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 2016 and published in April 2017 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Property, Real Estate Managers in Richmond, Virginia

Percentile BracketAverage Annual Salary
10th Percentile Wage
$51,730
25th Percentile Wage
$67,110
50th Percentile Wage
$82,700
75th Percentile Wage
$99,030
90th Percentile Wage
$159,290

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 $159,290. The median (50th percentile) annual salary is $82,700. The average annual salary for the bottom 10 percent earners is $51,730.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$24.87
25th Percentile Wage
$32.27
50th Percentile Wage
$39.76
75th Percentile Wage
$47.61
90th Percentile Wage
$76.58

Table 2 shows the average hourly salary for property, real estate managers in Richmond, Virginia. The average hourly salary for the 90th percentile is $76.58. The median hourly salary is $39.76. The average hourly salary for the bottom 10 percent is $24.87.

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
201682,7007.44%0.99%
201576,550-25.64%-
201496,180-1.06%-
201397,20015.76%-
201281,880--

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

From Table 3 we note that with a median annual salary of $82,700, Richmond is the highest paying city for property, real estate managers in state of Virginia, followed by Blacksburg-Christiansburg-Radford (median annual salary $76,290). In comparison, the median annual salary of property, real estate managers in Richmond is 7.8 percent (7.8%) higher than that in Blacksburg-Christiansburg-Radford.

Cities/Areas Median Annual Salary
Richmond
$82,700
Blacksburg-Christiansburg-Radford
$76,290
Charlottesville
$66,620
Virginia Beach-Norfolk-Newport News
$64,360
Roanoke
$61,480
Kingsport-Bristol-Bristol
$40,540

See also: Top paying jobs in Richmond, Virginia.