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Property Manager Salary in Raleigh, NC — 2026

Property Manager salary data for Raleigh, NC — 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 Raleigh, NC is $63,240 per year ($5,270/month, $30/hr). This reflects the local cost of living index of 102, which is 2% above the national average.

Entry Level
$43K
$21/hr
Median
$63K
$30/hr
Senior
$87K
$42/hr
Top Earner
$107K
$51/hr

Property Manager Take-Home Pay in Raleigh

Tax Breakdown (Median Salary)

Gross Annual$63,240
Federal Tax-$5,409
State Tax (4.3%)-$2,688
FICA (SS + Medicare)-$4,838
Annual Take-Home$50,306
Monthly Take-Home$4,192

Living Cost Comparison

Median Rent$1,500/mo
Rent-to-Income Ratio28.5%
Median Home Price$380,000
Cost of Living Index102
City Median Salary$72,000
Property Manager vs City Median$-8,760

Property Manager Requirements

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

Key Skills

Tenant RelationsMaintenanceLeasingBudgetLegal Compliance

Raleigh Job Market Overview

Raleigh, North Carolina has a population of 467,665 and an unemployment rate of 2.8%. The top industries are Technology, Government, Education. The local job growth rate is 3.0%, and the average commute time is 24 minutes.

Property Manager Salary in Nearby North Carolina Cities

Salary Percentile Breakdown — Property Manager in Raleigh

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

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$42,840$21/hrEntry-level, < 1 yr exp.
25th$53,040$26/hrJunior, 1-3 yrs exp.
50th (median)$63,240$30/hrMid-career, 1-3 years
75th$86,700$42/hrSenior, 5-10 yrs exp.
90th (top)$107,100$51/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 Raleigh's Technology sector.

5-Year Salary Trajectory

Property Manager salaries in Raleigh 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
$58,556
Adjusted for Raleigh COL
Today (2026)
$63,240
+8.0% vs 5y ago
Projected 2031
$68,299
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 Raleigh. Negotiation, certifications (CPM Designation), and changing employers strategically can accelerate this trajectory.

Raleigh vs National Average

The national median Property Manager salary is $62,000. In Raleigh, the cost-of-living-adjusted median of $63,240 is 2.0% above the national figure. This reflects Raleigh's cost of living index of 102 (higher than the national average of 100).

For Property Managers, this means: rent typically consumes 35.8% of take-home pay (households spending >30% are considered rent-burdened), and a median home in Raleigh costs about 7.6× annual take-home. Homeownership in Raleigh on this salary is challenging — most experts recommend keeping home costs to 3-4× income.

Industry Context: Technology in Raleigh

Raleigh's economy is anchored by Technology, Government, Education, with 467,665 residents and 2.8% 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 3.0%, 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 Raleigh, NC:

  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 Raleigh index of 102 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%), NC state income tax of 4.3%, 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 Raleigh), 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 Raleigh, NC?
The median Property Manager salary in Raleigh, NC is $63,240 per year as of 2026. This is adjusted for the local cost of living index of 102. Entry-level Property Managers earn around $42,840, while senior-level professionals can earn $86,700 or more.
How much does a Property Manager take home in Raleigh after taxes?
A Property Manager earning the median salary of $63,240 in Raleigh, NC takes home approximately $50,306 per year ($4,192/month) after federal, state, and local taxes. The effective tax rate is 20.5%.
Is Raleigh a good city for Property Managers?
Raleigh, NC has a cost of living index of 102 (above national average). Property Managers here earn below the city median. The local unemployment rate is 2.8% and top industries include Technology, Government, Education.
What skills are needed for a Property Manager in Raleigh?
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 Raleigh compare to the national average?
The national median Property Manager salary is $62,000. In Raleigh, the adjusted salary is $63,240, which is 2.0% 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 Raleigh, NC?

The median Property Manager salary in Raleigh, NC is $63,240 per year as of 2026. This is adjusted for the local cost of living index of 102. Entry-level Property Managers earn around $42,840, while senior-level professionals can earn $86,700 or more.

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

A Property Manager earning the median salary of $63,240 in Raleigh, NC takes home approximately $50,306 per year ($4,192/month) after federal, state, and local taxes. The effective tax rate is 20.5%.

Is Raleigh a good city for Property Managers?

Raleigh, NC has a cost of living index of 102 (above national average). Property Managers here earn below the city median. The local unemployment rate is 2.8% and top industries include Technology, Government, Education.

What skills are needed for a Property Manager in Raleigh?

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 Raleigh compare to the national average?

The national median Property Manager salary is $62,000. In Raleigh, the adjusted salary is $63,240, which is 2.0% higher than the national average, reflecting the local cost of living.