Director of Property Management Salary

The majority of Directors of Property Management in the United States — between two-thirds and three-fourths — boast more than 10 years of experience in their profession. Salaries stretch from $54K to $135K per year, and the median is $81K annually. In the world of Directors of Property Management, overall cash allowance can occasionally include more than $21K from bonuses and, in some exceptional cases, $17K from profit sharing, causing incomes to vary widely between $54K and $135K. Location is the biggest factor affecting pay for this group, followed by tenure. The majority of Directors of Property Management (63 percent) who took the survey are women. Most Directors of Property Management like their work and job satisfaction is high. Most report receiving medical coverage from their employers and the larger part collect dental insurance. This report is based on answers to PayScale's salary questionnaire.
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$54,206 - $123,939
$54K
$81K
$120K
MEDIAN: $80,870
10%
50%
90%

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$15.89 - $41.56
$24
MEDIAN: $24.00
50%

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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
$54,206 - $123,939  
   
Bonus
$0.00 - $20,859  
Profit Sharing
$507 - $16,768  
Commission
$9,887  
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).
)
$53,803 - $135,132  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 194
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$25$50$75
Hourly Rate
$24.00  
   
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$50K$100K$150K
Bonus
$0.00 - $20,859  
   
Commission
$9,887  
Profit Sharing
$507 - $16,768  
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).
)
$53,803 - $135,132  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 9

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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


Survey results imply that Directors of Property Management put a diverse skill set to use. Most notably, skills in Financial Analysis, Budget Management, Contract Negotiation, and Operations Management are correlated to pay that is above average. Skills that pay less than market rate include People Management, Contractor Management, and Project Management. Most people skilled in Operations Management are similarly competent in Budget Management.

Pay by Experience Level for Director of Property Management

Pay by Experience for a Director of Property Management has a positive trend. An entry-level Director of Property Management with less than 5 years of experience can expect to earn an average total compensation of $72,000 based on 24 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Director of Property Management with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $66,000 based on 58 salaries. An experienced Director of Property Management which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $90,000 based on 96 salaries. A Director of Property Management with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $99,000 based on 78 salaries.

Related Job Salaries

Key Stats for Director of Property Management

Gender

Female
63 %
Male
37 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.
Less than 1 year
0%
1-4 years
7%
5-9 years
21%
10-19 years
33%
20 years or more
38%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Director of Property Management Salaries

▲17%

▲7%

National Average
$84,000

▼14%

▼21%

Skills That Affect Director of Property Management Salaries

Financial Analysis
▲7%


Operations Management
▲2%

Contract Negotiation
▲2%


National Average
$84,000

Project Management
▼13%

Contractor Management
▼14%

People Management
▼16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

Less than 1 year
0%
1-4 years
7%
5-9 years
21%
10-19 years
33%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 69%
vision benefits
Vision: 49%
no benefits
None: 12%
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