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Property, Real Estate Manager Salary Information

The salary statistics of property, real estate managers are shown in Table 1. In the next few tables we compare the average salaries of property, real estate managers within different industry sectors and in the 50 states of the United States. The property, real estate managers annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2014 and published in May 2015 [1].

Table 1. Property, Real Estate Manager Salary in the United States

Percentile BracketAverage Annual Salary
90th Percentile Wage
$117,130
75th Percentile Wage
$78,230
50th Percentile Wage
$54,270
25th Percentile Wage
$38,230
10th Percentile Wage
$28,240

Table 1 shows the average annual salary for property, real estate managers. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) property, real estate managers is $117,130. The median annual salary (50th percentile) is $54,270. The average annual salary for the bottom 10 percent is $28,240. We note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 314% higher than that of the bottom 10 percent.

Table 2. Salary Trend

YearAverage Annual SalaryGrowth (%)
2014 $54,270 2.01%
2013 $53,200 1.12%
2012 $52,610 0.19%
2011 $52,510 2.00%
2010 $51,480 -

Table 2 shows the salary trend for property, real estate managers from 2010 to 2014. We note that from 2010 to 2014 the average salary has increased by 5.42%. We note that in 2013 the average salary increased by 1.12%. We also note that the average annual wage had a very small growth of 0.19% in 2012 and a moderate growth of 2.00% in 2011.

Table 3. Average Salary of Property, Real Estate Managers vs. Related Jobs

Table 4. Property, Real Estate Manager Salary by Industry Sector

The average salaries of property, real estate managers in 18 major industry sectors are shown in Table 4. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for property, real estate managers occupations is the mining sector with an annual salary $97,910. The lowest paying sector is the accommodation and food services sector (annual salary $49,440).

Industry Sector Median Annual Salary
Mining
$97,910
Transportation and Warehousing
$94,050
Utilities
$93,350
Finance and Insurance
$88,340
Educational Services
$87,750
Manufacturing
$85,610
Management of Companies and Enterprises
$82,310
Professional, Scientific, and Technical Services
$69,370
Federal, State, and Local Government
$66,500
Retail Trade
$66,490
Construction
$63,090
Wholesale Trade
$60,940
Arts, Entertainment, and Recreation
$59,660
Health Care and Social Assistance
$54,140
Administrative and Support and Waste Management and Remediation Services
$54,080
Other Services (except Federal, State, and Local Government)
$53,270
Real Estate and Rental and Leasing
$51,520
Accommodation and Food Services
$49,440

Table 5. Median Annual Wage of Property, Real Estate Managers by States

From the above tables we note that not only property, real estate managers salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of property, real estate managers in all 50 states of the United States. We note that the median annual salaries range from $27,340 to $82,920. The highest paying state for property, real estate managers is New York with a median annual salary of $82,920. The lowest paying state is Idaho with a median annual salary of $27,340. For more salary information of property, real estate managers profession in a specific state, use the links in the table.

State Name Median Annual Salary
New York
$82,920
Virginia
$82,510
District of Columbia
$78,710
Massachusetts
$72,310
Maryland
$70,960
New Jersey
$69,150
Colorado
$64,940
Alabama
$64,900
Washington
$64,720
Nebraska
$63,400
California
$61,750
Pennsylvania
$61,420
Connecticut
$61,180
Texas
$60,590
Rhode Island
$60,110
Delaware
$60,070
Vermont
$59,450
Alaska
$59,300
North Carolina
$58,440
Oregon
$56,780
Illinois
$55,950
Minnesota
$54,580
Georgia
$54,340
New Hampshire
$53,500
Kansas
$52,820
Maine
$49,450
Florida
$48,190
Hawaii
$47,440
North Dakota
$47,300
Indiana
$46,800
Oklahoma
$46,590
Wisconsin
$46,560
Wyoming
$46,370
Ohio
$45,260
Michigan
$45,240
South Carolina
$45,010
Missouri
$44,230
Arizona
$44,060
New Mexico
$43,850
Guam
$43,690
Nevada
$43,100
Utah
$42,800
Kentucky
$42,130
Iowa
$40,230
Virgin Islands
$40,070
Tennessee
$39,320
Mississippi
$37,750
Louisiana
$36,510
Arkansas
$35,640
Montana
$35,550
Puerto Rico
$34,930
West Virginia
$34,110
South Dakota
$33,280
Idaho
$27,340