Property Manager Salary in 2026
Manage residential and commercial properties including maintenance, leasing, and tenant relations.
Median Salary
$62,000
$5,167/mo
Entry Level
$42,000
starting pay
Senior Level
$85,000
experienced
Job Growth
+3%
10-yr outlook
Property Manager Overview
Manage residential and commercial properties including maintenance, leasing, and tenant relations.
Education
Bachelor's Degree
Experience
1-3 years
Industry
Real Estate
Total Jobs (US)
340K
5-Year Growth
+8%
Category
Real Estate
Hourly Rate
$29.81/hr
Monthly Pay
$5,167
Property Manager Salary Calculator
Adjust your state and experience level to see the estimated Property Manager salary in your area.
Mid Career (5-9 yrs)
Estimated Property Manager Salary
$70,000
$5,833/month · $2,692/biweekly · $33.65/hr
Property Manager Salary Range
Salary distribution from entry-level to top earners in the Property Manager field.
Entry-level Property Managers earn around $42,000, while the top 10% earn $95,000 or more.
Top Paying States for Property Managers
| State | Est. Median Salary | vs National |
|---|---|---|
| California | $73,000 | +$11,000 |
| New York | $71,000 | +$9,000 |
| Illinois | $64,000 | +$2,000 |
| Texas | $61,000 | $-1,000 |
| Florida | $61,000 | $-1,000 |
Top Paying Cities for Property Managers
| City | Est. Median Salary | vs National |
|---|---|---|
| New York | $73,000 | +$11,000 |
| Los Angeles | $69,000 | +$7,000 |
| Chicago | $65,000 | +$3,000 |
| Miami | $63,000 | +$1,000 |
| Houston | $61,000 | $-1,000 |
Required Skills & Certifications
Key Skills
Certifications
Property Manager Career Progression
Typical salary growth path for a Property Manager from entry level to expert.
$42,000
0-2 years
$64,000
3-7 years
$85,000
8-14 years
$105,000
15+ years
Property Manager Salary FAQ
How much does a Property Manager make in 2026?
The median salary for a Property Manager in the United States is $62,000 per year in 2026. Entry-level positions start around $42,000, while senior professionals earn up to $85,000. Top earners in the field can make $105,000 or more annually.
What education is needed to become a Property Manager?
A Property Manager typically requires a Bachelor's Degree with 1-3 years of experience. Key skills include Tenant Relations, Maintenance, Leasing. Relevant certifications such as CPM Designation can boost earning potential and career advancement.
What is the job outlook for Property Managers?
The job market for Property Managers is projected to grow by 3% over the next decade. There are currently approximately 340K Property Manager positions in the US. Salary growth over the past 5 years has been approximately 8%, reflecting moderate demand for this role.
Which states pay Property Managers the most?
The highest-paying states for Property Managers include California, New York, Texas. In California, the median salary is approximately $73,000. However, cost of living varies significantly, so adjusted purchasing power should be considered when comparing salaries across states.
How can I increase my Property Manager salary?
To increase your Property Manager salary, focus on gaining expertise in high-demand skills like Tenant Relations and Maintenance. Pursue certifications such as CPM Designation. Consider relocating to higher-paying markets like Los Angeles. With 1-3 years of experience, you can progress from $42,000 to $85,000 or more.
Methodology & Data Sources — Property Manager Salary
How we calculate Property Manager salary data: Our figures combine BLS Occupational Employment and Wage Statistics (OEWS) for the national salary baseline, adjusted by cost-of-living multipliers from the C2ER Cost of Living Index. State-level estimates use BLS regional wage survey data weighted by occupation employment counts. We calibrate entry/senior/top-level tiers against BLS percentile distributions (P10, P25, P75, P90) for this occupation.
- National median salary: $62,000 — sourced from BLS OEWS for SOC code corresponding to Property Manager in the Real Estate sector.
- Entry-level ($42,000) and senior-level ($85,000) figures reflect BLS P25 and P75 percentile wage estimates adjusted for experience.
- Job outlook: +3% projected growth through 2034, from BLS Employment Projections program. Approximately 340K total positions nationwide.
- 5-year salary growth: 8% over the past 5 years, derived from BLS Employment Cost Index for Real Estate sector wages.
- Education requirement: Bachelor's Degree, per BLS Occupational Outlook Handbook entry for this occupation.
- State-level estimates use BLS regional CPI-U data and OEWS metropolitan area wage surveys, normalized to the national median of $62,000.
Authoritative US data sources for Property Manager compensation:
- BLS Occupational Employment and Wage Statistics (OEWS) — national and metro-area salary data
- BLS Occupational Outlook Handbook — Property Manager job projections, education, and career outlook
- BLS Employment Projections — 10-year occupation growth and decline data
- BLS Employment Cost Index — quarterly compensation trend data for Real Estate
- BLS Consumer Price Index (CPI-U) — regional inflation for cost-of-living wage adjustments
- IRS Revenue Procedure 2025-32 summary — 2026 federal tax brackets and standard deductions
Disclaimer: Property Manager salary figures are statistical estimates for general guidance. Actual compensation depends on employer, location, negotiation, specific skills (Tenant Relations, Maintenance, Leasing), certifications, and industry conditions. Always verify with multiple sources including current job listings, recruiter data, and direct employer offers before making career decisions.
Reviewed by Brazora Monk · Last updated May 17, 2026 · BLS data current as of latest OEWS annual release
Explore More Job Salaries
Compare salary data for hundreds of jobs across all industries. Find out what you should be earning.