Director of Property Management Salary

Directors of Property Management who are practiced in their profession and carry more than 10 years of experience make up somewhere between two-thirds and three-fourths of Directors of Property Management. Pay fluctuates from $53K to $138K per year, but expected earnings average $82K annually. Total incomes of Directors of Property Management incorporate potential for, in a few cases, more than $21K from bonuses and close to $49K from profit sharing; these performance components cause packages to range between $53K and $138K. Geography is the biggest factor affecting pay for this group, followed by years of experience. Most report receiving medical coverage from their employers and more than half collect dental insurance. Women make up a slight majority of Directors of Property Management (59 percent) survey respondents. Job satisfaction is high and work is enjoyable for most Directors of Property Management. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$53,958 - $126,725
$54K
$82K
$130K
MEDIAN: $82,235
10%
50%
90%

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$12.08 - $89.40
$12
$24
$89
MEDIAN: $24.49
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$53,958 - $126,725  
   
Bonus
$0.00 - $20,798  
Profit Sharing
$507 - $49,316  
Commission
$10,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$52,649 - $138,054  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 191
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30$60$90
Hourly Rate
$12.08 - $89.40  
   
Overtime
$43.29  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Bonus
$0.00 - $20,798  
   
Commission
$10,000  
Profit Sharing
$507 - $49,316  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$52,649 - $138,054  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 10

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United States (change)

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Job Description for Director of Property Management

A director of property management is generally a position held in larger company with multiple real estate holdings, though the type of properties held vary from company to company. Directors of property management oversees maintenance of the properties and day-to-day care. The type of properties managed by the director often dictate specific skillsets, such as expertise in health care or retail leasing. Generally, these individuals must ensure that properties are well-maintained and meet relevant local codes (such as for safety). They also handle budgeting and other relevant financial data, as well as oversee subordinates such as individual building managers and maintenance staff.

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Director of Property Management Tasks

  • Guide and supervise a team of property managers.
  • Resolve any and all conflicts and disputes between tenants and managers.
  • Approve and adhere to budgets and expenditures.
  • Confirm compliance with Landlord Tenant Act.
  • Accurately maintain tenant files and documentation.

Director of Property Management Job Listings

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Popular Skills for Director of Property Management


Directors of Property Management report using a diverse set of skills on the job. Most notably, skills in Financial Analysis, Budget Management, Contract Negotiation, and Operations Management are correlated to pay that is above average. At the other end of the pay range are skills like People Management, Contractor Management, and Project Management. The majority of those who know Operations Management also know Budget Management.

Pay by Experience Level for Director of Property Management

Median of all compensation (including tips, bonus, and overtime) by years of experience.


The average inexperienced worker earns $72K. It's worth noting that someone who has worked for five to 10 years can expect a smaller median salary of $66K. After working for 10 to 20 years, Directors of Property Management make a median salary of $90K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $99K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

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Key Stats for Director of Property Management

Gender

Female
59 %
Male
41 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.
Less than 1 year
0%
1-4 years
6%
5-9 years
21%
10-19 years
33%
20 years or more
39%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Director of Property Management Salaries

▲16%

▲6%

National Average
$85,000

▼15%

▼22%

Skills That Affect Director of Property Management Salaries

Financial Analysis
▲6%


Contract Negotiation
▲1%

Operations Management
▼0%

National Average
$85,000


Project Management
▼14%

Contractor Management
▼15%

People Management
▼17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
0%
1-4 years
6%
5-9 years
21%
10-19 years
33%
20 years or more
39%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 69%
vision benefits
Vision: 49%
dental benefits
None: 15%
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