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 among Michigan 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 2016 and published in April 2017 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$26,600
25th Percentile Wage
$37,290
50th Percentile Wage
$55,150
75th Percentile Wage
$77,720
90th Percentile Wage
$104,850

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 $104,850. The median (50th percentile) annual salary is $55,150. The average annual salary for the bottom 10 percent is $26,600.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$12.79
25th Percentile Wage
$17.93
50th Percentile Wage
$26.51
75th Percentile Wage
$37.36
90th Percentile Wage
$50.41

Table 2 shows the average hourly salary for property, real estate managers in Michigan in 5 percentile scales. The average hourly salary for the 90th percentile is $50.41. The median hourly salary is $26.51. The average hourly salary for the bottom 10 percent is $12.79.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of property, real estate managers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201655,15017.77%23.26%
201545,3500.24%-
201445,2406.34%-
201342,3700.12%-
201242,320--

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 $39,480 to $97,730. The highest paying area for property, real estate managers in Michigan is Jackson with a median annual salary of $97,730. The second highest paying city/area in Michigan State is Lansing-East Lansing (mean annual salary $65,520). The lowest paying area is Monroe with a median annual salary of $39,480.

Cities/Areas Median Annual Salary
Jackson
$97,730
Lansing-East Lansing
$65,520
Ann Arbor
$60,460
Grand Rapids-Wyoming
$57,120
Detroit-Warren-Livonia
$56,200
Flint
$55,520
Niles-Benton Harbor
$53,400
Detroit-Livonia-Dearborn
$47,900
Upper Peninsula of Michigan nonmetropolitan area
$44,000
Warren-Troy-Farmington Hills
$43,530
Balance of Lower Peninsula of Michigan nonmetropolitan area
$43,090
South Bend-Mishawaka
$42,720
Holland-Grand Haven
$42,050
Saginaw-Saginaw Township North
$41,990
Northwest Lower Peninsula of Michigan nonmetropolitan area
$41,770
Kalamazoo-Portage
$39,550
Monroe
$39,480


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