies like Marriott and Fannie Mae are prominent employers.
    Find Property Manager jobs in Washington, DC


  4. Stamford, CT
    Average Salary: $74,469
    Stamford offers a blend of urban and suburban charm. As a property manager, you'll handle a variety of properties with easy access to New York City. Financial firms like AXA and Charter Communications are key players.
    Find Property Manager jobs in Stamford, CT


  5. Chicago, IL
    Average Salary: $73,312
    Chicago's dynamic property market provides exciting opportunities. The city’s diverse neighborhoods offer unique challenges and rewards. Major employers like JPMorgan Chase and Boeing need skilled property management.
    Find Property Manager jobs in Chicago, IL


  6. Seattle, WA
    Average Salary: $72,569
    Seattle’s property market thrives on innovation and growth. The tech scene and vibrant community create a lively environment. Companies like Amazon and Microsoft drive the demand for quality property management.
    Find Property Manager jobs in Seattle, WA


  7. Stockton, CA
    Average Salary: $71,714
    Stockton offers a more relaxed but still vibrant property management scene. The city's agricultural roots provide a stable market. Local companies like Save Mart and Pacific Gas & Electric offer solid opportunities.
    Find Property Manager jobs in Stockton, CA


  8. Providence, RI
    Average Salary: $70,807
    Providence presents a mix of historic charm and modern growth. As a property manager, you’ll balance maintaining older properties with developing newer ones. Key employers include CVS Health and Blue Cross Blue Shield.
    Find Property Manager jobs in Providence, RI


  9. San Jose, CA
    Average Salary: $69,807
    San Jose, the heart of Silicon Valley, offers a fast-paced property market. The tech boom drives demand for both residential and commercial properties. Companies like Intel and Cisco Systems are major players.
    Find Property Manager jobs in San Jose, CA


  10. Atlanta, GA
    Average Salary: $69,285
    Atlanta’s growing economy creates a robust property market. The city’s blend of business and leisure attracts a diverse property portfolio. Major companies like Coca-Cola and Delta Air Lines drive the demand for property management.
    Find Property Manager jobs in Atlanta, GA

What are the best companies a Property Manager can work for?

Companies like Newmark, Prologis, and BCXP offer top salaries for Property Manager roles. Newmark leads the pack with an impressive average salary of $120,793. Companies like Prologis and BCXP also provide competitive wages around $114,172 and $112,165 respectively. These firms recognize the value of skilled property managers and reflect that in their compensation packages.
Graph displaying best paying company salaries for Property Manager jobs, highlighting Newmark with the highest at $120,793 and Picht & Sons Real Estate with the lowest at $105,000.
  1. Newmark
    Average Salary: $120,793
    Newmark is a leading real estate services firm. Property Managers here handle various properties in major U.S. cities. Locations include New York, San Francisco, and Los Angeles. They focus on maximizing property value and tenant satisfaction.


  2. Prologis
    Average Salary: $114,172
    Prologis specializes in logistics real estate. They provide Property Manager roles in many parts of the U.S. and around the world. They focus on properties like warehouses and distribution centers. Locations include major cities in the U.S. and abroad.


  3. BCXP
    Average Salary: $112,165
    BCXP offers Property Management services for commercial properties. They operate in key cities across the U.S., including Chicago and Miami. Their team manages properties to ensure high tenant retention and satisfaction.


  4. Kidder Mathews
    Average Salary: $109,333
    Kidder Mathews focuses on commercial real estate. They provide Property Manager positions in cities like Boston and San Diego. Their role includes overseeing property maintenance and tenant relations.


  5. King County Housing Authority
    Average Salary: $107,914
    The King County Housing Authority manages affordable housing. They offer Property Manager jobs in the Seattle area. Their role involves ensuring that housing meets community needs and maintains high standards.


  6. Hines
    Average Salary: $106,125
    Hines is a global real estate firm. They provide Property Manager roles in many U.S. cities. Their team works on both commercial and residential properties, ensuring they meet high standards.


  7. Thomas Property Management
    Average Salary: $105,469
    Thomas Property Management focuses on residential properties. They offer Property Manager jobs in cities like Dallas and Atlanta. Their role includes tenant management and property maintenance.


  8. BH Properties
    Average Salary: $105,107
    BH Properties manages residential properties. They offer Property Manager jobs in cities like Minneapolis and Phoenix. Their focus is on tenant satisfaction and property upkeep.


  9. Marquis Association Management
    Average Salary: $105,071
    Marquis Association Management provides Property Manager jobs in various cities. They focus on managing condominium and homeowner associations. Locations include major cities in the U.S.


  10. Picht & Sons Real Estate
    Average Salary: $105,000
    Picht & Sons Real Estate offers Property Manager roles in the San Francisco Bay Area. They manage both commercial and residential properties. Their focus is on tenant relations and property maintenance.

How to earn more as a Property Manager?

A Property Manager can earn more by focusing on several key areas. Prioritizing ongoing education and certification helps improve skills and knowledge. This opens doors to higher-paying positions. Networking with other professionals and attending industry events can lead to lucrative job opportunities. Taking on additional responsibilities can also increase earning potential.

Moreover, understanding the market and staying updated with trends allows for better decision-making. This can lead to higher property values and increased income. Efficient tenant management and property maintenance reduce vacancies and increase rental income. Here are some factors to consider for earning more as a Property Manager:

  • Obtain relevant certifications and continue education.
  • Expand your professional network and attend industry events.
  • Take on more responsibilities and seek promotions.
  • Stay informed about market trends and best practices.
  • Enhance tenant management and property maintenance skills.

Currently 5,494 Property Manager job openings, nationwide.

How's the job market for a Property Manager in the US?

Learn what a Property Manager does, how to become one, and understand the job outlook. Get simple steps to start your career as a Property Manager today.
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Property Manager
5,494 Job Openings