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Property, Real Estate Manager Salary in U.S.

The salary statistics of property, real estate managers are shown in Table 1. In the next few tables we compare the average salaries of property, real estate managers within different industry sectors and in the 50 states of the United States. The property, real estate managers annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].

Table 1. Property, Real Estate Manager Salary in U.S. (2019 survey)

Percentile BracketAverage Annual Salary
10th Percentile Wage
$31,030
25th Percentile Wage
$41,630
50th Percentile Wage
$58,760
75th Percentile Wage
$84,430
90th Percentile Wage
$129,160

Table 1 shows the average annual salary for property, real estate managers. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) property, real estate managers is $129,160. The median annual salary (50th percentile) is $58,760. The average annual salary for the bottom 10 percent is $31,030. Take note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 316% higher than that of the bottom 10 percent.

Median salary trend (2012 to 2019)

The table and chart below show the trend of the median salary of property, real estate managers from 2012 to 2019.

YearMedian SalaryYearly Growth7-Year Growth
2019
$58,760
0.71% 10.47%
2018
$58,340
-0.57% -
2017
$58,670
2.78% -
2016
$57,040
2.91% -
2015
$55,380
2.00% -
2014
$54,270
1.97% -
2013
$53,200
1.11% -
2012
$52,610
- -

Table 2. Property, Real Estate Manager Salary by Industry Sector (2019 survey)

The average salaries of property, real estate managers in 19 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for property, real estate managers occupations is the mining sector with an annual salary $109,910. The lowest paying sector is the accommodation and food services sector (annual salary $55,640).

Industry Sector Median Annual Salary
Mining
$109,910
Information
$103,760
Utilities
$102,540
Manufacturing
$100,730
Finance and Insurance
$90,950
Management of Companies and Enterprises
$88,550
Transportation and Warehousing
$83,440
Educational Services
$83,150
Construction
$82,630
Professional, Scientific, and Technical Services
$77,030
Wholesale Trade
$75,540
Retail Trade
$74,090
Arts, Entertainment, and Recreation
$67,890
Federal, State, and Local Government
$67,350
Administrative and Support and Waste Management and Remediation Services
$63,530
Health Care and Social Assistance
$59,670
Other Services (except Federal, State, and Local Government)
$58,100
Real Estate and Rental and Leasing
$56,390
Accommodation and Food Services
$55,640

Table 3. Median Annual Wage of Property, Real Estate Managers by States (2019 survey)

From the above tables we note that not only property, real estate managers salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of property, real estate managers in all 50 states of the United States. We note that the median annual salaries range from $33,850 to $93,790. The highest paying state for property, real estate managers is New York with a median annual salary of $93,790. The lowest paying state is Idaho with a median annual salary of $33,850. For more salary information of property, real estate managers profession in a specific state, use the links in the table.

State Name Median Annual Salary
New York
$93,790
Rhode Island
$93,630
Puerto Rico
$89,880
Virginia
$80,620
Washington
$79,750
Massachusetts
$79,430
District of Columbia
$74,320
New Jersey
$73,730
Colorado
$73,050
Oklahoma
$69,580
Connecticut
$66,570
Maryland
$66,140
Alaska
$65,890
Virgin Islands
$63,100
Pennsylvania
$61,940
Illinois
$61,830
California
$61,660
Minnesota
$61,380
New Hampshire
$60,900
Texas
$60,110
Wisconsin
$59,430
Delaware
$58,370
Vermont
$58,150
Hawaii
$56,720
Michigan
$56,580
North Carolina
$56,430
Maine
$55,070
Florida
$54,850
Iowa
$53,670
Tennessee
$52,760
Georgia
$52,720
Alabama
$52,640
Nebraska
$52,560
Arizona
$52,520
Wyoming
$51,300
Missouri
$50,790
South Carolina
$50,580
Ohio
$50,540
Nevada
$50,040
Indiana
$48,890
Oregon
$48,840
Kentucky
$48,830
West Virginia
$47,140
Utah
$46,040
North Dakota
$45,470
New Mexico
$44,790
Louisiana
$43,170
Arkansas
$43,000
Kansas
$42,930
Montana
$40,890
Mississippi
$38,880
Guam
$38,590
South Dakota
$37,340
Idaho
$33,850