How much does a property manager make?
a year · about $34 an hour
A typical property manager in the United States makes $69,990 a year, about $34 an hour, about the same as a typical US worker (median, May 2025, US Bureau of Labor Statistics).
What do they do?
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.
Did you know? Surprise: Some U.S. property managers are required to live at the very properties they manage.
Is that a lot?
Compared with jobs you knowIf 100 people had this job
Most earn between $41,010 and $139,680How do you become one?
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.
School needed: Usually a bachelor's degree
Good for people who like leading and selling and keeping things organized
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.
Where does it pay most?
Highest in Washington ($119,320), lowest in Arkansas ($47,760).
See every state
Top 5 and bottom 3 states, typical (median) yearly pay.
Jobs like this
Data table and sources
| Lower earner (10th from bottom) | Typical person (median) | Higher earner (10th from top) | People in this job |
|---|---|---|---|
| $41,010 | $69,990 | $139,680 | about 311,000 |
| State | Typical person (median) | People in this job |
|---|---|---|
| Washington | $119,320 | about 3,000 |
| Massachusetts | $103,410 | about 7,000 |
| Colorado | $100,080 | about 2,000 |
| New York | $99,390 | about 11,000 |
| District of Columbia | $94,080 | about 2,000 |
Official definition: 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).
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
- www.bls.gov/ooh/management/property-real-estate-and-community-association-manage
- www.onetonline.org/link/summary/11-9141.00
- www.bls.gov/oes/
- www.careeronestop.org/Toolkit/Training/find-licenses.aspx
Data: US BLS OEWS, May 2025 · 1 USD = 150 JPY