How much does a Property Manager make?

The average salary for a Property Manager is $67,218 per year in United States. Salaries estimates are based on 21558 salaries submitted anonymously to Glassdoor by a Property Manager employees in United States.

The highest salary for a Property Manager in United States is $86,405 per year.

The lowest salary for a Property Manager in United States is $52,901 per year.

If you are thinking of becoming a Property Manager or planning the next step in your career, find details about the role, the career path and salary trajectory of a Property Manager.

Pay for property managers often reaches into the low six-figure range, which reflects their critical role and sometimes stressful responsibilities. This pay is similar to pay for compensation and benefits managers, human resources managers, postsecondary education administrators, and even executives at smaller firms. Pay is expected to remain steady, along with demand, over the next decade.

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According to anonymous Glassdoor ratings, around 70% of property managers report satisfaction with their salary. If you have several years of experience and an advanced degree, your base salary plus potential additional pay of $14,142.60 per year may qualify a property manager's compensation as good.

Property managers' pay ranges between $42,685.34 and $107,575.37. The estimated total pay of $67,218.38 is based on the average of all employees in the profession; however, a property manager's career path depends on more than experience. A higher level of education and completed continuing education from The Institute of Real Estate Management can take you up the ladder to a higher-paying position.

If you are looking to make more money in your career as a property manager, you must increase your value to your employer. Consider going back to school to earn a master's degree in your current field, or choose a related field, such as business management or marketing to expand your expertise. Add certificates of proficiency in skills such as human resource management or updated accounting practices to your resume. When it comes to how much a property manager makes, education and skills play a big part in how much an employer is willing to pay.

When negotiating your initial salary, be sure to highlight all of your attributes, not just education or experience. Skills that may be valuable in a property manager job are:

- Office software proficiency, such a spreadsheets and accounting software

- Human resources experience

- Customer service experience

- Experience dealing with vendors and suppliers

- Problem resolution skills

- Crisis management skills

- Sales and marketing experience

When negotiating for a higher salary in a current position, you should:

1. Point out concrete examples of accomplishments

2. Give examples of times you went above and beyond your required duties to solve a problem or lend a hand when needed

3. Present additional certifications or educational credits earned