Director of Property Management Salary

The majority of Directors of Property Management in the United States — more than two-thirds — boast more than 10 years of experience in their profession. Salaries stretch from $54K to $139K per year, and the median is $81K per year. With some bonuses approaching $21K and certain profit sharing proceeds approaching $17K, overall incomes of Directors of Property Management spread between $54K and $139K depending on individual performance. Geography and career length each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and a majority collect dental insurance. Most Directors of Property Management report high levels of job satisfaction. Female Directors of Property Management survey participants are more prevalent than men — 67 percent of professionals. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$55,568 - $125,566
$56K
$82K
$130K
MEDIAN: $81,803
10%
50%
90%

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$12.16 - $88.77
$12
$18
$89
MEDIAN: $17.90
10%
50%
90%

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$0$142K
Salary $55,568 - $125,566
Bonus $1,032 - $24,681
Profit Sharing $1,939 - $29,900
Commission $7,122
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).
)
$54,093 - $142,286
  • Country: United States
  • Currency: USD
  • Updated: 13 Oct 2017
  • Individuals Reporting: 200
Hourly Data $0$88
Hourly Rate $12.16 - $88.77
Overtime $44.67
Annual Data $0$142K
Bonus $1,032 - $24,681
Commission $7,122
Profit Sharing $1,939 - $29,900
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).
)
$54,093 - $142,286
  • Country: United States
  • Currency: USD
  • Updated: 13 Oct 2017
  • Individuals Reporting: 11

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

Popular Skills for Director of Property Management


Overall, survey participants reported applying a fair number of skills to their work. 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. 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
62 %
Male
38 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 55 votes.
1-4 years
9%
5-9 years
16%
10-19 years
37%
20 years or more
38%

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 55 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

1-4 years
9%
5-9 years
16%
10-19 years
37%
20 years or more
38%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 67%
vision benefits
Vision: 47%
no benefits
None: 14%