The average pay for a Property Manager is $15.86 per hour.
The average pay for a Property Manager is $47,932 per year.
Job Description for Property Manager
A property manager oversees the operation of a commercial or residential property. The property manager can oversee a variety of employees, such an accounting department, sales department, maintenance department, and grounds-keeping department. The property manager must do periodic inspections of the various parts of the grounds to make sure that everything is in working order. Additionally, work should be followed up on to ensure swift completion.
Read More...- Process evictions.
- Supervise on-site staff and coordinates repairs and maintenance.
- Process leases, collect rent, make bank deposits, verify income and maintain waiting list.
- Ensure compliance with HUD, TCAC or other regulations.
Popular Employer Salaries for Property Manager
Common Career Paths for Property Manager
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Property Managers who transition into a Portfolio Manager role may receive large pay increases as the latter position pays an average $90K per year. A Property Manager may also move into a role as a Commercial Property Manager or a Community Association Manager.
Property Manager Job Listings
Popular Skills for Property Manager
Survey participants wield an impressively varied skill set on the job. Most notably, skills in Budget Management, Project Management, Operations Management, and Contract Negotiation are correlated to pay that is above average, with boosts between 9 percent and 12 percent. Skills that pay less than market rate include Bookkeeping, Maintenance, and bill collections. Most people experienced in Property Management also know Budget Management, Customer Relations, and Collections. Most people familiar with Customer Service also know Customer Relations.
Pay by Experience Level for Property Manager
Pay by Experience for a Property Manager has a positive trend. An entry-level Property Manager with less than 5 years of experience can expect to earn an average total compensation of $38,000 based on 3,143 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Property Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $46,000 based on 2,538 salaries. An experienced Property Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $50,000 based on 2,426 salaries. A Property Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $53,000 based on 893 salaries.
Pay Difference by Location
For Property Managers, busy New York offers a higher-than-average pay rate, 36 percent above the national average. Property Managers can also look forward to large paychecks in cities like Boston (+27 percent), Chicago (+23 percent), Dallas (+22 percent), and Atlanta (+20 percent).
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Key Stats for Property Manager
Gender
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Female
74 % |
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Male
26 % |
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Job Satisfaction
| Extremely satisfied |
Rated 5 out of 5 based on 2633 votes. |
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