The annual salary statistics of property, real estate managers in Detroit-Warren-Livonia, Michigan is shown in Table 1. The wage data of property, real estate managers in Detroit-Warren-Livonia is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $33,900 |
| 25th Percentile Wage | $40,920 |
| 50th Percentile Wage | $54,360 |
| 75th Percentile Wage | $83,760 |
| 90th Percentile Wage | $118,170 |
Table 1 shows the average annual salary for property, real estate managers in Detroit-Warren-Livonia, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $118,170. The median (50th percentile) annual salary is $54,360. The average annual salary for the bottom 10 percent earners is $33,900.
The table and chart below show the trend of the median salary of property, real estate managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $54,360 | -4.27% | 21.39% |
| 2018 | $56,680 | 0.85% | - |
| 2016 | $56,200 | 16.83% | - |
| 2015 | $46,740 | 3.34% | - |
| 2014 | $45,180 | 8.92% | - |
| 2013 | $41,150 | -3.84% | - |
| 2012 | $42,730 | - | - |
From Table 3 we note that the median annual salary of $54,360 in Detroit-Warren-Livonia is in the middle of salary range for property, real estate managers in state of Michigan. In comparison, the annual salary of property, real estate managers in Detroit-Warren-Livonia is 33.9 percent (33.9%) lower than that in the highest paying Monroe and 27.9 percent (27.9%) higher than that in the lowest paying Upper Peninsula of Michigan nonmetropolitan area.