Property Managers play an important role in maintaining and overseeing properties. As with many careers, salaries can vary based on experience, location, and the complexity of the properties managed. The average yearly salary for a Property Manager stands at about $56,023.
In the entry-level positions, salaries start around $30,380. As professionals gain experience, their earnings increase significantly. Mid-level Property Managers can earn approximately $45,311 to $67,707 annually.
For those who excel in the field and take on more responsibilities, salaries can reach impressive heights. Experienced Property Managers may see compensation ranging from $82,638 up to $112,500. This growth highlights the potential for career advancement within this field.
Overall, a career in property management can provide not only job security but also opportunities for upward mobility and increased earning potential.
-
Boston, MA
Average Salary: $76,338
Working in property management in Boston lets you engage with a rich history and vibrant culture. With major companies like The Beacon Companies, you'll find abundant opportunities to manage diverse residential and commercial properties.
Find Property Manager jobs in Boston, MA
-
San Francisco, CA
Average Salary: $75,209
In San Francisco, property management offers a chance to be part of a dynamic real estate market known for its innovation. With companies like Trinity Properties leading the way, you'll manage unique properties in a city that values sustainability and design.
Find Property Manager jobs in San Francisco, CA
-
San Jose, CA
Average Salary: $70,050
San Jose's booming tech industry creates a great environment for property management. Collaborating with companies like Prometheus Real Estate Group, you can oversee properties that cater to a diverse clientele in the heart of Silicon Valley.
Find Property Manager jobs in San Jose, CA
-
Stamford, CT
Average Salary: $68,889
Stamford provides property managers the opportunity to work in a growing urban area with a family-friendly atmosphere. With significant organizations like RentPath and others, there’s ample opportunity to manage a mix of residential and commercial spaces.
Find Property Manager jobs in Stamford, CT
-
Washington, DC
Average Salary: $68,548
In Washington, DC, property management is exciting due to the mix of historic and modern properties. Managing buildings for organizations like JBG Smith allows for engagement with important community and governmental projects.
Find Property Manager jobs in Washington, DC
-
Miami, FL
Average Salary: $67,516
Miami offers a vibrant and diverse environment for property managers. With companies like Related Group, you can enjoy overseeing properties in a city known for its sunny weather and booming tourism industry.
Find Property Manager jobs in Miami, FL
-
Chicago, IL
Average Salary: $67,179
Chicago's property management field thrives with its rich architecture and diverse neighborhoods. Collaborating with firms like The Habitat Company can lead to the management of various residential properties in a bustling urban landscape.
Find Property Manager jobs in Chicago, IL
-
Seattle, WA
Average Salary: $67,020
Seattle's property management sector is rewarding, with its unique mix of urban living and natural beauty. Companies like Avenue5 Residential provide opportunities to manage properties in a city that values innovation and sustainability.
Find Property Manager jobs in Seattle, WA
-
Stockton, CA
Average Salary: $66,652
In Stockton, property management plays a crucial role in the city's growth. You can work with local companies to manage affordable housing and contribute to a thriving community.
Find Property Manager jobs in Stockton, CA
-
San Diego, CA
Average Salary: $66,047
San Diego offers a fantastic setting for property managers due to its beautiful beaches and family-friendly atmosphere. Leading companies like AvalonBay Communities allow you to oversee properties that cater to the lifestyle of residents in this coastal paradise.
Find Property Manager jobs in San Diego, CA
-
L.A.Financial Agency
Average Salary: $206,552
L.A. Financial Agency offers competitive salaries for Property Managers, especially in urban areas like Los Angeles. They focus on maintaining high standards for property management in both residential and commercial sectors.
-
PwC
Average Salary: $186,622
At PwC, Property Managers oversee properties while ensuring compliance and managing financials. The firm operates in major cities, providing opportunities for advancement in a dynamic work environment.
-
Whitman Business Advisors
Average Salary: $156,136
Whitman Business Advisors employs Property Managers to facilitate effective property operations. They operate mainly in metropolitan areas, offering a collaborative environment to grow your skills.
-
Excellence Services, LLC
Average Salary: $147,128
Excellence Services, LLC focuses on delivering top-notch property management solutions. Property Managers here work across various locations, ensuring client satisfaction and property upkeep.
-
Travelers
Average Salary: $140,546
Travelers employs Property Managers who play critical roles in managing insurance properties. Their operations span several regions, making it a great place for career development in property management.
-
Carrington Mortgage
Average Salary: $135,000
Carrington Mortgage hires Property Managers to oversee real estate assets. They focus on efficiency and innovation, primarily operating in suburban areas, which allows for diverse experiences in the field.
-
Thrive Real Estate Group
Average Salary: $134,415
Thrive Real Estate Group seeks skilled Property Managers to enhance their residential property portfolio. They operate in thriving urban and suburban markets, providing a vibrant work culture.
-
Deloitte
Average Salary: $124,167
Deloitte offers robust opportunities for Property Managers who can manage assets sustainably. The company operates in multiple cities, contributing to a diverse career experience in property management.
-
The EMLIN GROUP, Ltd
Average Salary: $124,000
The EMLIN GROUP, Ltd provides Property Managers with the chance to work on unique property projects. Their reach extends to various locations, making it a compelling choice for professionals in the field.
-
The Quest Organization
Average Salary: $114,455
The Quest Organization supports Property Managers in maximizing property performance. They operate in several key markets, focusing on professionalism and employee growth.
To increase your earnings as a Property Manager, focus on these key factors:
- Enhance Your Skills: Take courses in property management and related fields. Skills in finance, marketing, and maintenance can make you more valuable.
- Expand Your Network: Build relationships with landlords, real estate agents, and contractors. Networking can lead to new job opportunities or referrals.
- Offer Specialized Services: Provide additional services such as tenant screening or property maintenance. These can attract more clients and boost your income.
- Stay Updated on Market Trends: Keep track of local real estate trends. Understanding the market can help you set competitive rates and attract more clients.
- Negotiate Your Fees: Don’t hesitate to discuss your fees with property owners. Present your value and justify higher rates based on your skills and experience.