$Who Earns What

How much does a property manager make?

US Property, Real Estate, and Community Association Managers

Answer: A typical property manager in the United States makes $69,990 a year (median, May 2025, US Bureau of Labor Statistics).

Yearly pay of a typical person doing this job in the US
$69,990

Line up 100 people; this is the one in the middle (median). about 311,000 people work in this job. Well above the US-wide typical pay ($50,980).

Lower earner
$41,010
10th from the bottom of 100
Typical person
$69,990
Right in the middle (median)
Higher earner
$139,680
10th from the top of 100

If 100 people had this job

Lowest at bottom-left, highest at top-right

Hover over a person to see their yearly pay

50 of 100
more than half

Property manager pay in the United States (May 2025, median and spread)

Property manager pay in the United States (May 2025, median and spread) — Data: US BLS OEWS, May 2025
Lower earner (10th from bottom)Typical person (median)Higher earner (10th from top)People in this job
$41,010$69,990$139,680about 311,000
States where property managers earn the most (median, May 2025)
StateTypical person (median)People in this job
Washington$119,320about 3,000
Massachusetts$103,410about 7,000
Colorado$100,080about 2,000
New York$99,390about 11,000
District of Columbia$94,080about 2,000

Why does pay differ?

In the US, pay varies with experience, location, employer type, and the size or kind of property managed; BLS reports different pay across industries and local areas. State licenses and extra credentials can affect which jobs a person qualifies for, and some jobs include evening meetings or emergency calls.

What if you lived in a different state?

Pay varies a lot by state in the US
Whole US$69,990
Washington$119,320
Massachusetts$103,410
Colorado$100,080
New York$99,390
District of Columbia$94,080
Louisiana$49,990
South Dakota$49,490
Arkansas$47,760

Top 5 and bottom 3 states, typical (median) yearly pay.

What does a property manager do?

Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).

What's a typical day like?

They inspect buildings and grounds, answer residents’ repair requests, and show empty units to people looking to rent. They arrange repair crews, track rent and bills, and prepare budgets or reports.

How to get this job

Finish high school, then gain related experience, often as an assistant manager; college may help in commercial work. In the US, check state rules: some require a property or real-estate license; courses and exams can lead to credentials.

Usually a bachelor's degree (preparation level 4 of 5)

Good for people who like leading and selling and keeping things organized.

Did you know?

Surprise: Some U.S. property managers are required to live at the very properties they manage.

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Sources and data

Source: US Bureau of Labor Statistics, OEWS May 2025 (bls.gov); descriptions and related jobs from O*NET 31.0. Figures as of May 2025, full-time yearly pay (hourly × 2,080 hours). bls.gov/oes · O*NET OnLine

Pages used for the text

Data: US BLS OEWS, May 2025 · 1 USD = 150 JPY