Property, Real Estate Manager Salary Information in Richmond, Virginia

The annual and hourly salary statistics of property, real estate managers in Richmond, Virginia are shown in Table 1 and Table 2, respectively. The wage data of property, real estate managers in Richmond 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 Richmond, Virginia

Percentile BracketAverage Annual Salary
10th Percentile Wage
$50,960
25th Percentile Wage
$56,100
50th Percentile Wage
$69,010
75th Percentile Wage
$94,120
90th Percentile Wage
$122,610

Table 1 shows the average annual salary for property, real estate managers in Richmond, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $122,610. The median (50th percentile) annual salary is $69,010. The average annual salary for the bottom 10 percent earners is $50,960.

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
$69,010
-19.84% -18.65%
2016
$82,700
7.44% -
2015
$76,550
-25.64% -
2014
$96,180
-1.06% -
2013
$97,200
15.76% -
2012
$81,880
- -

Table 3. Compare Property, Real Estate Manager Salary in Richmond with Other Virginia Cities

From Table 3 we note that the median annual salary of $69,010 in Richmond is in the middle of salary range for property, real estate managers in state of Virginia. In comparison, the annual salary of property, real estate managers in Richmond is 22.0 percent (22.0%) lower than that in the highest paying Southside Virginia nonmetropolitan area and 38.9 percent (38.9%) higher than that in the lowest paying Kingsport-Bristol-Bristol.

Cities/Areas Median Annual Salary
Southside Virginia nonmetropolitan area
$88,450
Harrisonburg
$80,110
Blacksburg-Christiansburg-Radford
$76,290
Virginia Beach-Norfolk-Newport News
$74,190
Richmond
$69,010
Charlottesville
$66,620
Northwestern Virginia nonmetropolitan area
$58,840
Roanoke
$55,750
Northeastern Virginia nonmetropolitan area
$50,060
Kingsport-Bristol-Bristol
$42,190



See also: Top paying jobs in Richmond, Virginia.