Property Manager Salary in 2026
Manage residential and commercial properties including maintenance, leasing, and tenant relations.
Median Salary
$69,990
$5,833/mo
Entry Level
$47,400
starting pay
Senior Level
$96,000
experienced
Job Growth
+3%
10-yr outlook
BLS OEWS May 2025 · official national figures
BLS reports Property, Real Estate, and Community Association Managers (SOC 11-9141) at a national median of $69,990 per year (mean $83,710), or $33.65 per hour, with 311,180 people employed nationwide. The median above is this BLS figure; the entry, senior and top tiers are Salario estimates calibrated to it. Source: BLS Occupational Employment and Wage Statistics, May 2025 release.
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)
311K
5-Year Growth
+8%
Category
Real Estate
Hourly Rate
$33.65/hr
Monthly Pay
$5,833
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
$79,000
$6,583/month · $3,038/biweekly · $37.98/hr
Property Manager Salary Range
Salary distribution from entry-level to top earners in the Property Manager field.
Entry-level Property Managers earn around $47,400, while the top 10% earn $107,250 or more.
Top Paying States for Property Managers
| State | Est. Median Salary | vs National |
|---|---|---|
| California | $83,000 | +$13,010 |
| New York | $80,000 | +$10,010 |
| Illinois | $73,000 | +$3,010 |
| Texas | $69,000 | $-990 |
| Florida | $69,000 | $-990 |
Top Paying Cities for Property Managers
| City | Est. Median Salary | vs National |
|---|---|---|
| New York | $83,000 | +$13,010 |
| Los Angeles | $78,000 | +$8,010 |
| Chicago | $73,000 | +$3,010 |
| HoustonBLS metro | $72,950 | +$2,960 |
| Miami | $71,000 | +$1,010 |
Rows marked BLS metro are the BLS OEWS May 2025 median annual wage for Property, Real Estate, and Community Association Managers in that city's metropolitan statistical area (1 of 5); the remaining rows are Salario estimates that scale the national median by a city cost-of-labor multiplier.
Property Manager Salary by City
Published city-level wage and take-home pay guides for Property Manager.
Required Skills & Certifications
Key Skills
Certifications
Property Manager Career Progression
Typical salary growth path for a Property Manager from entry level to expert.
$47,400
0-2 years
$72,000
3-7 years
$96,000
8-14 years
$118,500
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 $69,990 per year, the BLS OEWS May 2025 national median for Property, Real Estate, and Community Association Managers (SOC 11-9141); the mean is $83,710. Salario's calibrated tiers put entry-level positions around $47,400, senior professionals around $96,000, and top earners at $118,500 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 311K 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 $83,000. 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 $47,400 to $96,000 or more.
Methodology & Data Sources: Property Manager Salary
How we calculate Property Manager salary data: The national median is the official BLS OEWS May 2025 annual median wage for Property, Real Estate, and Community Association Managers (SOC 11-9141), retrieved from the BLS Public Data API. The entry, senior and top tiers are a Salario model: the shape of the distribution is Salario's, rescaled so that its median equals the BLS median. State and most city figures are Salario estimates that apply cost-of-labor multipliers to that median.
- National median salary: $69,990, BLS OEWS May 2025 annual median for Property, Real Estate, and Community Association Managers; BLS mean $83,710; BLS hourly median $33.65.
- Entry-level ($47,400) and senior-level ($96,000) are Salario tiers calibrated to the BLS median; they are not BLS percentiles. BLS publishes P10/P25/P75/P90 wages for this occupation in its OEWS tables.
- Job outlook: +3% projected growth is Salario's outlook figure; compare with the BLS Employment Projections program. BLS OEWS May 2025 counts 311,180 Property, Real Estate, and Community Association Managers jobs nationwide.
- 5-year salary growth: 8% is a Salario estimate of past 5-year wage growth for the Real Estate sector, informed by the BLS Employment Cost Index.
- Education requirement: Bachelor's Degree, per BLS Occupational Outlook Handbook entry for this occupation.
- State and city estimates apply Salario cost-of-labor multipliers to the national median of $69,990; city rows marked "BLS metro" are real OEWS metropolitan-area medians instead.
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 Harlan Voss · Last updated May 17, 2026 · BLS figures: OEWS May 2025 release (published May 2026), retrieved from the BLS API on September 17, 2026
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