Property, Real Estate Manager Salary Information in Illinois

The average annual and hourly salaries for property, real estate managers in the state of Illinois are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of property, real estate managers among Illinois metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Property, Real Estate Managers in Illinois

Percentile BracketAverage Annual Salary
10th Percentile Wage
$24,670
25th Percentile Wage
$42,940
50th Percentile Wage
$59,220
75th Percentile Wage
$85,250
90th Percentile Wage
$111,640

Table 1 shows the average annual salary for property, real estate managers in Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $111,640. The median (50th percentile) annual salary is $59,220. The average annual salary for the bottom 10 percent is $24,670.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of property, real estate managers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$59,220
3.63% 10.50%
2016
$57,070
-2.96% -
2015
$58,760
4.78% -
2014
$55,950
2.16% -
2013
$54,740
3.18% -
2012
$53,000
- -

Table 3. Median Annual Salary of Property, Real Estate Managers in Illinois Cities

Table 3 shows the median annual salary of property, real estate managers in some Illinois cities and metropolitan areas. We note that the median annual salary of property, real estate managers in state of Illinois ranges from $29,400 to $67,210. The highest paying area for property, real estate managers in Illinois is Springfield with a median annual salary of $67,210. The second highest paying city/area in Illinois State is Chicago-Joliet-Naperville (IL Metropolitan Division) (mean annual salary $63,590). The lowest paying area is South Illinois nonmetropolitan area with a median annual salary of $29,400.

Cities/Areas Median Annual Salary
Springfield
$67,210
Chicago-Joliet-Naperville (IL Metropolitan Division)
$63,590
Chicago-Joliet-Naperville (IL-IN-WI Area)
$61,680
Northwest Illinois nonmetropolitan area
$58,250
Bloomington-Normal
$56,560
Decatur
$48,400
East Central Illinois nonmetropolitan area
$46,340
Champaign-Urbana
$43,270
Rockford
$38,530
West Central Illinois nonmetropolitan area
$38,040
Peoria
$35,180
South Illinois nonmetropolitan area
$29,400




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