Property, Real Estate Manager Salary Information in Memphis, Tennessee

The annual and hourly salary statistics of property, real estate managers in Memphis, Tennessee are shown in Table 1 and Table 2, respectively. The wage information of property, real estate managers in Memphis is 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 & Table 2. Annual & Hourly Salaries of Property, Real Estate Managers in Memphis, Tennessee

Percentile BracketAverage Annual Salary
10th Percentile Wage
$24,870
25th Percentile Wage
$35,070
50th Percentile Wage
$45,520
75th Percentile Wage
$61,000
90th Percentile Wage
$77,670

Table 1 shows the average annual salary for property, real estate managers in Memphis, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $77,670. The median (50th percentile) annual salary is $45,520. The average annual salary for the bottom 10 percent earners is $24,870.

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
$45,520
13.03% 21.77%
2016
$39,590
3.36% -
2015
$38,260
0.26% -
2014
$38,160
6.42% -
2013
$35,710
0.28% -
2012
$35,610
- -

Table 3. Compare Property, Real Estate Manager Salary in Memphis with Other Tennessee Cities

From Table 3 we note that the median annual salary of $45,520 in Memphis is in the middle of salary range for property, real estate managers in state of Tennessee. In comparison, the annual salary of property, real estate managers in Memphis is 13.0 percent (13.0%) lower than that in the highest paying Eastern Tennessee nonmetropolitan area and 22.1 percent (22.1%) higher than that in the lowest paying Morristown.

Cities/Areas Median Annual Salary
Eastern Tennessee nonmetropolitan area
$52,330
Nashville-Davidson--Murfreesboro--Franklin
$48,120
Chattanooga
$47,870
Memphis
$45,520
Johnson City
$45,450
Jackson
$44,700
Western Tennessee nonmetropolitan area
$44,460
North Central Tennessee nonmetropolitan area
$43,680
Knoxville
$42,930
South Central Tennessee nonmetropolitan area
$36,340
Clarksville
$36,140
Morristown
$35,470



See also: Top paying jobs in Memphis, Tennessee.