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Property Manager Salary in Phoenix, AZ — 2026

Property Manager salary data for Phoenix, AZ — 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 Phoenix, AZ is $63,860 per year ($5,322/month, $31/hr). This reflects the local cost of living index of 103, which is 3% above the national average.

Entry Level
$43K
$21/hr
Median
$64K
$31/hr
Senior
$88K
$42/hr
Top Earner
$108K
$52/hr

Property Manager Take-Home Pay in Phoenix

Tax Breakdown (Median Salary)

Gross Annual$63,860
Federal Tax-$5,483
State Tax (2.5%)-$1,597
FICA (SS + Medicare)-$4,885
Annual Take-Home$51,895
Monthly Take-Home$4,325

Living Cost Comparison

Median Rent$1,450/mo
Rent-to-Income Ratio27.2%
Median Home Price$380,000
Cost of Living Index103
City Median Salary$60,500
Property Manager vs City Median+$3,360

Property Manager Requirements

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

Key Skills

Tenant RelationsMaintenanceLeasingBudgetLegal Compliance

Phoenix Job Market Overview

Phoenix, Arizona has a population of 1,608,139 and an unemployment rate of 3.5%. The top industries are Technology, Healthcare, Finance. The local job growth rate is 2.8%, and the average commute time is 27 minutes.

Property Manager Salary in Nearby Arizona Cities

Salary Percentile Breakdown — Property Manager in Phoenix

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

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$43,260$21/hrEntry-level, < 1 yr exp.
25th$53,560$26/hrJunior, 1-3 yrs exp.
50th (median)$63,860$31/hrMid-career, 1-3 years
75th$87,550$42/hrSenior, 5-10 yrs exp.
90th (top)$108,150$52/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 Phoenix's Technology sector.

5-Year Salary Trajectory

Property Manager salaries in Phoenix 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
$59,130
Adjusted for Phoenix COL
Today (2026)
$63,860
+8.0% vs 5y ago
Projected 2031
$68,969
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 Phoenix. Negotiation, certifications (CPM Designation), and changing employers strategically can accelerate this trajectory.

Phoenix vs National Average

The national median Property Manager salary is $62,000. In Phoenix, the cost-of-living-adjusted median of $63,860 is 3.0% above the national figure. This reflects Phoenix's cost of living index of 103 (higher than the national average of 100).

For Property Managers, this means: rent typically consumes 33.5% of take-home pay (households spending >30% are considered rent-burdened), and a median home in Phoenix costs about 7.3× annual take-home. Homeownership in Phoenix on this salary is challenging — most experts recommend keeping home costs to 3-4× income.

Industry Context: Technology in Phoenix

Phoenix's economy is anchored by Technology, Healthcare, Finance, with 1,608,139 residents and 3.5% unemployment as of 2026. Property Managers working in the Technology sector typically earn at or above the local median due to industry-specific demand. The state's overall job growth rate is 2.8%, 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 Phoenix, AZ:

  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 Phoenix index of 103 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%), AZ state income tax of 2.5%, 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 (Technology vs others in Phoenix), 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 Phoenix, AZ?
The median Property Manager salary in Phoenix, AZ is $63,860 per year as of 2026. This is adjusted for the local cost of living index of 103. Entry-level Property Managers earn around $43,260, while senior-level professionals can earn $87,550 or more.
How much does a Property Manager take home in Phoenix after taxes?
A Property Manager earning the median salary of $63,860 in Phoenix, AZ takes home approximately $51,895 per year ($4,325/month) after federal, state, and local taxes. The effective tax rate is 18.7%.
Is Phoenix a good city for Property Managers?
Phoenix, AZ has a cost of living index of 103 (above national average). Property Managers here earn above the city median. The local unemployment rate is 3.5% and top industries include Technology, Healthcare, Finance.
What skills are needed for a Property Manager in Phoenix?
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 Phoenix compare to the national average?
The national median Property Manager salary is $62,000. In Phoenix, the adjusted salary is $63,860, which is 3.0% 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 Phoenix, AZ?

The median Property Manager salary in Phoenix, AZ is $63,860 per year as of 2026. This is adjusted for the local cost of living index of 103. Entry-level Property Managers earn around $43,260, while senior-level professionals can earn $87,550 or more.

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

A Property Manager earning the median salary of $63,860 in Phoenix, AZ takes home approximately $51,895 per year ($4,325/month) after federal, state, and local taxes. The effective tax rate is 18.7%.

Is Phoenix a good city for Property Managers?

Phoenix, AZ has a cost of living index of 103 (above national average). Property Managers here earn above the city median. The local unemployment rate is 3.5% and top industries include Technology, Healthcare, Finance.

What skills are needed for a Property Manager in Phoenix?

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 Phoenix compare to the national average?

The national median Property Manager salary is $62,000. In Phoenix, the adjusted salary is $63,860, which is 3.0% higher than the national average, reflecting the local cost of living.