Property, Real Estate Manager Salary Information in Virginia

The average annual and hourly salaries for property, real estate managers in the state of Virginia are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of property, real estate managers among Virginia areas is shown in Table 3. The salary statistics are 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 & 2. Annual & Hourly Salary of Property, Real Estate Managers in Virginia

Percentile BracketAverage Annual Salary
10th Percentile Wage
$40,660
25th Percentile Wage
$56,510
50th Percentile Wage
$80,140
75th Percentile Wage
$114,190
90th Percentile Wage
$161,900

Table 1 shows the average annual salary for property, real estate managers in Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $161,900. The median (50th percentile) annual salary is $80,140. The average annual salary for the bottom 10 percent is $40,660.

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
$80,140
-0.07% 0.32%
2016
$80,200
2.83% -
2015
$77,930
-5.88% -
2014
$82,510
-1.55% -
2013
$83,790
4.67% -
2012
$79,880
- -

Table 3. Median Annual Salary of Property, Real Estate Managers in Virginia Cities

Table 3 shows the median annual salary of property, real estate managers in some Virginia cities and metropolitan areas. We note that the median annual salary of property, real estate managers in state of Virginia ranges from $42,190 to $88,450. The highest paying area for property, real estate managers in Virginia is Southside Virginia nonmetropolitan area with a median annual salary of $88,450. The second highest paying city/area in Virginia State is Harrisonburg (mean annual salary $80,110). The lowest paying area is Kingsport-Bristol-Bristol with a median annual salary of $42,190.

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




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