The annual salary statistics of property, real estate managers in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage statistics of property, real estate managers in Grand Rapids-Wyoming 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 | $32,380 |
| 25th Percentile Wage | $39,230 |
| 50th Percentile Wage | $65,970 |
| 75th Percentile Wage | $81,560 |
| 90th Percentile Wage | $125,790 |
Table 1 shows the average annual salary for property, real estate managers in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $125,790. The median (50th percentile) annual salary is $65,970. The average annual salary for the bottom 10 percent earners is $32,380.
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 | $65,970 | 1.23% | 32.27% |
| 2018 | $65,160 | 15.42% | - |
| 2017 | $55,110 | -3.65% | - |
| 2016 | $57,120 | 33.81% | - |
| 2015 | $37,810 | 1.72% | - |
| 2014 | $37,160 | -0.81% | - |
| 2013 | $37,460 | -19.27% | - |
| 2012 | $44,680 | - | - |
From Table 3 we note that the median annual salary of $65,970 in Grand Rapids-Wyoming 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 Grand Rapids-Wyoming is 19.8 percent (19.8%) lower than that in the highest paying Monroe and 40.6 percent (40.6%) higher than that in the lowest paying Upper Peninsula of Michigan nonmetropolitan area.