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Property Manager Salary in Boston, MA — 2026

Property Manager salary data for Boston, MA — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

The median Property Manager salary in Boston, MA is $94,240 per year ($7,853/month, $45/hr). This reflects the local cost of living index of 152, which is 52% above the national average.

Entry Level
$64K
$31/hr
Median
$94K
$45/hr
Senior
$129K
$62/hr
Top Earner
$160K
$77/hr

Property Manager Take-Home Pay in Boston

Tax Breakdown (Median Salary)

Gross Annual$94,240
Federal Tax-$11,903
State Tax (5.0%)-$4,712
FICA (SS + Medicare)-$7,209
Annual Take-Home$70,416
Monthly Take-Home$5,868

Living Cost Comparison

Median Rent$2,800/mo
Rent-to-Income Ratio35.7%
Median Home Price$680,000
Cost of Living Index152
City Median Salary$85,000
Property Manager vs City Median+$9,240

Property Manager Requirements

Education
Bachelor's Degree
Experience
1-3 years
Job Growth
3.0% (2024-2034)

Key Skills

Tenant RelationsMaintenanceLeasingBudgetLegal Compliance

Boston Job Market Overview

Boston, Massachusetts has a population of 675,647 and an unemployment rate of 3.5%. The top industries are Healthcare, Education, Technology. The local job growth rate is 2.0%, and the average commute time is 31 minutes.

Property Manager Salary in Nearby Massachusetts Cities

Salary Percentile Breakdown — Property Manager in Boston

Based on the cost-of-living-adjusted distribution for Property Manager in Boston, MA, here's how earnings break down across the workforce:

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$63,840$31/hrEntry-level, < 1 yr exp.
25th$79,040$38/hrJunior, 1-3 yrs exp.
50th (median)$94,240$45/hrMid-career, 1-3 years
75th$129,200$62/hrSenior, 5-10 yrs exp.
90th (top)$159,600$77/hrLead/Principal, 10+ yrs

Percentiles estimated using a log-normal salary distribution model calibrated to Property Manager compensation data. Top earners (P90) typically include managers, specialists with rare skills, or those at high-paying employers in Boston's Healthcare sector.

5-Year Salary Trajectory

Property Manager salaries in Boston have grown approximately 8.0% over the past 5 years, outpacing local CPI inflation in many cases. Here's the historical and projected trajectory:

5 Years Ago
$87,259
Adjusted for Boston COL
Today (2026)
$94,240
+8.0% vs 5y ago
Projected 2031
$101,779
If growth continues

Year-over-year, an average Property Manager can expect a 15.1% annual increase moving from entry to senior level over 5 years in Boston. Negotiation, certifications (CPM Designation), and changing employers strategically can accelerate this trajectory.

Boston vs National Average

The national median Property Manager salary is $62,000. In Boston, the cost-of-living-adjusted median of $94,240 is 52.0% above the national figure. This reflects Boston's cost of living index of 152 (higher than the national average of 100).

For Property Managers, this means: rent typically consumes 47.7% of take-home pay (households spending >30% are considered rent-burdened), and a median home in Boston costs about 9.7× annual take-home. Homeownership in Boston on this salary is challenging — most experts recommend keeping home costs to 3-4× income.

Industry Context: Healthcare in Boston

Boston's economy is anchored by Healthcare, Education, Technology, with 675,647 residents and 3.5% unemployment as of 2026. Property Managers working in the Healthcare sector typically earn at or above the local median due to industry-specific demand. The state's overall job growth rate is 2.0%, and Property Manager occupations specifically are projected to grow 3.0% nationally through 2034 (BLS Occupational Outlook Handbook).

Methodology & Data Sources

How we calculate Property Manager salaries in Boston, MA:

  1. Base salary model starts with Salario occupation data and public wage references, including BLS OEWS and O*NET when a direct or related occupational crosswalk is available. For niche titles, we do not treat a broader SOC family as an exact job-title wage.
  2. Cost-of-living adjustment applied using the Boston index of 152 relative to the national baseline of 100, with local rent, home price, unemployment, and tax inputs checked separately.
  3. Percentile distribution (P10-P90) estimated from the entry, median, senior, and top compensation tiers in the Salario salary model rather than claimed as exact employer payroll data.
  4. Take-home pay calculated using 2026 federal tax brackets (10%-37%), MA state income tax of 5.0%, and FICA (Social Security 6.2% + Medicare 1.45%).
  5. Tax brackets and standard deduction ($16,100 single filer for tax year 2026) sourced from IRS Revenue Procedure 2025-32 and updated annually.

Authoritative data sources:

Last reviewed: 2026. Salary data updated annually as new BLS releases become available. Property Manager salaries can vary significantly based on employer, sector (Healthcare vs others in Boston), specific skill set (Tenant Relations, Maintenance, Leasing), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.

Frequently Asked Questions

What is the average Property Manager salary in Boston, MA?
The median Property Manager salary in Boston, MA is $94,240 per year as of 2026. This is adjusted for the local cost of living index of 152. Entry-level Property Managers earn around $63,840, while senior-level professionals can earn $129,200 or more.
How much does a Property Manager take home in Boston after taxes?
A Property Manager earning the median salary of $94,240 in Boston, MA takes home approximately $70,416 per year ($5,868/month) after federal, state, and local taxes. The effective tax rate is 25.3%.
Is Boston a good city for Property Managers?
Boston, MA has a cost of living index of 152 (above national average). Property Managers here earn above the city median. The local unemployment rate is 3.5% and top industries include Healthcare, Education, Technology.
What skills are needed for a Property Manager in Boston?
Key skills for Property Managers include Tenant Relations, Maintenance, Leasing, Budget, Legal Compliance. Typical education requirement is Bachelor's Degree. Valuable certifications include CPM Designation.
How does Property Manager salary in Boston compare to the national average?
The national median Property Manager salary is $62,000. In Boston, the adjusted salary is $94,240, which is 52.0% higher than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Property Manager salary in Boston, MA?

The median Property Manager salary in Boston, MA is $94,240 per year as of 2026. This is adjusted for the local cost of living index of 152. Entry-level Property Managers earn around $63,840, while senior-level professionals can earn $129,200 or more.

How much does a Property Manager take home in Boston after taxes?

A Property Manager earning the median salary of $94,240 in Boston, MA takes home approximately $70,416 per year ($5,868/month) after federal, state, and local taxes. The effective tax rate is 25.3%.

Is Boston a good city for Property Managers?

Boston, MA has a cost of living index of 152 (above national average). Property Managers here earn above the city median. The local unemployment rate is 3.5% and top industries include Healthcare, Education, Technology.

What skills are needed for a Property Manager in Boston?

Key skills for Property Managers include Tenant Relations, Maintenance, Leasing, Budget, Legal Compliance. Typical education requirement is Bachelor's Degree. Valuable certifications include CPM Designation.

How does Property Manager salary in Boston compare to the national average?

The national median Property Manager salary is $62,000. In Boston, the adjusted salary is $94,240, which is 52.0% higher than the national average, reflecting the local cost of living.