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 2016 and published in April 2017 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Property, Real Estate Managers in Memphis, Tennessee

Percentile BracketAverage Annual Salary
10th Percentile Wage
$22,910
25th Percentile Wage
$32,110
50th Percentile Wage
$39,590
75th Percentile Wage
$54,150
90th Percentile Wage
$72,260

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 $72,260. The median (50th percentile) annual salary is $39,590. The average annual salary for the bottom 10 percent earners is $22,910.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$11.02
25th Percentile Wage
$15.44
50th Percentile Wage
$19.03
75th Percentile Wage
$26.03
90th Percentile Wage
$34.74

Table 2 shows the average hourly salary for property, real estate managers in Memphis, Tennessee. The average hourly salary for the 90th percentile is $34.74. The median hourly salary is $19.03. The average hourly salary for the bottom 10 percent is $11.02.

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
201639,5903.36%10.05%
201538,2600.26%-
201438,1606.42%-
201335,7100.28%-
201235,610--

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 $39,590 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 18.0 percent (18.0%) lower than that in the highest paying Chattanooga and 9.6 percent (9.6%) higher than that in the lowest paying North Central Tennessee nonmetropolitan area.

Cities/Areas Median Annual Salary
Chattanooga
$48,280
Nashville-Davidson--Murfreesboro--Franklin
$46,670
South Central Tennessee nonmetropolitan area
$46,440
Jackson
$45,690
Knoxville
$44,230
Memphis
$39,590
Clarksville
$39,240
Johnson City
$38,330
Western Tennessee nonmetropolitan area
$38,310
Eastern Tennessee nonmetropolitan area
$37,480
North Central Tennessee nonmetropolitan area
$35,770

See also: Top paying jobs in Memphis, Tennessee.