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Property, Real Estate Manager Salary Information in Virginia Beach-Norfolk-Newport News, Virginia

The annual and hourly salary statistics of property, real estate managers in Virginia Beach-Norfolk-Newport News, Virginia are shown in Table 1 and Table 2, respectively. The wage data of property, real estate managers in Virginia Beach-Norfolk-Newport News 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 Virginia Beach-Norfolk-Newport News, Virginia

Percentile BracketAverage Annual Salary
10th Percentile Wage
$35,350
25th Percentile Wage
$40,490
50th Percentile Wage
$64,360
75th Percentile Wage
$90,770
90th Percentile Wage
$133,250

Table 1 shows the average annual salary for property, real estate managers in Virginia Beach-Norfolk-Newport News, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $133,250. The median (50th percentile) annual salary is $64,360. The average annual salary for the bottom 10 percent earners is $35,350.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$17.00
25th Percentile Wage
$19.47
50th Percentile Wage
$30.94
75th Percentile Wage
$43.64
90th Percentile Wage
$64.06

Table 2 shows the average hourly salary for property, real estate managers in Virginia Beach-Norfolk-Newport News, Virginia. The average hourly salary for the 90th percentile is $64.06. The median hourly salary is $30.94. The average hourly salary for the bottom 10 percent is $17.00.

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
201664,3609.65%8.79%
201558,1501.50%-
201457,280-6.63%-
201361,0803.90%-
201258,700--

Table 3. Compare Property, Real Estate Manager Salary in Virginia Beach-Norfolk-Newport News with Other Virginia Cities

From Table 3 we note that the median annual salary of $64,360 in Virginia Beach-Norfolk-Newport News 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 Virginia Beach-Norfolk-Newport News is 22.2 percent (22.2%) lower than that in the highest paying Richmond and 37.0 percent (37.0%) higher than that in the lowest paying Kingsport-Bristol-Bristol.

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 Virginia Beach-Norfolk-Newport News, Virginia.