For Property Accountants, yearly average wages total $51K annually. Final cash compensation to Property Accountants varies from around $39K to approximately $68K; choice pay grades include potential for bonuses and profit sharing as high as $6K and $5K, respectively. Geography is the biggest factor affecting pay for this group, followed by career length. Medical benefits are awarded to most, and a strong majority earn dental coverage. Job satisfaction is high and work is enjoyable for most Property Accountants. Most Property Accountants survey respondents are women (72 percent). The data for this snapshot was collected from individuals who took PayScale's salary survey.

$40,092 - $66,356
$40K
$51K
$66K
MEDIAN: $51,388
10%
50%
90%

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$16.52 - $27.89
$17
$21
$28
MEDIAN: $20.73
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$23K$46K$69K
Salary
$40,092 - $66,356  
   
Bonus
$403.59 - $6,474  
Profit Sharing
$0.00 - $4,966  
Commission
$1,750  
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).
)
$39,024 - $67,651  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 475
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$14$28$42
Hourly Rate
$16.52 - $27.89  
   
Overtime
$26.02 - $41.53  
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$28K$56K$84K
Bonus
$403.59 - $6,474  
   
Commission
$1,750  
Profit Sharing
$0.00 - $4,966  
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).
)
$39,024 - $67,651  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 78

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Property Accountant

Property accountants are in charge of handling property accounting tasks for their company. They are responsible for completing sound financial analysis and balance sheet account reconciliation. In addition, they prepare regular reports (usually monthly) based on organizational objectives.

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Property Accountant Tasks

  • Prepare and post entries to the general ledger and manage the monthly close process.
  • Prepare and implement audit schedules and process re-engineering to reduce financial errors.
  • Reconcile balance sheets, accounts, and invoices.
  • Prepare monthly, quarterly, and ad hoc reports with variance explanations.

Common Career Paths for Property Accountant


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As Property Accountants transition into upper-level roles such as Financial Controller, they may see a strong upturn in salary. Financial Controllers earn $77K on average per year. When Property Accountants are ready for the next step in their careers, they often become Senior Accountants or Senior Property Management Accountants. Those roles pay an additional $8K and $14K, respectively.

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Popular Skills for Property Accountant


Property Accountants generally report applying a varied skill set to their work. Most notably, skills in Accounting, Budgeting, Financial Analysis, and Microsoft Excel are correlated to pay that is above average, with boosts between 4 percent and 15 percent. Skills that are correlated to lower pay, on the other hand, include Accounts Receivable. Most people who know Accounts Payable also know Financial Reporting.

Pay by Experience Level for Property Accountant

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


For Property Accountants, more experience in the field does not usually mean bigger paychecks. Although individuals who have less than five years' experience earn $49K on average, people with five to 10 years benefit from a notably larger average of $55K. Property Accountants who work for 10 to 20 years in their occupation tend to earn about $55K. In the end, more experience does seem to mean larger paychecks; seasoned Property Accountants with more than 20 years of experience earn a predictably higher median salary of $58K.

Pay Difference by Location

National Average: $51,417

Larger city markers indicate a job is popular in that location.

Surpassing the national average by 34 percent, Property Accountants in Washington receive some of the highest pay in the country. Property Accountants can also look forward to large paychecks in cities like New York (+27 percent), Austin (+21 percent), Chicago (+16 percent), and Boston (+11 percent). In Virginia Beach, salaries are 19 percent below the national average and represent the lowest-paying market. A couple other locations with smaller-than-average paychecks include Los Angeles (5 percent lower) and Dallas (3 percent lower).

Property Accountant Reviews

Q: What is it like working as a Property Accountant?

Property Accountant in Boston:
"Very difficult to Learn and Grow."
Pros: My company is wiling to give me more work to don't the don't promote or give me more money.
Cons: No one is teaching me anything. Everything I do is learning by mistake. I'm performing tasks outside my job description.

Related Job Salaries

Key Stats for Property Accountant

Gender

Female
72 %
Male
28 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 84 votes.
051
Less than 1 year
5%
1-4 years
52%
5-9 years
20%
10-19 years
17%
20 years or more
6%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Property Accountant Salaries




National Average
$51,000


Skills That Affect Property Accountant Salaries

Accounting
up arrow 15%






Financial Reporting
0%

National Average
$51,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 84 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
5%
1-4 years
52%
5-9 years
20%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 74%
vision benefits
Vision: 59%
dental benefits
None: 12%
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