Property Manager Salaries

A Property Manager oversees residential or commercial properties. They handle tasks like renting spaces, managing maintenance, and ensuring tenants follow rules. This job can be very rewarding. The average salary for a Property Manager is around $53,000 a year. This number can change based on experience and location.

Property Managers with more experience often earn higher salaries. For example, those with 10 to 15 years of experience can make between $60,000 and $70,000 a year. Some top earners can make over $95,000. Cities with a higher cost of living, like New York or San Francisco, often offer higher salaries. This helps cover the extra expenses of living there. On the other hand, smaller towns might offer lower salaries.

1. Boston, MA
   Average Salary: $72,972
   In Boston, managing properties offers a chance to work with historic buildings and modern developments. Companies like Boston Properties and Beacon Capital Partners provide excellent opportunities.
   Find Property Manager jobs in Boston, MA
   

   
   

2. San Francisco, CA
   Average Salary: $71,708
   San Francisco's property management scene is vibrant and competitive. Professionals here manage luxury condos and high-tech office spaces. Firms like Greystar and AvalonBay Communities are prominent.
   Find Property Manager jobs in San Francisco, CA
   

   
   

3. Stamford, CT
   Average Salary: $68,101
   Stamford offers a mix of residential and commercial properties. Managers here work with companies like Prologis and CBRE, focusing on both urban and suburban developments.
   Find Property Manager jobs in Stamford, CT
   

   
   

4. Stockton, CA
   Average Salary: $67,418
   Stockton provides a growing market for property management. Professionals here manage a variety of properties including residential and commercial. Companies like Lennar and PulteGroup are active in the area.
   Find Property Manager jobs in Stockton, CA
   

   
   

5. Seattle, WA
   Average Salary: $66,766
   Seattle's property management market is dynamic and diverse. Managers here work with tech companies and residential properties. Firms like Colliers International and Jones Lang LaSalle are key players.
   Find Property Manager jobs in Seattle, WA
   

   
   

6. Washington, DC
   Average Salary: $66,625
   In Washington, DC, managing properties involves working with a mix of government and private sector buildings. Companies like National Realty Investors and Madison Realty Capital offer many opportunities.
   Find Property Manager jobs in Washington, DC
   

   
   

7. Providence, RI
   Average Salary: $65,123
   Providence offers a mix of historic and modern properties. Managers here work with companies like The Related Companies and Equity Office Properties, focusing on both residential and commercial spaces.
   Find Property Manager jobs in Providence, RI
   

   
   

8. Chicago, IL
   Average Salary: $65,041
   Chicago's property management scene is bustling with activity. Managers here work with firms like JLL and CBRE, overseeing a wide range of properties from downtown high-rises to suburban homes.
   Find Property Manager jobs in Chicago, IL
   

   
   

9. San Jose, CA
   Average Salary: $64,968
   San Jose offers a fast-paced environment for property managers. Professionals here work with tech companies and residential properties. Firms like Brookfield Properties and Prologis are prominent.
   Find Property Manager jobs in San Jose, CA
   

   
   

10. Miami, FL
    Average Salary: $63,921
    Miami provides a vibrant market for property management. Managers here work with a mix of luxury condos and commercial properties. Companies like Related Group and Turnberry Associates are key players.
    Find Property Manager jobs in Miami, FL
    

1. Bisnow
   Average Salary: $113,008
   Bisnow offers Property Manager jobs with a focus on commercial real estate. They operate in major cities across the United States and provide opportunities for growth and development.
   

   
   

2. Community Specialists
   Average Salary: $109,455
   Community Specialists provides Property Manager jobs with a focus on residential and commercial properties. They work in various locations, offering a dynamic and rewarding work environment.
   

   
   

3. AKAM Associates, Inc
   Average Salary: $105,882
   AKAM Associates, Inc offers Property Manager jobs with a focus on commercial real estate. They operate in key markets and provide a range of benefits and career advancement opportunities.
   

   
   

4. BXP
   Average Salary: $103,648
   BXP offers Property Manager jobs with a focus on commercial real estate. They operate in major cities and provide a collaborative and innovative work environment.
   

   
   

5. DAWSON
   Average Salary: $102,750
   DAWSON provides Property Manager jobs with a focus on residential and commercial properties. They work in various locations, offering a supportive and growth-oriented work environment.
   

   
   

6. Welltower, Inc
   Average Salary: $99,674
   Welltower, Inc offers Property Manager jobs with a focus on senior living communities. They operate in many locations and provide a range of benefits and career development opportunities.
   

   
   

7. Prologis
   Average Salary: $95,863
   Prologis offers Property Manager jobs with a focus on industrial and logistics properties. They operate globally and provide a dynamic and rewarding work environment.
   

   
   

8. Onni Group
   Average Salary: $94,967
   Onni Group provides Property Manager jobs with a focus on residential and commercial properties. They operate in various locations, offering a supportive and growth-oriented work environment.
   

   
   

9. Vestar Properties Inc.
   Average Salary: $94,964
   Vestar Properties Inc offers Property Manager jobs with a focus on residential and commercial properties. They operate in many locations and provide a range of benefits and career development opportunities.
   

   
   

10. Realty Income Corporation
    Average Salary: $92,358
    Realty Income Corporation provides Property Manager jobs with a focus on commercial real estate. They operate in key markets and offer a supportive and growth-oriented work environment.
    

A Property Manager can increase their earnings through various strategies and skills. One key factor is gaining experience. More experienced managers often handle larger and more complex properties, which can lead to higher salaries. Another factor is obtaining additional certifications. Certifications in property management or related fields can enhance a manager's qualifications and make them more attractive to employers. Networking also plays a significant role. Building relationships with other professionals in the industry can lead to new job opportunities and higher-paying positions. Continuing education is another important factor. Staying updated with the latest trends and technologies in property management can make a manager more effective and valuable. Finally, taking on leadership roles can increase earnings. Managers who demonstrate strong leadership skills may be promoted to higher positions with better pay.

To maximize earnings, a Property Manager should focus on these key areas. Gaining experience allows for handling more significant responsibilities. Certifications boost qualifications and marketability. Networking opens doors to new opportunities. Continuing education keeps skills sharp and relevant. Leadership roles can lead to higher-paying positions. By focusing on these factors, a Property Manager can increase their earning potential.

Here are some specific actions a Property Manager can take:

• Complete additional training and earn certifications.
• Attend industry events and join professional organizations.
• Seek out mentorship and build a professional network.
• Stay informed about new trends and technologies.
• Take on leadership roles and demonstrate strong management skills.