Property, Real Estate Manager Salary Information in Michigan

The average annual and hourly salaries for property, real estate managers in the state of Michigan are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of property, real estate managers amongst Michigan cities 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 Michigan

Percentile BracketAverage Annual Salary
10th Percentile Wage
$27,900
25th Percentile Wage
$37,690
50th Percentile Wage
$57,360
75th Percentile Wage
$82,610
90th Percentile Wage
$120,890

Table 1 shows the average annual salary for property, real estate managers in Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $120,890. The median (50th percentile) annual salary is $57,360. The average annual salary for the bottom 10 percent is $27,900.

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
$57,360
3.85% 26.22%
2016
$55,150
17.77% -
2015
$45,350
0.24% -
2014
$45,240
6.34% -
2013
$42,370
0.12% -
2012
$42,320
- -

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

Table 3 shows the median annual salary of property, real estate managers in some Michigan cities and metropolitan areas. We note that the median annual salary of property, real estate managers in state of Michigan ranges from $37,340 to $96,110. The highest paying area for property, real estate managers in Michigan is Jackson with a median annual salary of $96,110. The second highest paying city/area in Michigan State is Lansing-East Lansing (mean annual salary $61,070). The lowest paying area is Kalamazoo-Portage with a median annual salary of $37,340.

Cities/Areas Median Annual Salary
Jackson
$96,110
Lansing-East Lansing
$61,070
Muskegon-Norton Shores
$61,040
Ann Arbor
$59,220
Detroit-Warren-Livonia
$56,200
Grand Rapids-Wyoming
$55,110
Flint
$54,250
Detroit-Livonia-Dearborn
$53,690
Niles-Benton Harbor
$52,450
Upper Peninsula of Michigan nonmetropolitan area
$52,290
Saginaw-Saginaw Township North
$49,130
Bay City
$48,830
Monroe
$45,920
South Bend-Mishawaka
$43,720
Warren-Troy-Farmington Hills
$43,530
Balance of Lower Peninsula of Michigan nonmetropolitan area
$43,090
Holland-Grand Haven
$42,050
Northwest Lower Peninsula of Michigan nonmetropolitan area
$41,550
Kalamazoo-Portage
$37,340




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